Rio Tinto Group (ASX: RIO)

Australia flag Australia · Delayed Price · Currency is AUD
116.74
-0.66 (-0.56%)
Dec 20, 2024, 4:10 PM AEST
-13.04%
Market Cap 160.79B
Revenue (ttm) 81.20B
Net Income (ttm) 16.11B
Shares Out n/a
EPS (ttm) 9.87
PE Ratio 9.98
Forward PE n/a
Dividend 6.54 (5.61%)
Ex-Dividend Date Aug 15, 2024
Volume 2,201,999
Open 116.20
Previous Close 117.40
Day's Range 116.02 - 117.30
52-Week Range 105.11 - 136.82
Beta 0.59
Analysts n/a
Price Target n/a
Earnings Date Feb 21, 2025

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]

Sector Materials
Founded 1873
Employees 57,000
Stock Exchange Australian Securities Exchange
Ticker Symbol RIO
Full Company Profile

Financial Performance

In 2023, Rio Tinto Group'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 Statements

News

Activist Palliser Pushes Rio Tinto to Review Its Dual Listing

Palliser Capital UK Ltd has sought to put more pressure on Rio Tinto Group to unify its dual listing by submitting a resolution to conduct a review into the structure at its annual shareholder meeting...

2 days ago - BNN Bloomberg

Palliser Capital Pushes for Rio Tinto (RIO) Corporate Structure Overhaul

Palliser Capital Pushes for Rio Tinto (RIO) Corporate Structure Overhaul

2 days ago - GuruFocus

Activist Investor Widens Call for Review of Rio Tinto's Dual-Listing

Palliser Capital doubled down on its call for a review of Rio Tinto's dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

2 days ago - WSJ

Activist Investor Widens Call for Review of Rio Tinto's Dual-Listing

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

2 days ago - The Wall Street Journal

Activist Palliser seeks to force Rio Tinto into reviewing London listing

Investor cites ‘irrefutable’ case to abandon miner’s dual-listed structure

2 days ago - Financial Times

Rio Tinto appoints new Chief People Officer

LONDON--(BUSINESS WIRE)--Rio Tinto has appointed Georgie Bezette as its new Chief People Officer, succeeding James Martin, who will retire at the end of this year. Georgie, who joined the organisation...

2 days ago - Business Wire

Mining rivals join forces on green iron project

BHP, Rio Tinto and BlueScope have all agreed to develop Australia’s largest iron-making electric smelting furnace, the NeoSmelt pilot facility, in Western Australia.

4 days ago - The Australian Financial Review

BHP, Rio Tinto join BlueScope to build Australia's largest electric iron-making furnace

BHP, Rio Tinto, and BlueScope Steel to build Australia's largest electric ironmaking furnace using hydrogen technology, aiming for near-zero emissions.

4 days ago - Seeking Alpha

Rio and BHP Take Next Step in Building ‘Green’ Iron-Making Plant

The world’s top miners BHP Group and Rio Tinto Group will join BlueScope Steel Ltd. to build Australia’s largest electric iron-making furnace, a move they say may speed the decarbonization of steel pr...

4 days ago - BNN Bloomberg

BlueScope, BHP and Rio Tinto select WA for Australia's largest ironmaking electric smelting furnace pilot plant study

PERTH, Australia--(BUSINESS WIRE)--Australia's two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia's ...

4 days ago - Business Wire

Investors sue US lithium miner over Rio Tinto’s $6.7b takeover

Three shareholders in Rio Tinto’s $6.7 billion takeover target Arcadium Lithium are suing the US company ahead of the transaction meeting next week.

5 days ago - The Australian Financial Review

Rio Tinto Eyes Gallium Plant in Canada After China Metals Curb

Rio Tinto Group is looking at ways to produce gallium in Canada after China moved to ban US-bound exports of the rare metal used to make semiconductors, smart phones and electric vehicles.

8 days ago - BNN Bloomberg

Rio Tinto progresses the development of a gallium extraction process in Quebec

SAGUENAY, Canada--(BUSINESS WIRE)--As part of a research and development program, Rio Tinto is assessing the potential for extracting and valorising gallium, a critical and strategic mineral already p...

8 days ago - Business Wire

Rio Tinto’s $2.5 Billion Lithium Plan Is a Win for Milei

Rio Tinto Group plans to invest $2.5 billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment.

8 days ago - Financial Post

Rio Tinto chief pledges response after harassment class action

The head of global mining group Rio Tinto , pledged to act if wrongdoing was discovered following the filing of sexual harassment lawsuits against the company.

9 days ago - Reuters

Rio Tinto to invest $2.5bn in latest commitment to lithium

Mining major is betting on metal’s future because of its key role in electric vehicle batteries despite global glut

9 days ago - Financial Times

Rio Tinto to invest $2.5B to expand Rincon lithium project in Argentina

Just_Super Rio Tinto (NYSE:RIO) has announced plans to invest $2.5B to expand its Rincon lithium project in Argentina.The investment will boost the...

9 days ago - Seeking Alpha

Rio Tinto to invest $2.5 billion to expand Rincon lithium project capacity to 60,000 tonnes per year

LONDON--(BUSINESS WIRE)--Rio Tinto has approved $2.5 billion1 to expand the Rincon project in Argentina, the company's first commercial scale lithium operation, demonstrating its commitment to buildin...

9 days ago - Business Wire

MARKET REPORT: Miners rally as China vows to boost economy

Rio Tinto rose 3.8%, Anglo American advanced 2.7%, Glencore gained 4.5% and Antofagasta rose 4.9% on hopes of higher Chinese demand for raw materials.

11 days ago - This is Money

China’s surprise pledge sends $A, mining stocks soaring

BHP and Rio Tinto rallied with commodity prices after Beijing signalled bolder support for the world’s second-largest economy next year.

12 days ago - The Australian Financial Review

Rio Tinto says carbon price pain justifies action on emissions

Carbon pricing schemes in Australia and Quebec mean almost half of Rio’s emissions are subject to penalty and would soon cost $940 million per year if not tackled.

12 days ago - The Australian Financial Review

Rio Tinto's Bougainville mine poses ongoing threats: Report

A long-abandoned Papua New Guinea mine once operated by Anglo-Australian mining giant Rio Tinto poses environmental and safety concerns for nearby communities, who live under the threat of landslides,...

14 days ago - The Times of India

Uranium Energy Corp Acquires Rio Tinto's Wyoming Assets for $175.4 Million

Uranium Energy Corp Acquires Rio Tinto's Wyoming Assets for $175.4 Million

15 days ago - GuruFocus