Rio Tinto share prices rises
Rio Tinto’s share price rises more than two-thirds over the past 12-month period despite its various challenges of 2020. Both strong iron ore and copper prices continue to propel the group’s earnings higher, with a new record price hit. Aluminium boss Alf Barrios, who was promoted to chief commercial officer following new boss Jakob Stausholm’s arrival, sold £4.9m in Rio shares last week. Rio refused to comment on the sale.
Source: https://www.ft.com/content/1430d61a-f962-4e44-9d08-456fc705134d
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