Industry News

Rio Tinto share price gains lag BHP despite green steel deal

Views : 233
Update time : 2022-06-08 22:23:38

The Rio Tinto Limited (ASX: RIO) share price is climbing today after the company announced a low-carbon deal last night.

At the time of writing, shares in the world’s second-largest miner are up 2.75% to $119.76.

However, its share price gains are being eclipsed by peer BHP Group Ltd (ASX: BHP). BHP is trading 3.11% higher at $47.74.

In contrast, the broader S&P/ASX 200 Resources (ASX: XJR) sector is also rebounding in lunchtime trade, up 2.5% to 6,158.9 points.

Related News
Read More >>
E United Group enters European market with 98% recycled steel E United Group enters European market with 98% recycled steel
Mar .03.2026
E United Group enters European market with 98% recycled steel
LME nickel prices rise on weak US dollar and stronger economic data LME nickel prices rise on weak US dollar and stronger economic data
Mar .03.2026
LME nickel prices rise on weak US dollar and stronger economic data
Walsin Lihwa predicts strong Q1 recovery in stainless steel market Walsin Lihwa predicts strong Q1 recovery in stainless steel market
Mar .03.2026
Walsin Lihwa predicts strong Q1 recovery in stainless steel market
Australia raises AD duties on Chinese steel reinforcing bar imports Australia raises AD duties on Chinese steel reinforcing bar imports
Mar .03.2026
Australia raises AD duties on Chinese steel reinforcing bar imports