Rio Tinto Group (LON: RIO)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 93.59B |
| Revenue (ttm) | 43.11B |
| Net Income (ttm) | 8.02B |
| Shares Out | 1.25B |
| EPS (ttm) | 4.92 |
| PE Ratio | 11.06 |
| Forward PE | 8.88 |
| Dividend | 3.41 (6.29%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 1,028,921 |
| Open | 5,421.00 |
| Previous Close | 5,472.00 |
| Day's Range | 5,412.57 - 5,472.00 |
| 52-Week Range | 4,509.50 - 5,910.00 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | 58.07 (-98.93%) |
| Earnings Date | Feb 21, 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
Element Resources Acreage Lease at Rio Tinto U.S. Borax California Operations
LANCASTER, Calif.--(BUSINESS WIRE)-- #greenenergy--Notice of surface lease agreement between Element Resources and Rio Tinto Borax Mine for the development of green hydrogen & off-grid solar power.
BHP could aim for Rio Tinto after Anglo American rejects takeover offer, analyst says
In the wake of Anglo American's rejection of BHP Group's takeover bid, John Meyer, partner at SP Angel, said that other interested buyers, like Chinese state-owned companies, could step in with a bett...
BHP may go after Rio Tinto after $AAL rejection
BHP Group Ltd may go after Rio Tinto Ltd now that Anglo American plc has rejected its takeover proposal, says John Meyer. He's a partner at SP Angel.
BHP could aim for Rio Tinto after Anglo American rejects takeover offer, analyst says
In the wake of Anglo American's rejection of BHP Group's takeover bid, John Meyer, partner at SP Angel, said that other interested buyers, like Chinese state-owned companies, could step in with a bett...
BHP Seeks to Break Mining’s M&A Curse with Thorny Anglo Deal
The last time BHP Group took a swing at another major miner, it was Rio Tinto Plc back in 2007. That could have been a blockbuster $150 billion takeover, but with metals prices crashing as the financi...
Australia’s richest firms get $331m in grants to reduce emissions
The government has doled out $331 million to firms including Rio Tinto, Wesfarmers, Swiss giant Glencore and Rich Lister Dick Honan’s Manildra for decarbonisation projects.
Midland Amends Its Lithium Option Agreement With Rio Tinto With the Addition of the Wookie Project
MONTREAL, April 23, 2024 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), is pleased to announce the execution of an amended option agreement on April 22, 2024 (the “Option Agreem...
Rio Tinto, Eramet and LG Energy seek to develop lithium extraction tech for Chile
Miners Rio Tinto and Eramet as well as battery maker LG Energy were among 30 companies that submitted proposals to develop lithium extraction technology for a Chilean salt flat in early stages of expl...
Rio Tinto, Saudi Arabia's Manara Emerge As Likely Bidders For First Quantum's Zambian Assets: Report
Rio Tinto (NYSE: RIO) and Saudi Arabia’s Manara Minerals Investment are reportedly interested in buying First Quantum Minerals ‘ (OTCPK: FQVLF) Zambian assets . What Happened : According to Bloomberg...
Rio Tinto donates $1.5 million to support the people and community of Grindavík in Iceland
LONDON--(BUSINESS WIRE)--Rio Tinto has donated US$1.5 million to the Icelandic Red Cross to support the people and community of Grindavík in Iceland, who have been impacted by months of volcanic erupt...
Rio Tinto, Saudi Arabia weighing stake in First Quantum's Zambia mines - Bloomberg
Potential suitors, including Rio Tinto and Saudi Arabia's Manara Minerals, are considering bids for a stake in First Quantum's Zambian copper mines as demand for copper rises.
Rio, Saudi Arabia Said to Vie for Stake in First Quantum Mines
Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals Ltd.’s Zambian copper mines, according to people...
FTSE 100 Live 17 April: UK Inflation, shares seen higher after big fall yesterday, Rio Tinto results
The FTSE 100 is set to open a little higher today, after the worst day in nine months yesterday.
Rio Tinto keeps full-year guidance even as Q1 iron ore shipments slide 10%
Rio Tinto reported a 10% decline in Q1 iron ore shipments from the previous quarter, but maintained full-year guidance. Read more here.
Rio Tinto Maintains Annual Guidance After First-Quarter Iron-Ore Shipments Fall 10%
Rio Tinto maintained its 2024 guidance after the Australian mining giant reported a 10% fall in first-quarter iron-ore shipments.
Rio Tinto releases first quarter production results
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: “We have been deeply affected by the loss of four Diavik colleagues and two airline crew members in a plane crash...
Rio Tinto Copper Boss Says Building Mines Is Better Than Buying
Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of mining d...
Rare Tasmanian Devil tooth found in Australian gorge
Archaeologists surveying the Juukan Gorge rock shelter in Western Australia that was destroyed by Rio Tinto in 2020 have unearthed major finds including the tooth of a Tasmanian Devil that has not bee...
‘Mind-blowing’ Tasmanian Devil tooth uncovered in WA’s Juukan Gorge
Local Aboriginal landowners had requested archaeological excavation of the area after it was destroyed by Rio Tinto blasting in May 2020.
Aluminum, nickel prices surge after fresh sanctions on Russian metals
Prices for aluminum and nickel soared in London on Monday, and Alcoa shares jumped, following the ban on fresh trading of Russian-origin metals by U.S. and U.K. authorities over the weekend.
Global mining investment too low to support energy transition, Rio Tinto chairman says
Low rates of investment in the global mining sector have put the global energy transition at risk, widening the supply gap in critical minerals like copper, Rio Tinto chairman Dominic Barton said on M...
Rio turns to Mars exploration tech in search for next big discovery
Rio Tinto has not disclosed a major mineral discovery since finding a copper-gold deposit in WA in late 2017, but is hoping to turn that around using technology from NASA.
Rio Tinto Unusual Options Activity For April 12
Investors with a lot of money to spend have taken a bullish stance on Rio Tinto (NYSE: RIO). And retail traders should know. We noticed this today when the positions showed up on publicly available o...
Here's why the Anglo American, Rio Tinto shares are soaring
Rio Tinto (LON: RIO) and Anglo American (LON: AAL) share prices continued doing well this week. Anglo American jumped to 2,220p on Friday, its highest point since December while Rio Tinto soared to 5,...
Rio Tinto’s increasing copper exposure will add colour to its stock
Miner’s future is not nearly as anaemic as it may seem