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Market
What will be the net profit trend for Boyne Smelters Ltd in 2024?
5
Rio Tinto•Mitsubishi Corporation•Boyne Smelters Ltd•BSL•Boyne Island•Gladstone•Australia•Sumitomo Chemical Co
Resolution / Starting Odds
Net profit increase • 33%
Net profit decrease • 33%
No significant change in net profit • 33%
Annual financial reports from Boyne Smelters Ltd or Rio Tinto
Story
Rio Tinto Acquires Mitsubishi’s 11.65% Stake in Boyne Smelters, Raising Interest to 73.5%
Jun 10, 2024, 11:19 PM
Rio Tinto has announced its acquisition of Mitsubishi Corporation’s 11.65% stake in Boyne Smelters Ltd (BSL), which operates the Boyne Island aluminium smelter in Gladstone, Australia. This acquisition follows Rio Tinto's recent purchase of Sumitomo Chemical Co’s 2.46% stake in BSL, bringing Rio Tinto’s total interest in BSL to 73.5%. The financial terms of the transaction have not been disclosed.
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Similar markets
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
Decrease from 2024 • 25%
Increase • 33%
Remain the same • 34%
Decrease • 33%
Increase by 5-10% • 25%
Increase by 11-20% • 25%
Decrease by 5-10% • 25%
Decrease by 11-20% • 25%
Increase more than 20% • 25%
Increase 10-20% • 25%
Decrease or no change • 25%
Decrease more than 20% • 25%
