Rio Tinto Group (LON: RIO)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 93.41B |
| Revenue (ttm) | 42.43B |
| Net Income (ttm) | 7.90B |
| Shares Out | 1.25B |
| EPS (ttm) | 4.84 |
| PE Ratio | 11.29 |
| Forward PE | 8.88 |
| Dividend | 3.41 (6.24%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 6,090,870 |
| Open | 5,455.00 |
| Previous Close | 5,488.00 |
| Day's Range | 5,455.00 - 5,550.00 |
| 52-Week Range | 4,509.50 - 5,910.00 |
| Beta | 0.63 |
| Analysts | n/a |
| Price Target | 58.07 (-98.94%) |
| Earnings Date | Jul 31, 2024 |
About Rio Tinto Group
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining... [Read more]
Financial Performance
In 2023, RIO's revenue was $54.04 billion, a decrease of -2.72% compared to the previous year's $55.55 billion. Earnings were $10.06 billion, a decrease of -18.83%.
Financial numbers in USD Financial StatementsNews
New Zealand's Biggest Energy User Commits to Long Term
Rio Tinto announced new 20-year power supply deals that will keep Tiwai Point aluminum smelter operational long term, giving the hungriest energy consumer in New Zealand a new lease on life.
Rio Tinto to keep New Zealand aluminum smelter open another 20 years
Rio Tinto signs deal to become sole owner of New Zealand Aluminium Smelters
Rio Tinto said on Friday it entered an agreement buy Sumitomo Chemical Co's 20.64% stake in New Zealand Aluminium Smelters (NZAS) to get full control of the country's only aluminum smelter.
Rio to Keep New Zealand Aluminum Smelter Open After Power Deals
Rio Tinto will keep its New Zealand aluminum smelter operating until at least 2044 after agreeing new electricity supply agreements.
Rio Tinto lays out plans to resurrect Yellowknife's Frame Lake
Rio Tinto will install an aerator in Yellowknife's Frame Lake next week in the hopes of introducing a fish habitat to the anoxic lake.
Mining Rivals Join Forces: Rio Tinto & BHP Partner On Electric Truck Trials
Yesterday, Rio Tinto Group (NYSE: RIO) and BHP Group Limited (NYSE: BHP) announced their plan to collaborate to test large battery-electric haul truck technology in the Pilbara, Western Australia . ...
BHP, Rio Tinto to test battery-electric haul trucks in Pilbara
Mining giants BHP (BHP) and Rio Tinto (RIO) to collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to
BHP and Rio Tinto collaborate on battery-electric haul truck trials in the Pilbara
PERTH, Australia, May 28, 2024 (GLOBE NEWSWIRE) -- In an industry first, BHP and Rio Tinto will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Austr...
Rio Tinto, BHP to collaborate on electric haul truck trials in Pilbara
Top Australian miners Rio Tinto and BHP Group will work together for testing large battery-operated electric haul truck technology in the Pilbara region of Western Australia, Rio Tinto said on Monday.
Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara
PERTH, Australia--(BUSINESS WIRE)--In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to acceler...
Rio Tinto should abandon primary London listing, activist hedge fund says
Rio Tinto should scrap its London listing, activist hedge fund says
London hedge fund Palliser Capital said Rio Tinto should switch its primary listing to Sydney to boost its share price
Rio Tinto hit with class action lawsuit over shuttered Bougainville mine
Activist investor calls for Rio Tinto to abandon London listing
Palliser Capital says miner should unify corporate structure in Australia to boost share price
Rio Tinto Faces Lawsuit Over Panguna Copper Mine in Bougainville
The case has been filed in Papua New Guinea on behalf of thousands residents of Bougainville.
Rio Tinto Faces Class Action Over Bougainville Mine Impact
A class action against Rio Tinto has been filed in a Papua New Guinea court in relation to a long-shuttered copper mine that it offloaded in 2016.
Rio Tinto Invokes Force Majeure on Australian Alumina Sales
The miner has declared force majeure on alumina shipments from operations in Australia’s Queensland state because of a gas shortage.
Rio makes safety change after double-impact derailment
Iron ore giant Rio Tinto reopened the rail line damaged in a train crash as the Mining and Energy Union seeks to highlight a pattern of alleged safety failures.
Smart Money Is Betting Big In RIO Options
Whales with a lot of money to spend have taken a noticeably bearish stance on Rio Tinto . Looking at options history for Rio Tinto (NYSE: RIO) we detected 17 trades. If we consider the specifics of e...
Indigenous group to take fight against Arizona copper mine to Supreme Court
A Native American group said on Tuesday it will take its fight against Rio Tinto's proposed Arizona copper mine to the U.S. Supreme Court, after a federal appeals court refused to reconsider whether t...
Rio Tinto IOC recognized with Towards Sustainable Mining (TSM) Environmental Excellence Award
SEPT-ILES, Quebec — Rio Tinto’s Iron Ore Company of Canada (IOC) has won the Towards Sustainable Mining (TSM) Environmental Excellence Award for its contributions to the Abandoned Site Rehabilitation ...
Rio Tinto IOC recognized with Towards Sustainable Mining (TSM) Environmental Excellence Award
SEPT-ILES, Quebec--(BUSINESS WIRE)--Rio Tinto's Iron Ore Company of Canada (IOC) has won the Towards Sustainable Mining (TSM) Environmental Excellence Award for its contributions to the Abandoned Site...
Rio Tinto: A Long-Term Dividend Play
Rio Tinto's long-term outlook is positive, with Capex towards low-carbon transition related demand. Read more to see why I am bullish on RIO stock.
Rio investigates latest iron ore train derailment
Rio Tinto’s driverless trains are under scrutiny after the third derailment in 11 months at iron ore operations in WA.
Rio Tinto should not compete with BHP for Anglo American – investor says
Rio Tinto Ltd (ASX: RIO) should not compete with BHP Group Ltd (ASX: BHP) to take over Anglo American plc (LON: AAL), says Daniel Sullivan. He's a portfolio manager at Janus Henderson Investors.