Rio Tinto Group (LON: RIO)

London flag London · Delayed Price · Currency is GBP · Price in GBp
4,908.50
-13.00 (-0.26%)
Nov 21, 2024, 10:45 AM BST
-10.98%
Market Cap 83.69B
Revenue (ttm) 42.87B
Net Income (ttm) 8.51B
Shares Out 1.62B
EPS (ttm) 5.21
PE Ratio 9.45
Forward PE 9.16
Dividend 3.44 (6.99%)
Ex-Dividend Date Aug 15, 2024
Volume 293,131
Open 4,896.50
Previous Close 4,921.50
Day's Range 4,896.50 - 4,935.00
52-Week Range 4,509.00 - 5,910.00
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 London Stock 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

Trump picks Dr Oz to run Medicare; bullying reports increase at Rio Tinto; and the new word for cost-of-living rage

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Good afternoon. Donald Trump’s picks for his forthcoming sec...

1 day ago - The Guardian

Bullying increase at Rio Tinto linked to ‘retaliation’ against diversity programs as rape allegations also rise, report finds

Workers reported eight allegations of rape or attempted rape in past 12 months, according to progress review report, despite efforts to improve global workplace culture at mining giant Follow our Aust...

1 day ago - The Guardian

Rio Tinto employees report rise in bullying, sexual assault

Half of survey respondents also say mining giant's workplace culture has improved 'a lot' or 'a little'.

1 day ago - Al Jazeera

Rio Tinto Says Sexual Harassment, Racism Still Happening at Miner

The miner is finding it difficult to stamp out sexual harassment, racism, and bullying as it faces resistance and backlash from some workers to its efforts to overhaul the culture.

1 day ago - The Wall Street Journal

Rio Tinto Says Sexual Harassment, Racism Still Happening at Miner

The miner is finding it difficult to stamp out sexual harassment, racism, and bullying as it faces resistance and backlash from some workers to its efforts to overhaul the culture.

1 day ago - WSJ

Rio Tinto warns of backlash against workplace diversity push

A survey of more than 11,600 staff has revealed progress on improving the culture, but also unearthed a backlash against workplace diversity programs.

1 day ago - The Australian Financial Review

Rio Tinto review finds rape, pressure for sex persists at miner

Mining major Rio Tinto said cases of rape and sexual assault at the company persist, a report into the company's culture showed on Wednesday, two years after the industry faced an Australian state inq...

1 day ago - Reuters

Rio Tinto report shows increase in sexual assault

Anglo-Australian miner’s CEO ‘disturbed’ by findings but says rise partly reflects victims’ greater willingness to come forward

1 day ago - Financial Times

Rio Tinto releases findings of external Progress Review on workplace culture

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today published the findings of an independent, external Progress Review on its work to deliver sustained workplace cultural change across its global o...

1 day ago - Business Wire

Rio Tinto owns 98% of ERA after taking full entitlement in rights issue

Rio Tinto increases stake in Energy Resources of Australia to over 98% with full entitlement uptake, focusing on rehabilitation efforts at Ranger uranium mine.

1 day ago - Seeking Alpha

Rio Tinto takes up full entitlements in ERA rights issue, moving to over 98% ownership

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto notes the announcement today by Energy Resources of Australia Ltd (ERA) in relation to the conclusion of its entitlement offer and shortfall bookbuild,...

2 days ago - Business Wire

Rio Tinto faces $400m bill amid Pilbara native title water squeeze

The Yindjibarndi Aboriginal Corporation has asked officials to limit groundwater extraction, forcing big miners and gas developers to scramble for more supply.

2 days ago - The Australian Financial Review

Rio Tinto invests $16m in Makira Natural Park REDD+ Project in Madagascar

BAKU, Azerbaijan--(BUSINESS WIRE)--Rio Tinto has committed $16 million to the Makira Natural Park REDD+1 Project in northern Madagascar, through a new partnership with the Wildlife Conservation Societ...

6 days ago - Business Wire

Rio Tinto and GravitHy join forces to accelerate the decarbonisation of steelmaking in Europe

LONDON--(BUSINESS WIRE)--Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy's steel decarbonisation project in France. As pa...

6 days ago - Business Wire

In the pink: market soars for finest remaining Argyle diamonds

Prices for the rarest stones from Rio Tinto’s defunct Australian mine have long outperformed mainstream investments

6 days ago - Financial Times

Can Palantir Sustain Its 300X Valuation After Climbing 266% This Year?

Palantir Technologies Inc (NYSE: PLTR) has surged over 40% in the past month, 266% YTD, propelled by a series of high-profile partnerships with industry giants like Microsoft Corp , Amazon.com Inc (N...

6 days ago - Benzinga

Palantir, Amazon, Cisco, Intuitive Machines, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, major U.S. indices showed mixed results: the Dow Jones Industrial Average edged up 0.1% to close at 43,958.19, while the S&P 500 gained a slight 0.02% to end at 5,985.38. Meanwhile, the ...

7 days ago - Benzinga

Rio Tinto approves new solar plant to power Kennecott

SALT LAKE CITY, Utah--(BUSINESS WIRE)--Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine's total solar capacity to 30MW....

7 days ago - Business Wire

What's Going On With Palantir Stock After Renewing Collaboration With Rio Tinto?

Palantir Technologies Inc . (NYSE: PLTR) shares are trading relatively flat in the premarket session on Wednesday. The company announced today that it renewed its multi-year enterprise agreement with...

8 days ago - Benzinga

Lithium Royalty Corp. Reports Q3 2024 Results

Operational permit granted to Atlas Lithium's Das Neves project for which LRC holds a 3.0% GOR royalty, with production expected in 2025 Winsome Resources released scoping study, projecting a 17+ year...

9 days ago - Benzinga

BHP, Rio Tinto slide as latest China stimulus measures disappoint

Iron ore mining giants BHP and Rio Tinto see shares sink as China stimulus disappoints investors, impacting iron ore prices and futures.

9 days ago - Seeking Alpha

Unions ramp up attacks on mining sector amid calls to re-unionise Pilbara

One of Australia’s biggest unions has launched a broadside on mining giant Rio Tinto, accusing the company of “cowardice” and called on Pilbara workers to re-unionise the resources sector.

11 days ago - The Australian Financial Review

My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%

I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend inco...

13 days ago - Seeking Alpha