Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Rio Tinto PLC, through our CFDs Product. This is an Australian-British concern, the third largest transnational mining and metals company in the world.
According to the official open sources, the company’s history began in 1873. Headquarters are located in London, UK, and Melbourne, Austria.
It consists of two operating companies - Rio Tinto Limited and Rio Tinto PLC.
Rio Tinto produces gold (5th place in the world), copper (4th place), aluminum (7th place), mines iron ore (2nd place), coal (4th place), and diamonds (3rd place) and uranium (1st place).
In diamond mining, Rio Tinto PLC ranks third in the world in both value and quantity terms, second only to De Beers and ALROSA. The company's assets are a 100% share in the Argyle mine in Australia and a 60% share in the Diavik mine in Canada.
In 2017, about 76% of the company's diamond production came from the Argyle mine, the world's largest diamond mine in terms of carats mined. Mining at the Argyle mine began in 1983, reaching 40 million carats in the best years.
To date, the mine’s reserves are depleted and are estimated at 39 million carats, which will allow it to be developed until 2020. Most of the diamonds mined at the mine, for 2017, are of poor quality and of the corresponding cost. The bonus is a small amount of rare pink, red and purple diamonds.
Today this brand is listed on the LSE и NYSE and its name is firmly established in our life.
Rio Tinto PLC stock price is subject to the observations of many traders in the world. At the beginning of 2019, the Rio Tinto PLC share price was 37,01 GBP.
Among the reasons to keep a close eye to the CFDs on Rio Tinto PLC securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at Rio Tinto PLC share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
