Rio Tinto Plc : The group performed well in H1 2020 in terms of production. Its half-yearly results should be solid
>H1 2020 production does not take account of the COVID-19 impact - Production in Q2 2020 in copper equivalent came in 1% higher year-on-year despite the disruption caused by COVID-19, the economic repercussions, and the impact of the earthquake at Kennecott (copper). Management said that conditions in China had improved in Q2 2020, with a stabilising trend in the construction and infrastructure sectors. In the rest of the world, demand is picking up, albeit from a low...Rio Tinto is engaged in finding, mining and processing mineral resources. Co. has four product groups: iron ore, which supplies the global seaborne iron ore trade; aluminium, which includes bauxite mines, alumina refineries, and aluminium smelters; Copper and Diamonds, which has managed operations in Australia, Canada, Mongolia and the U.S., and non-managed operations in Chile and Indonesia, with by-product including gold, silver, molybdenum and others such as sulphuric acid, rhenium, and lead carbonate; and Energy and Minerals, which comprises mining, refining and marketing operations across borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium sectors.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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