arbitrage opp in $riothe rio tinto stock in austrailia is trading at AUD65.95 then convert it in USD we would get $50 but the rio tinto stock trading in the NYSE is trading at 45.41 instead of 50, go long $RIO and sell at 50
6.18USD
10.06 BUSD
54.04 BUSD
1.25 B
About Rio Tinto Plc
Sector
Industry
CEO
Jakob Stausholm
Website
Headquarters
London
Employees (FY)
57.17 K
Founded
1873
ISIN
US7672041008
FIGI
BBG000FD28T3
Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.
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