|Bid||61.51 x 900|
|Ask||61.52 x 1100|
|Day's Range||60.58 - 61.59|
|52 Week Range||35.35 - 66.55|
|Beta (5Y Monthly)||0.65|
|PE Ratio (TTM)||13.93|
|Forward Dividend & Yield||3.82 (6.20%)|
|Ex-Dividend Date||Mar. 06, 2020|
|1y Target Est||62.67|
Mining giant Rio Tinto <RIO.AX> has not formally committed to review the terms of an iron ore mine development that would let it destroy 124 culturally significant sites, a group representing Aboriginal traditional owners said on Monday. Addressing a parliamentary panel examining how Rio legally destroyed sacred and historically significant rockshelters in Western Australia state, the head of the Yinhawangka Aboriginal Corporation said Rio had stopped short of promising any review. "Rio have stated in various forums that they will consider reviewing the agreement....(but) we don’t have a formal commitment," Chief Executive Grant Bussell told the inquiry.
Iron ore prices are surging higher on the back of a boom in the construction and manufacturing sector in China.
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