Reports Q2 global iron ore production 87.1Mt , down 1% y/y. Reports Q2 alumina production 2.0Mt, up 10% year-over-year. Rio Tinto (RIO) Chief Executive Simon Trott said: “In the Pilbara, we achieved our highest first-half iron ore production since we set a record in 2018 through the successful implementation of our ongoing productivity improvement program. In copper, Oyu Tolgoi continued to ramp up, scheduled to deliver more than 30% growth for the first half, while our integrated large-scale aluminum business sustained its strong performance. At Simandu we continued to advance at pace. Simfer mine construction and port infrastructure are both now more than three quarters complete, with full rail commissioning achieved in the first quarter.” TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
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