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RIO - Rio Tinto News Story

6250p -25.0  -0.4%

Last Trade - 4:38pm

Sector
Basic Materials
Size
Large Cap
Market Cap £101.59bn
Enterprise Value £105.45bn
Revenue £31.56bn
Position in Universe 13th / 1824

BUZZ-Australian miners track weak iron ore futures in Asia

Sun 14th March, 2021 11:46pm
** Australian miners  .AXMM  slump as much as 1.7%, taking
cues from a fall in Asian iron ore futures in the previous
session
    ** Moves in China to control steel mills' highly-pollutive
operations and limit production capacity weighed on sentiment on
Friday  IRONORE/ 
    ** World's largest listed miner BHP Group  BHP.AX  falls as
much as 1.2% and Rio Tinto  RIO.AX  drops 2.7%
    ** World's fourth-largest iron ore miner Fortescue Metals
Group  FMG.AX  declines 4.2%
    ** AXMM is up 3.5% this year, as of last close
    
  

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