Maybe. It all depends on iron ore price which is heated. Long term this will surprise $100 and stay there.
I only sold a small portion near $102. My concern is that the Brazilian government will overturn their decisions once a reputable engineering firm finds a way for sustainable safe mining practices. In fact, no doubts this will occur. Up to 80mtpa is too much lost taxes and employment for an emerging country not to have.
Maybe. It all depends on iron ore price which is heated. Long...
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Last
$119.00 |
Change
-2.540(2.09%) |
Mkt cap ! $44.17B | |||
| Open | High | Low | Value | Volume |
| $120.56 | $120.69 | $119.00 | $216.2M | 1.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 130 | $118.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.13 | 1255 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |