RIO TINTO LIMITED
Long
Updated

$RIO - RIO TINTO - Smooth run so far

151
RIO might be worth a watch for anyone with a more conservative appetite. Has been running nicely since the start of the year.

Rio Tinto Limited is a mining company. The Company is focused on finding, mining and processing of mineral resources. The Company's operating segments include Iron Ore, Aluminum, Copper & Coal, Diamonds & Minerals, and Other Operations. Its products include aluminum, copper, diamonds, gold, industrial minerals (borates, titanium dioxide and salt), iron ore, thermal and metallurgical coal, and uranium. The Company's activities span across the world and are represented in Australia and North America, with businesses in Asia, Europe, Africa and South America. Its Copper product group comprises approximately four copper operating assets and over six coal operations, which includes Australia and South Africa, as well as development projects. The Diamonds & Minerals product group comprises a suite of businesses, including mining, refining and marketing operations across approximately five sectors. The Iron Ore product group operates iron ores, supplying the global seaborne iron ore trade.
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Trading in the channel quite nicely

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RIO looks like it's taking another run at the $100 mark after a couple of retests.

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