World of commodities a China/rest of world split, clearly shown by BHP and Rio’s results
The risk for Rio Tinto is that it becomes a one-trick pony, as iron ore accounted for 96% of its underlying earnings in the first half
20 August 2020 - 12:40
Launceston — It may be a bit of an oversimplification, but in the current situation of the global coronavirus pandemic, the world of commodities is effectively split between China and the rest.
Nowhere is this more clearly illustrated than in the results of top global miners BHP Group and Rio Tinto...
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