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RIO Jan 2024 57.500 put

OPR - OPR Delayed Price. Currency in USD
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12.510.00 (0.00%)
As of 10:43AM EST. Market open.
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Previous Close12.51
Expire Date2024-01-19
Day's Range12.51 - 12.51
Contract RangeN/A
Open Interest12
  • Reuters

    Mongolia calls on Rio Tinto to keep budget for giant copper mine in check

    Mongolia has asked Rio Tinto, its partner in the huge Oyu Tolgoi copper and gold mine in the Gobi desert, not to further increase its estimated $7.06 billion budget for the project's expansion, its mining minister told Reuters. The two partners have only just ended a long-running tussle over the underground expansion of the mine, which is behind schedule and over budget, with Rio last year agreeing to waive $2.4 billion in debt owed to it by the government and commit to a structure that did not require additional loan financing. "The government has asked Rio Tinto to not increase the budget," J. Ganbaatar, the minister for mining and heavy industries, told Reuters on Jan. 16 in a video interview.

  • Reuters

    BHP inks deal with Canadian firm to explore for copper in Serbia

    BHP Group has signed a deal with Canada's Mundoro Capital to explore for copper in Serbia, part of a global hunt for new mineral deposits to power the green energy boom. The agreement offers BHP the option to take a stake in three exploration areas that Mundoro holds in Serbia's Timok mining region, to the country's east. Mundoro is a Canadian listed mining investment company that focuses on generating revenue from royalties.

  • Zacks

    Is Rio Tinto (RIO) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.