Last Friday, the United States of America imposed new sanctions on the entourage of the Russian president, in particular businessmen, companies and officials, for “malicious actions” of Moscow around the world. One of the companies that faced a threat to the future of their business is the Russian aluminum company Rusal. In turn, it is a winning situation for the Australian-British mining and metals concern Rio Tinto. What has happened will cause an increase in prices for consumers in the US and of the company's shares.
Over the past week, Rio Tinto shares rose 1.3% and will continue to grow based on the news. Trading will be available during the European session, from 07:00 to 15:30 GMT.
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