Rio Tinto plc Stock Price Today: Shares Slip as Fuel-Cost Warning Clouds Outlook
Rio Tinto shares fell 0.8% to 6,324 pence in London after warnings that higher diesel prices could add billions to miners’ costs. The drop followed storm-related mine closures in Queensland and as oil rose above $100 a barrel. London’s mining index slipped 0.4%. Benchmark Singapore diesel swaps traded above $180 a barrel, nearly double pre-war levels.