Rio Tinto traded at 7,122.00 this Saturday February 21st, increasing 4.00 or 0.06 percent since the previous trading session. Looking back, over the last four weeks, Rio Tinto gained 9.81 percent. Over the last 12 months, its price rose by 42.24 percent. Looking ahead, we forecast Rio Tinto to be priced at 6,979.56 by the end of this quarter and at 6,569.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Rio Tinto plc is a mining and metals company. The Company's business is finding, mining and processing mineral resources. The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade. Its Iron Ore product operations are located in the Pilbara region of Western Australia and operations include approximately five iron ore products and approximately four port terminals. The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters. Its bauxite mines are located in Australia, Brazil and Guinea. The Copper & Diamonds segment has managed operations in Australia, Canada, Mongolia and the United States, and non-managed operations in Chile and Indonesia. The Energy & Minerals segment consists of mining, refining and marketing operations across sectors including borates, iron ore concentrate and pellets, titanium dioxide and uranium.