NYSE:RIO - New York Stock Exchange, Inc. - US7672041008 - ADR - Currency: USD
Glencore and Rio Tinto are reportedly reconsidering their London listings; their departure would be another significant blow to the LSE.
Weakness in Chinese demand has hurt other mining companies like BHP, too, but Rio made up for some of this decline thanks to strength in the prices of other crucial metals.
RIO earnings call for the period ending December 31, 2024.
Rio Tinto also announced that it is advancing development at Rhodes Ridge. A pre-feasibility study is expected to be completed this year, and the project is slated to begin production in 2030.
Mentions: GNR
Both stocks have shown bullish technical signals; investors are watching closely to see which one has a stronger post-earnings trajectory.
Mentions: VALE
/PRNewswire/ -- Energy Metals News – The global shift toward green energy is accelerating, but experts warn that a looming copper shortage could jeopardize...
After shrugging off the Fed-induced correction, Palantir's earnings report will be the next opportunity for the bulls or bears to be proven right
Lithium prices have bottomed. When will demand recover, especially for EVs?
General Motors is doubling down on its investment in Lithium Americas.
Two of these lithium stocks look a lot riskier than the third.
Rio Tinto is buying fallen lithium stock Arcadium Lithium for $6.7 billion, capitalizing on a crash in lithium prices. Albemarle, seen as a potential M&A target, rallied.