Rio Tinto Group (LON: RIO)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 87.34B |
| Revenue (ttm) | 42.60B |
| Net Income (ttm) | 7.93B |
| Shares Out | 1.25B |
| EPS (ttm) | 4.86 |
| PE Ratio | 10.67 |
| Forward PE | 8.88 |
| Dividend | 3.41 (0.07%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 1,645,710 |
| Open | 5,210.00 |
| Previous Close | 5,234.00 |
| Day's Range | n/a |
| 52-Week Range | 4,509.50 - 5,910.00 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | 58.07 (-98.88%) |
| Earnings Date | Jul 30, 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
Solar plant complete at N.W.T.'s Diavik Diamond Mine
Rio Tinto said 6,620 solar panels installed at the diamond mine are expected generate 4.2 million kilowatt-hours of electricity per year.
Rio Tinto Scrambles to Avoid Repeat Strike at Mongolian Mine: Report
Rio Tinto Group (NYSE: RIO) is reportedly in negotiations with workers at its Oyu Tolgoi copper operations in Mongolia to prevent further industrial action. The move follows a previous strike in May,...
Rio Tinto in talks to avert strike at Mongolian copper mine
Global miner Rio Tinto is negotiating with workers at its Oyu Tolgoi copper operations in Mongolia to avert further industrial action over a sharp drop in wages that triggered an earlier strike in May...
Serbia's green activists rally against Rio Tinto lithium project
Scores of people in western Serbia's town of Loznica rallied on Friday to protest the contested Rio Tinto lithium project in the Balkan country, fearing its development will damage the environment.
Rio Tinto to install carbon free aluminium smelting cells using first ELYSISTM technology licence
MONTRÉAL — Rio Tinto will install carbon free aluminium smelting cells at its Arvida smelter in Québec, Canada, using the first technology licence issued by the ELYSIS joint venture. This investment w...
Alcoa Announces Agreement on Industrial-Scale Demonstration of ELYSIS™ Carbon-Free Smelting Technology
PITTSBURGH — Alcoa Corporation (NYSE: AA) today announced further progress on ELYSIS technology with Rio Tinto’s plans to launch the first industrial-scale demonstration of the breakthrough technology...
Rio Tinto to install carbon free aluminium smelting cells using first ELYSISTM technology licence
MONTRÉAL--(BUSINESS WIRE)--Rio Tinto will install carbon free aluminium smelting cells at its Arvida smelter in Québec, Canada, using the first technology licence issued by the ELYSIS joint venture. T...
Calls of the Day: Rio Tinto, AT&T, Coca-Cola & Disney
The Investment Committee breaks down the latest Calls of the Day.
Calls of the Day: Rio Tinto, AT&T, Coca-Cola & Disney
The Investment Committee breaks down the latest Calls of the Day.
Global Boron Market Forecast Report, 2030: A Projected $2.8 Billion Opportunity Dominated by Eti Maden, Rio Tinto, and Rose Mill Co.
Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "Boron Market Trends: Trends, Opportunities and Competitive Analysis [2024-2030]" report has been added to ResearchAndMarkets.com's offering. The future o...
Rio Tinto puts biofuels before batteries in carbon credit push
The miner reckons farmers should be eligible to earn carbon credits for growing crops that can be turned into carbon-neutral biofuels.
Rio Tinto punts on British start-up to plug renewables gap
The mining giant joined a $575m investment round for Highview Power, which says its storage technology can firm renewable power in a way that batteries can’t.
Rio Tinto: Attractive Dividend Play, If You Accept Certain Short-Term Risks
Rio Tinto is among the most attractive high dividend plays in the basic materials sector with a current yield of 6.6%. Find out more on RIO stock here.
Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon
Snowline Gold Corp . (OTC: SNWGF) published a highly anticipated initial assessment for its Valley deposit within the Rogue project in Yukon Territory, Canada. This result presents a significant mile...
Rio Tinto Continues To Support The Energy Transition
Rio Tinto Group, a resilient mining corporation with a market cap over $100 billion, focuses on strong financial performance and dividends. Click for my RIO update.
Serbia set to OK Rio Tinto's halted lithium project; would boost Europe's EV industry
Rio Tinto set to resume Jadar lithium project in Serbia after two-year hiatus due to environmental protests, Serbian President Aleksandar Vucic told the Financial Times in an interview.
Despite protests, Serbia readies to mine lithium as early as 2028
President Aleksandar Vučić said Serbia could exploit lithium as early as 2028 following new guarantees from Australian mining giant Rio Tinto and the EU over the controversial project, the Financial T...
Serbia set to give green light to Rio Tinto lithium mine
Exploitation of one of the world’s largest deposits of the metal would boost Europe’s electric vehicle industry
Rio Tinto raises majority stake in Australian aluminum smelter JV
Australia's Rio Tinto to buy Mitsubishi's nearly 12% stake in Boyne Smelters
Rio Tinto will acquire Mitsubishi Corp's 11.65% stake in Boyne Smelters for an undisclosed sum, the Australian mining giant said on Tuesday.
Rio Tinto to acquire Mitsubishi's 11.65% stake in Boyne aluminium smelter
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has agreed to acquire Mitsubishi Corporation's 11.65% interest in Boyne Smelters Ltd (BSL), which owns and operates the Boyne Island aluminium smelter ...
Rio Tinto Vs. BHP: Only One High-Yield Miner Is A Buy
How the land rights game changed with Juukan Gorge
Since the destruction of Juukan Gorge by Rio Tinto in 2020, there is a higher bar for native title agreements and increased approval times.
Long-awaited aerator installed in Yellowknife's Frame Lake
Rio Tinto have officially installed an aerator in Yellowknife's Frame Lake, with the hopes of one day introducing a fish habitat.
Rio Tinto may seek to resume South Africa project stopped by violence
Rio Tinto (NYSE:RIO) said it will seek approvals next year for its Richards Bay Minerals unit in South Africa to resume expansion plans. Read more here.