Recent market overreaction to iron ore prices has created an enticing entry opportunity for Rio Tinto. Its valuation bottomed in 2021 at a mere 5.2x P/E and marked the beginning of the new cycle.
NEW YORK , Feb. 18, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for APPN, RIO, WMT, NOC, and NFLX. … Full story available on Benzinga.com

Australia shares fall as Ukraine crisis dampens risk appetite

04:34am, Friday, 18'th Feb 2022 Business Recorder
Australia shares fell on Friday, amid a global sell-off after geopolitical tensions flared between the United States and Russia over Ukraine, with technology stocks leading the losses. The S&P/ASX 200 index was down 0.9% at 7,224.30 points, as of 0016 GMT, but was set for a third straight weekly gain. The benchmark closed 0.2% higher on Thursday. Shelling in Ukraine on Thursday renewed fears of an imminent Russian invasion as US President Joe Biden said there was every indication Moscow planned to attack Ukraine, while Russia accused Washington of stoking tensions. Developments in Ukraine have also added to uncertainty about the path of the US Federal Reserve''s tightening plans to fight inflation. Gold rally drives Australia shares higher Australia''s QBE Insurance was the top loser on the benchmark with a nearly 11% plunge after its full-year profit missed estimates. Technology stocks hit their lowest levels since late January, tracking losses in their growth-oriented US peers. Shares of Computershare fell 1.6%.
Australian Stock Market Elliott Wave Analysis Trading Levels ASX 200 Index (XJO), Forex AUDUSD, Commonwealth Bank CBA, BHP Group (BHP), Rio Tinto (RIO …
Luo Tiejun, vice president of China Iron and Steel Association, held a video conference with Simon Farry, vice president of Rio Tinto Iron Ore Marketing Department, on February14.
U.S. stocks and global equities were in the throes of a rally on ebbing fears of a conflict breaking out between Ukraine and Russia, which has amassed 130,000 troops on the border of that country.
TORONTO and MARSEILLE, France , Feb. 15, 2022 /CNW/ - Foraco International SA (TSX: FAR ) (the "Company" or "Foraco"), a leading global provider of mineral and water drilling services, today announced it has been awarded a major contract with Rio Tinto Western Australia Iron Ore. This contract is for exploration and evaluation drilling services in the Pilbara region, involving both Diamond Drilling and Reverse Circulation rigs and is signed for 3 years firm plus 2 optional years extension. It will involve a total of 7 rigs, most of them being remotely operated, and has a total face value of 155 million AUD, or U$ 110 million, including options. "We have been working for Rio Tinto Iron Ore in the Pilbara for nearly a decade now and are very excited to start a new chapter of our excellent relationships after having pioneered the first remotely controlled RC rig in the country for them. We are very grateful Rio Tinto management and its field people appreciate our safe and reliable services and wish to strengthen our local partnership furthermore, especially during these difficult pandemic times.
Rio Tinto PLC (LSE:RIO) said it agreed on a new management plan with Yinhawangka Aboriginal Corp to ensure the protection of significant social and cultural heritage values as part of the miner's prop
MONTREAL , Feb. 14, 2022 /CNW Telbec/ - Espace pour la vie announced today that tickets are now on sale for a brand new experience for babies 0 to 18 months and their parents at the Rio Tinto Alcan Planetarium . From March 13 to May 22 , it is not babies who will "follow" their parents around, but the parents who will accompanies their young children through an immersive show specially designed to meet their need to be awakened and stimulated. The audacious proposal of the Planétarium Rio Tinto Alcan is the offshoot of a GSI Musique production created by the Montreal studio Noisy Head with the music of Bébé symphonique , a magnificent album of 7 pieces composed for infants by maestro Simon Leclerc and performed by the Orchestre symphonique de Montréal . Presented as a double feature tailored to this specific audience, the Bébé symphonique show will be followed by Stardust for those interested in discovering the starry sky in the company of a scientific guide. Curled up snugly in bean bags under the Planétarium Rio Tinto Alcan''s colourful and starry dome, parents and babies can let themselves be enchanted by the music of Bébé symphonique , and pursue the experience under the celestial vault!
A team led by Rio Tinto has been awarded $2.2 million in funding from the Department of Energy to explore the potential for carbon storage at the company''s central Minnesota nickel joint venture, the company said Feb. 14. Rio Tinto, which will contribute $4 million in funding for the three-year project, said the team will investigate new approaches in carbon

Vale's (VALE) Q4 Iron Ore Production Down 2% Y/Y, Shares Fall

05:08pm, Monday, 14'th Feb 2022 Zacks Investment Research
Despite reporting lower production in Q4, Vale S.A's (VALE) iron ore production was up 5% year over year to 315.6 Mt in 2021. The miner retains its production guidance at 320-335 Mt for 2022.
Rio Tinto <> said it agreed to a heritage protection plan with an indigenous landowner group for the Western Range iron ore project in WesternAustralia''s Pilbara region, as it…
The Western Mine Workers’ Alliance has slammed as ill-conceived and inadequate an Isolation Care Package being offered to Rio Tinto’s Pilbara workers
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