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
$115.81 |
Change
-1.120(0.96%) |
Mkt cap ! $42.99B | |||
| Open | High | Low | Value | Volume |
| $116.50 | $117.43 | $115.81 | $112.8M | 971.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1571 | $115.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.30 | 500 | 1 |
View Market Depth
| Last trade - 16.14pm 30/07/2025 (20 minute delay) ? |
| RIO (ASX) Chart |