The world’s largest British-Australian metals and mining corporation has achieved great results in mining over the past year. Rio Tinto has increased its iron ore production by 11%. The uranium production capacity has reached the mark of 3 million tonnes, which is 72% higher than in 2015. The diamond production has grown by 25%. With such tempo Rio Tinto will soon substantially increase its revenue and take the leading position in the industry.
The positive data has immediately influenced the value of Rio Tinto shares, which has increased by 4.26% and still continues to grow. Traders have a great chance to earn money on a further rise. Trading will be available during the European session, from 7:30 to 15:30 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.