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RIO - Rio Tinto News Story

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Sector
Basic Materials
Size
Large Cap
Market Cap £99.32bn
Enterprise Value £103.19bn
Revenue £31.65bn
Position in Universe 13th / 1826

BUZZ-Australian miners gain on firmer Chinese coking coal prices

Thu 18th March, 2021 12:21am
** Australian subindex for miners  .AXMM  is set to fall
after three consecutive sessions of losses, rising as much as
1.2% as at 1206 GMT 
    ** AXMM tracks Chinese coking coal futures that rose on
Wednesday due to strong demand  IRONORE/  
    ** World's largest listed miner BHP Group  BHP.AX  edges
0.3% higher and world's biggest iron ore miner Rio Tinto
 RIO.AX  adds as much as 0.5%
    ** World's fourth-largest iron ore miner Fortescue Metals
Group  FMG.AX  gains as much as 0.5% 
    ** AXMM has risen 0.6% this year, as of last close
    
  

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com))
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