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Rio Tinto PLC (RIO.L)

RIO.L on London Stock Exchange

4,773.00GBp
25 Jun 2019
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Tue, Jun 25 2019

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Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others

OSLO Norway's $1 trillion (784 billion pounds) wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked, the board of the central bank said on Tuesday.

UPDATE 2-Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others

* Cannot invest in tobacco, certain armaments (Adds comment by Nutrien, bullet points)

Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others

OSLO, June 25 Norway's $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked, the board of the central bank said on Tuesday.

UPDATE 2-Miners, strong sterling drag down FTSE 100

* CYBG gains after Virgin Money rebrand plans (Adds news items, analyst comment, updates to closing prices)

BUZZ-Rio Tinto: Drops on Pilbara region shipments forecast cut

** London-listed shares of Anglo-Australian miner fall 3.7% to 4698p; stock among biggest losers on the FTSE 100

Namibia says China can buy Rio's uranium stake if it respects laws

WINDHOEK Namibia's mines and energy minister said he has no objection to Rio Tinto's sale of its uranium mine stake to China provided it respects the African nation's laws.

REFILE-Namibia says China can buy Rio's uranium stake if it respects laws

WINDHOEK, May 29 Namibia's mines and energy minister said he has no objection to Rio Tinto's sale of its uranium mine stake to China provided it respects the African nation's laws.

METALS-Zinc prices jump on tightening stocks

BEIJING, May 28 Zinc prices rose sharply in London and Shanghai in early trade on Tuesday, as investors worried about dwindling inventories of the metal used to galvanise steel. The London Metal Exchange reopened on Tuesday after the Spring bank holiday in the United Kingdom on Monday, which was also the Memorial Day holiday in the United States. FUNDAMENTALS * ZINC: Three-month LME zinc rose as much as 1.5% to $2,599 a tonne and stood at $2,580 as of 0132 GM

UPDATE 1-Over 40% of minority shareholders of Turquoise Hill oppose independent directors

TORONTO, May 14 A large proportion of the minority shareholders in Rio Tinto Plc-controlled Turquoise Hill Resources voted against the re-election of the company's independent directors on Tuesday.

BHP to keep Nickel West, Rio looks to Jadar lithium for battery boom

LONDON Global miner BHP will hold on to the Australian nickel operations it previously put up for sale, while Rio Tinto is working on copper and lithium projects as the mining industry bets on demand for electric vehicle (EV) batteries.

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