RIO is loaded with sovereign risk which is one of the key reasons it usually traded at quite a bit of a discount to BHP.
It’s African iron ore foray is even worse. Albeit the Chinese partners hopefully can contain that with methods us westerners like to turn a blind eye to.
Nevertheless a quality company, true globalist company. I hold a lot in this with BHP too. Only 2 miners I’m comfortable putting substantial funds into.
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Last
$111.89 |
Change
0.190(0.17%) |
Mkt cap ! $41.65B | |||
| Open | High | Low | Value | Volume |
| $111.40 | $113.11 | $110.91 | $128.1M | 1.143M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 129 | $111.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $111.89 | 297 | 12 |
View Market Depth
| Last trade - 14.30pm 01/08/2025 (20 minute delay) ? |
| RIO (ASX) Chart |