Trump’s 50% Copper Tariffs to Target All Refined Imports
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Rio Tinto Plc says it has a “strong desire” to invest in US copper mining following President Donald Trump’s plans to levy imports of the critical metal.
Rio Tinto and BHP have both significantly increased their exposure to copper just as Trump's new tariffs loom. The post Buying Rio Tinto and BHP shares? Here's how they're tracking following Trump's copper tariff bombshell appeared first on The Motley Fool Australia.
RIO Tinto’s incoming CEO should embrace major acquisitions while driving cost reductions, said Reuters citing sources familiar with the selection criteria favoured by the Anglo-Australian miners board,
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Rio Tinto Group (NYSE:RIO) is one of the top 10 materials stocks to buy according to analysts. On July 2, Aluminerie Alouette, an aluminum producer partially owned by Rio Tinto Plc, announced plans to invest up to C$1.
Aluminerie Alouette is planning to commit up to C$1.5B (~US$1.1B) to modernize its facilities in northern Quebec, and has secured a new electricity supply deal with the province's Hydro-Quebec utility,
As Morwenna just mentioned, the FTSE 100 is getting an outsize boost from mining companies this morning, and the chart below really highlights their outperformance versus other sectors. Even though the materials sector is by no means the biggest in terms of weighting in the index -- the top spot is claimed by financials -- moves of over 3% for miners Glencore,