don’t disagree with lithium being a dumb acquisition potentially. But the iron ore price has fallen $5 to yearly lows. So that is dragging the share price. Then you’ve got Mongolian government in turmoil coupled with a $500m odd law suit from them and tenement transfer issues. You can read between the lines here with another poor country demanding more (yet again). So a lot of risk here which the market marked RIO down for. Add in CEO uncertainty.
Divergence to BHP off the top of my head is 6-8% over the last month or so I believe. The above explains it, more than simply lithium woes.
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Last
$106.38 |
Change
-1.200(1.12%) |
Mkt cap ! $39.48B | |||
| Open | High | Low | Value | Volume |
| $108.18 | $108.40 | $106.15 | $280.4M | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | $106.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $106.48 | 3332 | 2 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| RIO (ASX) Chart |