Rio Tinto Group (RIO)
| Market Cap | 102.92B |
| Revenue (ttm) | 53.66B |
| Net Income (ttm) | 11.55B |
| Shares Out | 1.62B |
| EPS (ttm) | 7.07 |
| PE Ratio | 8.91 |
| Forward PE | 10.00 |
| Dividend | $4.02 (6.74%) |
| Ex-Dividend Date | Mar 7, 2025 |
| Volume | 1,505,642 |
| Open | 60.08 |
| Previous Close | 59.70 |
| Day's Range | 59.41 - 60.08 |
| 52-Week Range | 51.67 - 74.24 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 73.00 (+22.55%) |
| Earnings Date | Feb 19, 2025 |
About RIO
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; and alumina refining, smelting, and recycling. 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 m... [Read more]
Financial Performance
In 2024, Rio Tinto Group's revenue was $53.66 billion, a decrease of -0.71% compared to the previous year's $54.04 billion. Earnings were $11.55 billion, an increase of 14.85%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for RIO stock is "Buy." The 12-month stock price forecast is $73.0, which is an increase of 22.55% from the latest price.
News
Palliser Capital Responds to Rio Tinto AGM Results, Reconfirming Its Commitment to Reduce Destruction of Shareholder Value
LONDON--(BUSINESS WIRE)--Palliser Capital highlights that their campaign for a transparent and independent review of the unification of Rio Tinto's archaic dual listed company (“DLC”) structure has se...
Rio Tinto Shareholders Reject Activist Bid for Review of London Listing
PERTH, Australia—Rio Tinto shareholders voted against an independent review of the miner's dual-listed structure, rejecting an activist investor's proposal aimed at getting the company to drop a decad...
Rio Tinto Vs. Vale: Inventory Doesn't Lie
Since my last analysis, new tariffs announced by President Trump have added additional – and large – uncertainties to mining stocks. I expect high tariffs to disrupt global trade flows, decrease deman...
Rio Tinto and AMG Metals & Materials to assess low-carbon aluminium project in India
LONDON--(BUSINESS WIRE)--Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have signed a Memorandum of Understanding (MOU) to jointly assess the feasibility of d...
Here are the stocks set to benefit from Trump's probe of critical mineral imports
CNBC's Pippa Stevens reports on U.S. imports of critical minerals.
Rio Tinto Expects 2025 Iron Ore Shipments at Low End of Guidance
Rio Tinto said iron ore shipments from its Australian mining operations are likely to be at the lower end of guidance following disruptions from four cyclones during the first quarter of the year.
Rio Tinto releases first quarter 2025 production results
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: “We continued to see strong operational improvement with the Oyu Tolgoi copper mine and our bauxite operations de...
Rio Tinto: Debt Before Dividend
Rio Tinto is diversifying from iron ore to copper and lithium to mitigate risks and capitalize on electrification, but this requires significant capital and increased debt. Iron ore's diminishing retu...
Mining Stocks Show Cracks Amid Worries Tariffs Could Impact Metals Demand
Mining stocks tumbled Friday amid worries the Trump administration's sweeping tariffs could impact demand for raw materials.
Rio Tinto increases Australian supplier spend to A$17.7 billion
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto strengthened its spend with Australian businesses to over A$17.7 billion in 2024, supporting both national and local suppliers. This is an increase of ...
Construction begins on Rio Tinto's first Western Australian-made iron ore rail cars
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto's first locally made iron ore rail car has been built in Western Australia, as it steps up its use of domestic manufacturing across its world class iron or...
Rio Tinto Braces for Investor Vote on Review of London Listing
Thursday's vote in London at Rio Tinto's annual shareholder meeting will test support for a change that has been championed by activist investor Palliser Capital.
Rio Tinto: Underappreciated Copper Growth
Rio Tinto has a supportive copper growth ahead, excluding M&A. China's economic activity started in 2025 with solid momentum. This will provide solid results on the iron ore EBITDA. A solid balance sh...
70 Graham All-Star Value (GASV) March Dividends Show 19 "Safer" Bearing 13 Ideal Dividend Dogs
The Large Cap Value and Ben Graham Formula strategies identify undervalued, stable stocks with strong fundamentals and low valuations, ideal for long-term investment. Analysts project significant gain...
Rio Tinto releases details of $8.4 billion of taxes and royalties paid in 2024
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has published its 2024 Taxes and Royalties Paid Report, which details $8.4 billion of taxes and royalties paid globally during the year (2023: $8.5 bil...
On the Front Line of Trump's Trade War: Rio Tinto's New Smelter
Rio Tinto's bet to build the first big Western aluminum smelter in more than a decade in Québec's Saguenay-Lac-Saint-Jean region was somewhat of a gamble, even before Trump's latest 25% tariff took ef...
Palliser Capital Urges Fellow Shareholders to Vote FOR Resolution Demanding a Fully Transparent and Independent Review of Rio Tinto's Value Destructive Dual Listed Company Structure
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today published a letter to shareholders of Rio Tinto (the “Company”) calling for them to vote in favor of the long-overdue full and proper inves...
Rio Tinto Has ‘Strong Desire' to Invest More in U.S., Copper Chief Says
The world's second-biggest miner by market value wants to increase its investment in the U.S. after President Trump signed an executive order to streamline permitting processes and boost government fi...
ISS Joins Glass Lewis in Recommending Shareholders Vote FOR Palliser's Proposal at Rio Tinto's AGM
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today welcomed the endorsement of leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) of its resolution at the Ann...
Rio Tinto Board Recommends Investors Vote Against Call for Dual-Listing Review
The Anglo-Australian mining giant unanimously recommended that shareholders vote against a resolution by an activist investor calling for an independent review of its dual-listed structure.
Glass Lewis Endorses Palliser's Proposal for Review of Rio Tinto's DLC Structure
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today welcomed Glass Lewis' endorsement of its resolution at the Annual General Meeting (AGM) for Rio Tinto Plc (LSE:RIO) on April 3, 2025. Palli...
Workers sign petition for collective bargaining at Rio Tinto's Pilbara mine
Australia's Western Mine Workers Alliance (WMWA) said on Thursday that more than 400 workers at Rio Tinto's Paraburdoo iron ore mine in Pilbara region have signed a petition to support collective barg...
Rio Tinto and Edify Energy sign landmark solar and battery agreement for Rio Tinto's Gladstone operations
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto and Edify Energy have signed two new solar and battery hybrid services agreements (HSAs) to increase the supply of reliable, competitively priced elect...
JPMorgan scoops over 5% stake in mining major Rio Tinto
JPMorgan Chase has taken a 5.36% stake in Australia's mining conglomerate Rio Tinto , an exchange filing to the local bourse showed on Thursday.
Rio Tinto Has A Nice Blend Of Commodities At A Reasonable Price
Rio Tinto's diversified portfolio, including its recent lithium acquisition, aims to reduce reliance on iron ore amid fluctuating Chinese demand and market dynamics. Despite low valuation metrics, Rio...