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RIO - Rio Tinto News Story

6281p 65.0  1.0%

Last Trade - 4:36pm

Sector
Basic Materials
Size
Large Cap
Market Cap £100.64bn
Enterprise Value £101.91bn
Revenue £42.02bn
Position in Universe 13th / 1799

BUZZ-Copper miners rise after Powell vows to keep rates low

Wed 23rd June, 2021 3:11pm
** Shares of copper miners rise tracking gains in the metal
prices, after U.S. Federal Reserve chair Jerome Powell vowed to
keep interest rates low to boost economic recovery
    ** Three-month copper on the London Metal Exchange  CMCU3 
rose 0.2% to $9,321 a tonne  MET/L 
    ** Freeport-McMoRan  FCX.N , the world's largest publicly
traded copper producer, gains 2.8%
    ** U.S.-listed shares of mining giants BHP Group  BHP.AX ,
 BHP.N  and Rio Tinto  RIO.L ,  RIO.N  were up 1.5% and 1.8%,
respectively
    ** First Quantum Minerals  FM.TO , Southern Copper  SCCO.N 
and Teck Resources  TECKb.TO  rise between 2.3% and 3.8%


 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))
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