|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||72.58 - 72.58|
|52 Week Range||63.01 - 100.31|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||6.30|
|Forward Dividend & Yield||8.59 (11.52%)|
|Ex-Dividend Date||Mar 10, 2022|
|1y Target Est||N/A|
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Rio Tinto Ltd, Freeport-McMoRan Inc and other global miners, spurred by rising prices and demand, are deploying a raft of new leaching technologies that can extract low concentrations of copper from waste rock and help avoid lengthy mine permitting delays. Copper prices have nearly doubled in the past two years largely due to the electric vehicle industry's growth, with the demand prompting miners to find faster ways to produce the metal. That has led the industry to reconsider piles of waste rock stored at their mine sites across the globe, with Rio and other companies estimating these piles could contain as much as 100 million tonnes of copper.
SALT LAKE CITY, May 11, 2022--Rio Tinto has started producing tellurium at its Kennecott copper operation in Utah, becoming one of only two U.S. producers of the critical mineral used in advanced thin film photovoltaic solar panels.