Rio Tinto Group (LON: RIO)

London flag London · Delayed Price · Currency is GBP · Price in GBX
5,219.00
-17.00 (-0.32%)
Jun 14, 2024, 4:35 PM GMT
-1.66%
Market Cap 88.81B
Revenue (ttm) 42.63B
Net Income (ttm) 7.93B
Shares Out 1.25B
EPS (ttm) 4.87
PE Ratio 10.78
Forward PE 8.88
Dividend 3.41 (0.07%)
Ex-Dividend Date Mar 7, 2024
Volume 1,545,413
Open 5,219.00
Previous Close 5,236.00
Day's Range n/a
52-Week Range 4,509.50 - 5,910.00
Beta 0.65
Analysts n/a
Price Target 58.07 (-98.89%)
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]

Sector Materials
Founded 1873
Country United Kingdom
Stock Exchange London Stock Exchange
Ticker Symbol RIO
Full Company Profile

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 Statements

News

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.

4 days ago - Reuters

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 ...

4 days ago - Business Wire

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.

8 days ago - The Australian Financial Review

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.

8 days ago - CBC News

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.

8 days ago - Seeking Alpha

Rio Tinto invests $8 million in Pilbara conservation land management

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto will invest A$8 million over five years in a partnership with Western Australia's Department of Biodiversity, Conservation and Attractions (DBCA) on a new ...

10 days ago - Business Wire

Coal Stocks Take A Breather As Trading Sentiment Sours In Commodities Markets: Was The Election In India A Factor?

Coal stocks have pulled back amid speculation about future leadership in India, a major importer, but the sell-off may have more to do with short-term trading sentiment rather than a shift in market f...

10 days ago - Benzinga

Rio Tinto to develop R&D facility to test low-carbon steelmaking process

Rio Tinto plans to invest $143M in a research facility to develop its BioIron low-carbon ironmaking process, which could reduce carbon emissions by up to...

10 days ago - Seeking Alpha

Rio Tinto Invests $143M in Low-Emission Steel Research And Development

Mining leader Rio Tinto (NYSE: RIO) has announced a $143 million (A$215 million) investment to establish a new research and development facility in Western Australia dedicated to low-emission steelma...

10 days ago - Benzinga

Rio Tinto to develop $143 mln facility to test low-carbon iron-making process

Rio Tinto , will spend $143 million to develop a research and development facility in Western Australia to assess the effectiveness of its low-carbon iron-making process, the mining giant said on Tues...

10 days ago - Reuters

Rio Tinto invests $215m on giant iron ore microwave

Microwaves aren’t just for reheating food in the kitchen, with Rio Tinto investing in a giant microwave south of Perth to fix the carbon footprint of iron ore.

11 days ago - The Australian Financial Review

Rio Tinto to develop BioIron™ R&D facility in Western Australia to test low-carbon steelmaking

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its l...

11 days ago - Business Wire

New Zealand's Biggest Energy User Commits to Long Term

Rio Tinto announced new 20-year power supply deals that will keep Tiwai Point aluminum smelter operational long term, giving the hungriest energy consumer in New Zealand a new lease on life.

15 days ago - The Wall Street Journal

Rio Tinto signs deal to become sole owner of New Zealand Aluminium Smelters

Rio Tinto said on Friday it entered an agreement buy Sumitomo Chemical Co's 20.64% stake in New Zealand Aluminium Smelters (NZAS) to get full control of the country's only aluminum smelter.

15 days ago - Reuters

Rio to Keep New Zealand Aluminum Smelter Open After Power Deals

Rio Tinto will keep its New Zealand aluminum smelter operating until at least 2044 after agreeing new electricity supply agreements.

15 days ago - Financial Post

Rio Tinto lays out plans to resurrect Yellowknife's Frame Lake

Rio Tinto will install an aerator in Yellowknife's Frame Lake next week in the hopes of introducing a fish habitat to the anoxic lake.

17 days ago - CBC News

Mining Rivals Join Forces: Rio Tinto & BHP Partner On Electric Truck Trials

Yesterday, Rio Tinto Group (NYSE: RIO) and BHP Group Limited (NYSE: BHP) announced their plan to collaborate to test large battery-electric haul truck technology in the Pilbara, Western Australia . ...

17 days ago - Benzinga

BHP, Rio Tinto to test battery-electric haul trucks in Pilbara

Mining giants BHP (BHP) and Rio Tinto (RIO) to collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to

17 days ago - Seeking Alpha

BHP and Rio Tinto collaborate on battery-electric haul truck trials in the Pilbara

PERTH, Australia, May 28, 2024 (GLOBE NEWSWIRE) -- In an industry first, BHP and Rio Tinto will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Austr...

18 days ago - GlobeNewsWire

Rio Tinto, BHP to collaborate on electric haul truck trials in Pilbara

Top Australian miners Rio Tinto and BHP Group will work together for testing large battery-operated electric haul truck technology in the Pilbara region of Western Australia, Rio Tinto said on Monday.

19 days ago - Reuters

Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara

PERTH, Australia--(BUSINESS WIRE)--In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to acceler...

19 days ago - Business Wire