Industry News

Up 13% in a month, will the Rio Tinto share price deliver more gains by Christmas?

Views : 154
Update time : 2023-11-24 19:18:23

The Rio Tinto Ltd (ASX: RIO) share price has enjoyed a very strong run over the past month.

On 23 October, shares in the S&P/ASX 200 Index (ASX: XJO) iron ore miner finished the day trading for $111.85. Yesterday, the mining stock closed at $126.50 a share.

That puts the Rio Tinto share price up a very healthy 13.1% over the period, far outpacing the 2.7% gains posted by the ASX 200 over this same time.

With one month to go before Christmas, the question ASX 200 investors are asking now is, what can we expect from the Rio Tinto share price heading into the holidays?

Related News
Read More >>
US aluminium trade trends down with imports dampened by 12% in February 2025 US aluminium trade trends down with imports dampened by 12% in February 2025
May .09.2025
US aluminium trade trends down with imports dampened by 12% in February 2025
Geneva to host the world’s most expensive conversation between China and US Geneva to host the world’s most expensive conversation between China and US
May .09.2025
Geneva to host the world’s most expensive conversation between China and US
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
May .09.2025
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
India launches aluminium recycling portal amid circular economy push and global trade shifts India launches aluminium recycling portal amid circular economy push and global trade shifts
May .09.2025
India launches aluminium recycling portal amid circular economy push and global trade shifts