Rio Tinto Group (RIO)
| Market Cap | 103.77B |
| Revenue (ttm) | 53.66B |
| Net Income (ttm) | 11.55B |
| Shares Out | 1.62B |
| EPS (ttm) | 7.07 |
| PE Ratio | 8.60 |
| Forward PE | 9.84 |
| Dividend | $4.02 (6.61%) |
| Ex-Dividend Date | Mar 7, 2025 |
| Volume | 4,487,468 |
| Open | 61.07 |
| Previous Close | 61.58 |
| Day's Range | 60.59 - 61.17 |
| 52-Week Range | 51.67 - 72.08 |
| Beta | 0.69 |
| Analysts | Buy |
| Price Target | 73.00 (+20.09%) |
| 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 20.09% from the latest price.
News
Chile's ENAMI says lithium venture with Rio Tinto to start production in 2032
Chile's state-run mining firm ENAMI aims for its new Rio Tinto lithium partnership at Altoandinos to begin production in 2032 with 35,000 metric tons of the battery metal per year, and ramp up over th...
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Valuing Rio Tinto Stock In 2025
Rio Tinto (NYSE: RIO) has made important strategic decisions aimed at diversifying into critical minerals necessary for the energy transition, including lithium and bauxite. Rio Tinto operates as a ve...
Man Overboard. Rio Tinto Loses Its 4th CEO In 12 Years
Did Jakob Stausholm jump or was he pushed out of the top job at the world's second biggest mining company, the London-based but Australian focused Rio Tinto?
Rio Tinto wins second major Chile lithium project at Altoandinos
Chile's state-run mining body ENAMI has tapped Rio Tinto , for a 51% share of the Altoandinos lithium project, it said on Thursday, giving the global miner its second major venture in Chile for extrac...
Rio Tinto confirmed as preferred partner on world-class Salares Altoandinos lithium project
LONDON--(BUSINESS WIRE)--Rio Tinto has today been confirmed as the preferred partner for the Salares Altoandinos lithium project in the Atacama region of Chile by Empresa Nacional de Minería (ENAMI), ...
Rio Tinto CEO to Step Down Later This Year
Rio Tinto (RIO) announced Thursday that CEO Jakob Stausholm would be stepping down later this year after leading the mining and minerals provider since January 2021.
Rio Tinto CEO Jakob Stausholm to Step Down
The world's second-biggest miner by market value said Thursday that Stausholm would continue to lead the company while the process to replace him continues.
Rio Tinto announces Chief Executive succession plan
LONDON--(BUSINESS WIRE)--Rio Tinto today announced that Chief Executive Jakob Stausholm will step down from the Group later this year, at the conclusion of a succession process. Jakob joined Rio Tinto...
Rio Tinto to start early works and final studies to increase Amrun mine's bauxite production on Queensland's Cape York Peninsula
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto will begin early works and conduct final engineering studies to increase production capacity at the Amrun bauxite mine on Cape York Peninsula in Far No...
LIT: Rio Tinto And Codelco Partnership Is A Strong Signal For Lithium
Rio Tinto and Codelco formed a joint venture to develop a high-grade lithium project in Chile's Salar de Maricunga, strengthening RIO's lithium exposure. The $900 million investment comes as lithium p...
Rio Tinto's Chile deal is a bet on unproven tech and lithium price bounce
Global miner Rio Tinto , will tackle one of the biggest technological challenges in the lithium industry as it takes the lead in Chile's first major project involving the battery metal in years, along...
Mining giants Codelco, Rio Tinto to develop major Chile lithium project
Chile's Codelco will partner with global mining giant Rio Tinto for its new Maricunga lithium project, the state miner said on Monday, bringing a major new player into the sector in the world's second...
Rio Tinto partners with Codelco to develop lithium project in Chile's Salar de Maricunga
SANTIAGO, Chile--(BUSINESS WIRE)--Rio Tinto and Corporación Nacional Del Cobre de Chile ("Codelco") have signed binding agreements to form a joint venture to develop and operate a high-grade lithium p...
Rio Tinto's Hidden Catalysts For Long-Term Growth
Rio Tinto offers a compelling 7.2% dividend yield and a strong balance sheet, supporting its appeal to income-focused investors. Despite short-term headwinds in iron ore and Chinese demand, growth pro...
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Inside Rio Tinto's Kennecott copper mine: The largest open pit mine in the world
As the White House calls to increase domestic mining, CNBC's Pippa Stevens goes inside one key copper mine in the U.S.
Rio Tinto invests to modernise century-old hydroelectric power plant in Quebec
ALMA, Canada--(BUSINESS WIRE)--Rio Tinto is investing US$1.2 billion (CA$1.7 billion) to modernise its Isle-Maligne hydroelectric power plant, commissioned in 1926 in Alma, Quebec. This is Rio Tinto's...
Securing U.S. copper supply: Rio Tinto's Kennecott copper mine
CNBC's Pippa Stevens joins 'Squawk on the Street' with an inside look at one of the largest copper mines in the U.S.
Rio Tinto and Sumitomo Metal Mining sign Definitive Agreement for Winu Project joint venture
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto and Sumitomo Metal Mining Co (SMM) have signed the final joint venture agreements to deliver the Winu copper-gold project, located in the Great Sandy Deser...
These 2 stocks could benefit after the US lifts tariffs on UK steel and aluminum
UK steel and aluminum stocks are in focus this evening after the Trump administration removed tariffs from both metals as part of a broader trade deal it signed with its greatest ally on Thursday.
NEWS RELEASE: Indium Corporation and Rio Tinto Announce Groundbreaking Milestone in Gallium Extraction Partnership
Clinton, New York, May 07, 2025 (GLOBE NEWSWIRE) -- Indium Corporation and Rio Tinto Announce Groundbreaking Milestone in Gallium Extraction Partnership
Rio Tinto extracts first gallium from its alumina refining process with partner Indium Corporation
SAGUENAY, Canada--(BUSINESS WIRE)--Rio Tinto and its new partner Indium Corporation have successfully extracted the first primary gallium as part of a research and development project, which ultimatel...
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...