Rio Tinto Declares Interim Dividend for Shareholders
Australia Shares Inch Higher Ahead of Fed Meeting
Rio Tinto Launches Biofuel Crop Farming Trial For Renewable Diesel Production In Australia
Rio Tinto Launches Biofuel Crop Farming Trial for Renewable Diesel Production in Australia
Will copper prices soar in the long term? BHP Group Ltd: The AI wave will intensify the copper shortage.
①Although the global copper market is currently in a phase of weak demand, mining giant BHP Group Ltd. warns that future copper demand will largely skyrocket due to the artificial intelligence wave; ②BHP Group Ltd. warns that copper is a key metal in the transition to clean energy, and the development of artificial intelligence will exacerbate the copper shortage issue.
The Federal Reserve is about to cut interest rates, and the Australian stock market has reached a historic high.
On Tuesday, the Australian stock market reached a new all-time high as expectations grew that the Federal Reserve may conduct a large-scale interest rate cut this week. The S&P/ASX 200 index rose 0.3% to 8,148.8 points, surpassing the previous high of 8,148.7 points on August 1. It is widely expected that the Federal Reserve will cut interest rates by at least 25 basis points at the end of the two-day meeting on Wednesday. However, some reports last week sparked speculation that the Federal Reserve may cut rates by 50 basis points. According to CME's FedWatch tool, currently 62% of market participants expect a 50 basis point rate cut. In Australia
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