5 Best Aluminum and Aluminum Mining Stocks To Buy

4. Rio Tinto Group (NYSE:RIO)

Number of Hedge Fund Investors In Q3 2023: 27

Rio Tinto Group (NYSE:RIO) is another mega mining company. January 2024 saw the firm expand its focus on its aluminum production portfolio and the environment at the same time as it announced a deal to use solar power to power up an aluminum facility in Australia.

By the end of September 2023, 27 out of the 910 hedge funds part of Insider Monkey’s database had invested in the firm. Ken Fisher’s Fisher Asset Management is Rio Tinto Group (NYSE:RIO)’s largest shareholder as it owns $990 million worth of shares.

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