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RIO - Rio Tinto News Story

6535p 58.0  0.9%

Last Trade - 07/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £105.80bn
Enterprise Value £109.70bn
Revenue £31.93bn
Position in Universe 12th / 1821

BUZZ-Copper shares up as red metal rises towards 10-year highs

Thu 11th March, 2021 4:10pm
** Shares of copper miners up, mirroring gains in the
metal's prices
    **  Copper prices rose on Thursday towards 10-year highs hit
last month, as a bumper U.S. stimulus bill, benign U.S.
inflation data and better-than-expected Chinese lending numbers
spread a bullish mood through markets  MET/L 
    ** U.S-listed shares of mining giants BHP Group  BHP.N  and
Rio Tinto  RIO.N  rise 1% and 1.7% respectively
    ** Freeport-McMoRan  FCX.N  climbs 6.5%
    ** Ero Copper  ERO.TO , First Quantum Minerals  FM.TO ,
Southern Copper  SCCO.N  Teck Resources  TECKb.TO , Hudbay
Minerals  HBM.TO  climb between 4.3% and 7.2%
    ** ERO, TECKb and HBM among top pct gainers on S&P/TSX
Composite Index  .GSPTSE 
    ** Benchmark copper  CMCU3  on the London Metal Exchange
(LME) was up 2.1% at $9,048 a tonne in official trading

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com))
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