Rio Tinto Benefits as iron Ore Prices Hit Nine Year High

19 Sep '21 at 2:11 am #27093
TradersCom
Keymaster

[size=5]S&P/ASX200 near unchanged for the week overall BUT iron ore stocks crushed

[color=red][b]Iron ore extended its recent slide, -8.1% Friday to $US107.21/ tonne.
Fortescue led the declines losing 11.5% and earning a downgrade from UBS, Rio Tinto -4.7 BHP -3.4%.[/b][/color][/size]