Capital.com Archives - ׶Ƶ Know More. Risk Better.® Tue, 01 Mar 2022 14:47:29 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png Capital.com Archives - ׶Ƶ 32 32 Rio Tinto (RIO) share price forecast: can it reverse its loss? https://capital.com/rio-tinto-share-price-forecast-buy-or-sell#new_tab Fri, 18 Feb 2022 14:47:19 +0000 /?p=6612 “In our view, the iron ore price rally could continue over the near term as we expect China will gradually ramp up steel production in 2Q22, and macro easing measures,...

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]]> “In our view, the iron ore price rally could continue over the near term as we expect China will gradually ramp up steel production in 2Q22, and macro easing measures, in particular front-loaded infrastructure investment, could boost market sentiment,” according to analysts at ׶Ƶ in a note on 16 February.

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]]> Aluminium price retreat from six weeks high https://capital.com/aluminium-price-retreat-from-six-weeks-high#new_tab Mon, 20 Dec 2021 20:38:28 +0000 /?p=6135 High aluminium prices bode well for Chinese producers. ׶Ƶ on 17 December gave outperform recommendation for Chinese state-owned aluminium producer Aluminium Corporation of China (Chalco) on the back of elevated aluminium price...

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]]> High aluminium prices bode well for Chinese producers. ׶Ƶ on 17 December gave outperform recommendation for Chinese state-owned aluminium producer Aluminium Corporation of China (Chalco) on the back of elevated aluminium price trends and increasing Chalco’s bauxite output.

“High aluminium prices and higher output, supported by the ramp up of the Boffa bauxite mine, should boost Chalco’s future revenues,” ׶Ƶ.

The world’s largest alumina and refined alumina producer’s revenue in the first half of 2021 surged by 43.5% from CNY0.84bn ($131.677m) in the same period last year due to the rise in aluminium prices, according to CreditSight.

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