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Rio Tinto Group
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Rio Tinto (ASX: RIO) growth projects ramp as shares fall 13% in a month
Rio Tinto's Oyu Tolgoi copper output climbed 27% in Q3, Simandou reached a 10-million-tonne annualised run rate and global iron ore sales increased 3%, yet RIO has fallen almost 13% in a month. The next question is whether multiple growth projects can translate into stronger group cash flow.
Rio Tinto gives Mongolia better Oyu Tolgoi terms, but will the deal finally unlock dividends?
Rio Tinto and Mongolia reset Oyu Tolgoi costs, cutting fees and loan interest. Find out what it means for copper growth, dividends and investor risks ahead.