According to the average brokerage recommendation (ABR), one should invest in Rio Tinto (RIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
PERTH, Australia, June 04, 2024--Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to support decarbonising the global steel value chain.
(Bloomberg) -- Rio Tinto Plc will keep its New Zealand aluminum smelter operating until at least 2044 after agreeing new electricity supply agreements.Most Read from BloombergDonald Trump Becomes First Former US President Guilty of CrimesWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedSouth Africa Election Results With 29% Voting Districts InTrump Is Guilty on All Counts in Hush-Money Case. Now What?World’s Largest Nuclear Plant Sits Idle While Energy Needs SoarThe mining gi