Rio Tinto Group (ASX:RIO)

Australia flag Australia · Delayed Price · Currency is AUD
123.49
+3.40 (2.83%)
Feb 21, 2025, 4:10 PM AEST
-3.55%
Market Cap 172.04B
Revenue (ttm) 86.71B
Net Income (ttm) 18.67B
Shares Out n/a
EPS (ttm) 11.43
PE Ratio 9.22
Forward PE n/a
Dividend 6.54 (5.45%)
Ex-Dividend Date Mar 6, 2025
Volume 2,628,615
Average Volume 1,175,736
Open 121.79
Previous Close 120.09
Day's Range 121.48 - 124.54
52-Week Range 105.11 - 136.82
Beta 0.60
RSI 62.20
Earnings Date Feb 19, 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 2024, Rio Tinto Group's revenue was $53.66 billion, a decrease of -0.71% compared to the previous year's $54.04 billion. Earnings were $11.55 billion, an increase of 14.85%.

Financial numbers in USD Financial Statements

News

Glencore, Rio Tinto Ponder Leaving London Stock Exchange As European Financial Hub Loses Luster

Glencore (OTC: GLCNF) and Rio Tinto (NYSE: RIO), two leading mining companies, are discussing their listings with the London Stock Exchange, albeit for different reasons . Swiss-based Glencore is ex...

1 day ago - Benzinga

Rio Tinto sees steady earnings despite lower iron ore prices

Although Rio Tinto has been affected by lower iron ore demand from China, the world's second biggest miner managed to make robust progress on a number of projects in 2024.

2 days ago - Euronews

Rio Tinto Group (RIO) Q4 2024 Earnings Call Transcript

RIO earnings call for the period ending December 31, 2024.

2 days ago - The Motley Fool

Rio Tinto CEO Goes to Washington to Get Handle on Trump Tariffs

The chief executive officer of Rio Tinto Group took the unusual step of hosting the UK company’s earnings from Washington, as part of a whirlwind trip to understand what President Donald Trump intends...

2 days ago - Financial Post

Mitsui To Acquire A $5.3 Billion Stake In Major Australian Iron Ore Project

Mitsui & Co. (OTC: MITSY) has announced an acquisition of a 40% stake in the Rhodes Ridge iron-ore project in Australia. The Japanese conglomerate , in which Warren Buffett holds an 8% stake, will ac...

2 days ago - Benzinga

Rio Tinto follows big mining peers in posting profit slide

Rio Tinto Group became the latest mining major to post a slide in annual profit as the industry grapples with weaker demand from its top customer China.

2 days ago - BNN Bloomberg

Rio Tinto Board changes

LONDON--(BUSINESS WIRE)--Rio Tinto today announces a number of Board changes. Rio Tinto Chair Dominic Barton said: “As we reported last year, the size of the Board peaked at 14 Directors as we retaine...

2 days ago - Business Wire

Rio Tinto: Strong operating performance underpins financial results

LONDON--(BUSINESS WIRE)--Rio Tinto (LSE:RIO) (ASX:RIO): Resilient financials with underlying EBITDA of $23.3 billion, despite 11% lower iron ore price*. Higher net cash generated from operating activi...

2 days ago - Business Wire

Buy And Hold These Ten Cheap Lithium Juniors Ready For A Potential Lithium Recovery From 2026 Onwards

The lithium market has been in a severe bear market. Delays in major projects like Zijin Mining's 3Q Project could roughly balance the market from 2026 to 2028. Booming EV and BESS sales, if they cont...

2 days ago - Seeking Alpha

Mitsui to buy $5.3 billion stake in Rio Tinto iron ore project

Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated , Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its lo...

3 days ago - Reuters

Rio Tinto notes Mitsui has agreed to join Rhodes Ridge Joint Venture

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto's partners. Mitsui & Co. h...

3 days ago - Business Wire

Rio Tinto Vs. Vale: Both Mining Stocks Show Bullish Technical Signals Ahead Of Q4 Earnings

Two of the world's largest miners, Rio Tinto PLC RIO and Vale SA VALE, are set to report their fourth-quarter earnings on Wednesday.

3 days ago - Benzinga

Arcadium Lithium Receives All Required Regulatory Approvals Globally to Close Acquisition by Rio Tinto and Announces Court Hearing Date

PHILADELPHIA and PERTH, Australia , Feb. 13, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, has now received all req...

8 days ago - PRNewsWire

Canada should consider tax on aluminium exports to the US: premier

The Quebec premier said a tax on products made by Alcoa and Rio Tinto could create leverage in negotiations with President Donald Trump’s administration.

9 days ago - The Australian Financial Review

Arcadium Lithium gains after report of Canadian approval for Rio Tinto deal

Canada approves Arcadium Lithium's $6.7B sale to Rio Tinto. Awaiting Australia's decision. Deal expected to close mid-year.

10 days ago - Seeking Alpha

Rio Tinto donates A$750,000 to Queensland flood relief and recovery efforts

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has donated A$750,000 to support disaster relief efforts for those impacted by the widespread floods in North Queensland. The funds will support the wo...

10 days ago - Business Wire

Australia’s tariff exemption is likely, Rio Tinto director says

Jennifer Nason says she believes Donald Trump will eventually go easy on Australia’s steel and aluminium exports.

11 days ago - The Australian Financial Review

Rio Tinto US Borax donates $600,000 to support communities impacted by Los Angeles Wildfires

LOS ANGELES--(BUSINESS WIRE)--Rio Tinto's U.S. Borax has donated $600,000 to three organisations to support relief efforts for communities directly impacted by the recent wildfires in Los Angeles regi...

14 days ago - Business Wire

Rio Tinto Eyes EV Future

The shares of diversified mining giant Rio Tinto (NYSE: RIO) has gained 5% year to date, outperforming the S&P500 index which has grown 3% during the same period. Rio Tinto is making a significant pus...

15 days ago - Forbes

Serbian lithium mine European Parliament film screening fuels dispute

The European Union needs lithium for its energy transition and is eagerly eyeing huge reserves in northern Serbia, but twenty years after making the discovery in the Jadar valley, Rio Tinto’s ambition...

15 days ago - Euronews

Why Platypus got out of BHP but kept Rio Tinto

Portfolio manager Stephen Butel explains why he’s weary of the mining giant and names two ASX-stocks that are flying beneath the market’s radar.

16 days ago - The Australian Financial Review