Rio Tinto Group (LON: RIO)
London
· Delayed Price · Currency is GBP · Price in GBp | Market Cap | 86.42B |
| Revenue (ttm) | 42.87B |
| Net Income (ttm) | 8.51B |
| Shares Out | 1.62B |
| EPS (ttm) | 5.21 |
| PE Ratio | 9.77 |
| Forward PE | 9.33 |
| Dividend | 3.57 (7.08%) |
| Ex-Dividend Date | Aug 15, 2024 |
| Volume | 2,679,771 |
| Average Volume | 2,473,064 |
| Open | 5,015.00 |
| Previous Close | 5,041.00 |
| Day's Range | 4,991.00 - 5,113.00 |
| 52-Week Range | 4,509.00 - 5,854.00 |
| Beta | 0.61 |
| RSI | 69.12 |
| 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]
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 StatementsNews
Why Glencore-Rio Tinto merger buzz could signal a new phase of mining sector consolidation
The mining industry is on edge after reports surfaced of potential merger discussions between Rio Tinto and Glencore, two of the sector's most prominent players. Bloomberg News reported that the compa...
Why merger mania is coming to the fore in the mining industry
A prospective merger between Rio Tinto and Glencore would rank as the mining industry's largest-ever deal.
Mining industry praises Albanese’s $2bn green aluminium pledge as Dutton labels it a ‘con job’
Federal government aims to encourage power-intensive producers to switch to renewables by 2036 Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily ne...
Iron ore could collapse 30pc as Rio Tinto floods market
The latest rally in iron ore prices is expected to be short-lived, with Westpac warning the commodity could collapse 30 per cent from current levels.
Rio Tinto welcomes Australian Government support for low-carbon aluminium
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto welcomes the Australian Government's announcement of an aluminium production credit to help sustain and grow aluminium smelting in Australia, and signi...
Potential Rio Tinto-Glencore combination considered poor fit, unlikely to happen
Financial analysts are skeptical of a potential merger between mining giants Rio Tinto and Glencore, citing cultural differences and strategic misalignment.
Rio Tinto and Glencore Spoke for Months About Deal That Was Once Taboo
When Glencore Plc proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in...
What next for Glencore after failed Rio Tinto merger talks?
Early discussions between the miners went nowhere but mega M&A deals are back in vogue
Rio Tinto to form new lithium unit after Arcadium acquisition - Reuters
Global Mining Outlook: Stability Emerges Despite Regional Challenges
Key developments in the basic materials sector show varying performance across companies and regions. Orla Mining reported disappointing Q4 gold production of 26,500 ounces, falling 15% below expectat...
Rio Tinto to form new lithium unit after Arcadium buy, memo says
Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium , according to an internal memo seen by Reuters...
Glencore (GLNCY) Stock Rises Amid Merger Talks with Rio Tinto
Glencore (GLNCY) Stock Rises Amid Merger Talks with Rio Tinto
Rio Tinto, Glencore Discuss Mining’s Biggest-Ever Potential Merger
Rio Tinto Group and Glencore Plc have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group.
Rio Tinto And Glencore Test Investor Support For A Merger
A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year's $50 billion attempt by BHP to acq...
Glencore and Rio Tinto's mining operations
Glencore approached Rio Tinto , late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.
Rio Tinto (RIO) Stock Dips Amid Merger Talks with Glencore
Rio Tinto (RIO) Stock Dips Amid Merger Talks with Glencore
Rio Tinto and Glencore held talks about combining their businesses
Aborted discussions highlight how mining executives are contemplating big deals amid the energy transition
$260b Rio Tinto, Glencore mega-deal would sideline Australia
Follow the money, and it’s hard to see how this mining merger would say much good about Australia’s future.
Rio Tinto And Glencore Weigh Historic Merger, Shaking Up Global Mining
Rio Tinto Plc (NYSE: RIO) and Glencore Plc (OTC: GLNCY) , ... Full story available on Benzinga.com
Rio Tinto, Glencore Discuss Potential Combination in Mining's Biggest-Ever Deal
Rio Tinto Group and Glencore Plc have been discussing combining their businesses, according to people familiar with the matter, in what could result in the mining industry’s largest-ever deal.
ASX 200 LIVE: Australia shares are poised to open higher
ASX holds on to gains from previous session as Wall Street slips. Rio Tinto, Glencore discuss potential combination. Follow updates here.
Massive mining sector shakeup: Bloomberg reports Rio Tinto and Glencore in preliminary deal talks
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Rio Tinto, Glencore discuss potential combination
Combining the two businesses would potentially create a behemoth to leapfrog longstanding mining industry leader BHP Group.
Rio Tinto and Glencore Discuss Potential Merger in Historic Mining Deal
Rio Tinto and Glencore Discuss Potential Merger in Historic Mining Deal
Rio Tinto, Glencore are said to discuss potential merger, Bloomberg News reports
Rio Tinto and Glencore Plc GLEN.L have been discussing combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter.