Rio Tinto Group (LON: RIO)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 83.56B |
| Revenue (ttm) | 42.43B |
| Net Income (ttm) | 7.90B |
| Shares Out | 1.62B |
| EPS (ttm) | 4.84 |
| PE Ratio | 10.28 |
| Forward PE | 8.69 |
| Dividend | 3.41 (6.86%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 1,837,809 |
| Open | 5,041.00 |
| Previous Close | 4,975.50 |
| Day's Range | n/a |
| 52-Week Range | 4,509.50 - 5,910.00 |
| Beta | 0.64 |
| Analysts | n/a |
| Price Target | n/a |
| 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
Rio Tinto: Lowering Our Estimates, With Still A Positive View
HSBC upgrades Rio Tinto to Buy from Hold, sees enhanced cash flow on growing volumes
Rio Tinto class action over Bougainville mine damage set for October hearing
The first hearing date has been set in a class action against miner Rio Tinto for historical environmental and social damage caused by the Bougainville copper mine in Papua New Guinea that it operated...
Rio Tinto: Underwhelming Trends And Forecasts (Rating Downgrade)
Rio Tinto's share price is struggling due to weak iron ore prices and uncertain prospects, making it a choice for long-term dividend investors. Read more here.
Rio Tinto IOC donates CAN$200,000 to support the people and communities of Labrador West
LABRADOR CITY, Newfoundland and Labrador--(BUSINESS WIRE)--Rio Tinto's Iron Ore Company of Canada (IOC) has donated CAN$125,000 to the Canadian Red Cross to support relief efforts following the recent...
Rio Tinto ships 4 billion tonnes of iron ore to China
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto today celebrates the shipment of 4 billion tonnes of iron ore from the Pilbara in Western Australia to China. The shipment was loaded at Dampier Port on 19...
Mercedes-Benz, Stellantis Consider Major Investment In Serbian Lithium Project
Mercedes-Benz Group AG (OTC: MBGYY) and Stellantis NV (NYSE: STLA) are in talks with the Serbian government to invest in lithium-processing and electric vehicle (EV) battery production . Both compan...
Rio Tinto's Multi-Billion-Dollar Lithium Mine Back on Track in Serbia
Serbias government has reinstated a spatial plan for a multibillion-dollar lithium mine and processing plant, days after the Balkan state's Constitutional Court said a previous government acted improp...
Rio Tinto appoints National Grid's Katie Jackson to lead copper business
Rio Tinto (RIO) appoints Katie Jackson as the new Copper chief executive. She will join on Sept. 1 and be based in London. Read more here.
Major M&A deals are 'the only way' for mining companies like BHP and Rio Tinto to grow, says analyst
Hayden Bairstow, executive director and head of research at Argonaut, says volume growth for both companies is still "fairly muted."
Rio Tinto appoints new Copper Chief Executive
LONDON--(BUSINESS WIRE)--Rio Tinto has appointed Katie Jackson to lead its Copper business, succeeding Bold Baatar, who as previously announced, will become Chief Commercial Officer later this year. K...
Major M&A deals are 'the only way' for mining companies like BHP and Rio Tinto to grow, says analyst
Hayden Bairstow, executive director and head of research at Argonaut, says volume growth for both companies is still "fairly muted."
Why Rio Tinto Shares Are Diving Today?
Rio Tinto Group (NYSE: RIO) shares are trading lower today after the company disclosed second -quarter production results. The company reported production of 79.5 million tonnes (67.5 million tonnes ...
Rio Tinto slips as iron ore shipments miss estimates due to train derailment
Rio Tinto (RIO) reports lower than expected Q2 iron ore shipments due to production impacts from a train derailment.
Rio Tinto Reports Strong First Half With Major Gains In Iron Ore, Bauxite, Copper, Lithium Production
A global mining leader, Rio Tinto (NYSE: RIO), reviewed the first half of the year and evaluated progress across key projects such as Simandou in Guinea, Oyu Tolgoi in Mongolia, and Jadar in Serbia ....
Rio Tinto welcomes Serbia's reinstatement of Jadar lithium project licence
Mining group Rio Tinto , welcomed on Tuesday a Serbian government statement that it would reinstate a spatial plan licence for its Jadar project, a first step towards resuming development of Europe's ...
Rio Tinto reports 3% sequential rise in Q2 iron ore shipments, updates on Simandou project
Rio Tinto's African iron ore project receives all necessary approvals
Rio Tinto , said on Tuesday its massive African iron ore project in Guinea that it is jointly developing with a Chinese consortium has received all the regulatory approvals, including those from the l...
Rio Tinto Gets Simandou Approvals
Rio Tinto said it has the approvals needed for a huge iron-ore mine it is building in Africa, and reported a rise in second-quarter shipments of the steel ingredient.
Rio Tinto’s Iron Ore Output Rises, Copper Production Jumps
Rio Tinto Group said second-quarter shipments of iron ore from in Western Australia rose modestly even as Chinese demand softened, while the company’s copper output jumped by almost a fifth.
Rio Tinto's second-quarter iron ore shipments miss after May train derailment
Global mining giant Rio Tinto , RIO.L on Tuesday posted second-quarter iron ore shipments below analyst estimates, reflecting impacts to production from a train derailment in mid-May.
Rio Tinto’s $34.3b African iron ore project gets green light
Soft iron ore exports from Western Australia were overshadowed by final approvals for the Simandou iron ore project in Africa.
Rio Tinto Iron Ore Shipments Rise Despite China Demand Softening
Rio Tinto Group said second-quarter shipments of iron ore from its operations in Western Australia rose 2% from a year earlier.
Rio Tinto releases second quarter production results
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: “Our operational performance continues to progress. While there are still significant improvements ahead, we are ...
ASX 200 LIVE: ASX to slip, Rio Tinto poised to detail quarterly production
Australian shares are set to edge lower. The Dow closes at a record high. Bitcoin bounces. Rio poised to detail quarterly output. Follow updates here.