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
$111.70 |
Change
-4.110(3.55%) |
Mkt cap ! $41.46B | |||
| Open | High | Low | Value | Volume |
| $112.71 | $114.43 | $111.54 | $288.8M | 2.567M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $111.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $111.70 | 1889 | 1 |
View Market Depth
| Last trade - 16.14pm 31/07/2025 (20 minute delay) ? |
| RIO (ASX) Chart |