The big mining behemoths BHP Billiton (LSE: BLT) and Rio Tinto (LSE: RIO) need commodity prices to rebound if their share prices are ever going to make positive progress again — let alone just to shore up the cashflow they need to pay dividends. But unfortunately China still seems to be slowing, which would only seem to point to an ongoing stagnation in demand.
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New China Slowdown Blow For BHP Billiton plc And Rio Tinto plc
VIDEO: One Fool puts Rio Tinto plc (LON:RIO) and BHP Billiton plc (LON:BLT) under the spotlight.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
