Hints and tips:
...Global demand for refined copper alone is expected to double to about 50mn tonnes annually by 2035, according to forecasts published by S&P Global and Rio Tinto....
...Fresnillo dipped 2 per cent, Anglo American was down 1.3 per cent, and Rio Tinto fell 1.1 per cent....
...Australia’s benchmark S&P/ASX 200 index edged down to a one-month low on Tuesday as mining stocks dropped following the release of a Rio Tinto operations report....
...Anchored 200km from Rio de Janeiro, the P-71 floating production unit is among more than 30 run by national oil company Petrobras over a hydrocarbon-rich stretch off the country’s south-eastern Atlantic...
...BHP’s largest rivals, which include Rio Tinto, Glencore and Vale, are unlikely to sit on the sidelines, since copper growth is a strategic priority for all of them....
...It hosts primary listings for industry giants Rio Tinto, Glencore and Anglo American, as well as Chilean copper producer Antofagasta and Endeavour Mining, which operates gold mines in west Africa....
...Tinto FY, Tate & Lyle Q3 trading statement, Wix.com Q4 Thursday Canada, EU, France, Germany, Italy, Japan, UK, US: February S&P Global/HCOB purchasing managers’ index (PMI) data for manufacturing and...
...Felipe Perez, Americas director at S&P Global Commodity Insights, said that, while there might be “some politics” at play, price was the crucial factor driving the diesel imports....
...For comparison, payouts (which include buybacks) only account for 20 per cent of total returns for the S&P 500....
...BHP, Rio Tinto, Glencore, Anglo American and Vale have an average price to forward earnings ratio of 8.5 times versus 18.5 for the S&P 500, according to S&P Capital IQ and Refinitiv....
...G20 foreign minister meeting ends: Brazil’s foreign minister Mauro Vieira addresses the press during the closure of the G20 meeting in Rio de Janeiro....
...S&P Global expects global copper demand to double by 2035 to nearly 49mn metric tonnes....
...The S&P 600 basic resources index led fallers across the region, down 1.4 per cent....
...Map of the day Anchored 200km from Rio de Janeiro is the P-71 floating production unit, one of the newest offshore oil platforms transforming Brazil into a global energy power....
...Senior executives from Goldman Sachs, JPMorgan and other global banks to speak at the Goldman financial services conference in New York Brazil: Q3 GDP figures EU, France, Germany, Italy, Japan, UK, US: S&P...
...Cape Town-based Inspired Evolution hoovered up $199mn and Rio de Janeiro-headquartered Vinci Partners pulled in $185mn for low-carbon infrastructure in Africa and Brazil, respectively....
...If we could do this before they qualify for office, it would make governing a lot more productive and efficient.” — Ajay Doshi p notes...
...Rio Tinto has agreed to pay a $28mn penalty in a US settlement over a failed $3.7bn coal deal in Mozambique....
...The company’s shares fell more than 0.4 per cent in Sydney on Tuesday as the S&P/ASX 200 index rose 1.8 per cent....
...“The most critical issue in every long-term or even short-term investor’s mind [is] fiscal stability,” says Paulo Bilyk, chief executive of asset manager Rio Bravo Investimentos....
...Demand for copper is forecast to rise to 40mn tonnes a year by 2030, up from 25mn tonnes a year in 2021, according to estimates from S&P Global....
...The S&P 500 reached its highest level in more than a year yesterday ahead of the meeting....
...Rio did not respond to a request for comment about the sale....
...Monday France, Germany, Italy, Japan, UK, US: S&P Global/Cips/HCOB manufacturing and services purchasing managers’ index (PMI) data Germany: monthly retail sales figures Results: Cranswick Q1 trading...
...However, beyond the energy crisis, demand for copper is set to soar since production needs to double by 2035 to electrify the global economy and meet emissions targets, according to S&P Global....
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