RIO is more iron ore exposed. So if you believe China can pull off reliable large scale African sources of iron ore, you l’d be better off buying BHP as it has more copper in its earnings mix. And stay clear of FMG which is teir 2 ore. Equally RIO has more production issues in its mines than BHP.
I hold both RIO and BHP. However BHP holding is many multiples of RIO.
RIO is more iron ore exposed. So if you believe China can pull...
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Last
$120.12 |
Change
2.040(1.73%) |
Mkt cap ! $44.59B | |||
| Open | High | Low | Value | Volume |
| $119.20 | $120.25 | $119.04 | $80.21M | 669.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3971 | $120.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.23 | 100 | 2 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |