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Rio and BHP shareholders should enjoy the cash deluge while it lasts


Rio and BHP shareholders should enjoy the cash deluge while it lasts
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July 28, 2021 11.57am
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Rio Tinto and BHP shareholders are about to be awash in cash, again but the two big diversified miners will be looking beyond the current iron ore price that is flooding them with that cash towards the more threatening future moving rapidly towards them.
With an iron ore price holding above $US200 a tonne the companies are generating cash well beyond their internal requirements, with the capital allocation policies they adopted after the last commodities supercycle ended almost dictating that they return that surplus cash to shareholders. ....

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Uranium Week: Hopes For Additional Uranium Demand


10:00 AM
As the uranium spot price rose marginally last week, buyers and sellers were hopeful the listing of the Sprott Physical Uranium Trust would introduce additional demand into the spot uranium market.
-Sprott Physical Uranium Trust listed in Canada
-Utilities looking to incorporate ESG-compliant uranium suppliers
-BHP Group reports uranium production
-Uranium spot price rises by less than 1% for the week
By Mark Woodruff
On July 19, Uranium Participation Corporation (UPC) was formerly restructured as Sprott Physical Uranium Trust (SPUT) and relisted on the Toronto stock exchange with a net asset value of US$497.8m, based on uranium holdings of 18.2mlbs. ....

New York , United States , Olympic Dam , South Australia , Mark Woodruff , Sprott Physical Uranium , Uranium Participation Corporation , Sprott Physical Uranium Trust , Weekly Reports , Sprott Asset Management , Tech Weekly , Spot Price Indicator , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒலிம்பிக் அணை , தெற்கு ஆஸ்திரேலியா , குறி வூட்ரஃப் , யுரேனியம் பங்கேற்பு நிறுவனம் , வாராந்திர அறிக்கைகள் , ஸ்ப்ராட் சொத்து மேலாண்மை ,