Rio Tinto PLC (RIO)
| Market Cap | 140.24B |
| Revenue (ttm) | 44.61B |
| Net Income (ttm) | 9.77B |
| Shares Out | 1.62B |
| EPS (ttm) | 6.00 |
| PE Ratio | 14.85 |
| Forward PE | 5.73 |
| Dividend | $4.66 |
| Dividend Yield | 5.23% |
| Trading Day | July 29 |
| Last Price | $89.10 |
| Previous Close | $86.62 |
| Change ($) | 2.48 |
| Change (%) | 2.86% |
| Day's Open | 88.60 |
| Day's Range | 88.21 - 89.49 |
| Day's Volume | 1,703,912 |
| 52-Week Range | 53.51 - 95.97 |
(Kitco News) - Rio Tinto shares trade marginally higher this morning following a record-breaking half-year performance report. Iron ore was Rio's main driver of profits, accounting for almost 85 per cen...
LONDON--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said “Government stimulus in response to ongoing COVID-19 pressures has driven strong demand for our products at a time of constrained ...
(Kitco News) - Some non-governmental organization have lined up against the project on environmental grounds. Balkan Green Energy news reports that 124,000 people have signed a petition opposing the pro...
(Kitco News) - Rio Tinto said that production will be reduced to around 35 per cent of the smelter's 432,000 tonne annual capacity.
(Kitco News) - This project, which uses solar and wind energy, will significantly contribute towards Rio Tinto's operations in Madagascar achieving its carbon neutral objective by 2023.
FORT DAUPHIN, Madagascar--(BUSINESS WIRE)--Rio Tinto has signed a power purchasing agreement for a new renewable energy plant to power the operations of its QMM ilmenite mine in Fort Dauphin, Southern M...
Canadian union Unifor said on Sunday about 900 workers had started strike action at global miner Rio Tinto's operations in the western Canadian province of British Columbia.
(Kitco News) - Rio Tinto announced Thursday that it has approved a $108 million investment in underground development to enable early orebody access and undertake orebody characterisation studies for un...
LONDON--(BUSINESS WIRE)--Rio Tinto progresses studies for potential underground mining at Kennecott copper
Canadian union Unifor said on Wednesday miner Rio Tinto has been served with a 72-hour strike notice after nearly seven weeks of unproductive negotiations over proposed changes to workers' retirement in...
Three decades after leaving Bougainville as the island descended into civil war, the mining giant will assess impact of its former mine
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto and Bougainville community members, represented by the Human Rights Law Centre, have reached an agreement to identify and assess legacy impacts of the fo...
Rio Tinto plc (RIO) iron production and shipments in the first half of 2021 are both lower than the prior year and mark the company's weakest performance since 2015.
(Kitco News) - Rio Tinto (RIO:LSE) has stated its production guidance will be at the lower end of its guided range after COVID-19 related issues slowed down its projected output levels from key projects...
MELBOURNE (Reuters) -Rio Tinto reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations, but is expected to report bumper results this month on ...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm, said: “The global economy, in particular China, recovered strongly and we are intensely focused on servicing our custome...
I have been really enjoying Margaret Moran's "Behind the Numbers"series, especially liked her recent article on Greenblatt's Earnings Yield and Return on Capital. Joel Greenblatt (Trades, Portfolio) is ...
Rio Tinto stock has dropped more than 5% in the last one month and is now trading at little less than $84 per share. The decline was driven by overall weakness in commodity prices during this period.
MELBOURNE--(BUSINESS WIRE)--Rio Tinto has appointed Isabelle Deschamps to succeed Barbara Levi as Chief Legal Officer & External Affairs. Isabelle, who is currently General Counsel of AkzoNobel and a me...
(Kitco News) - Rio Tinto said that an escalation in the security situation has led to the decision to cease operations until the safety and security position improves.
LONDON--(BUSINESS WIRE)--Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals (RBM) in South Africa due to an escalation in the security situation at the operations. This ...
Metal and mining stocks that are best positioned to benefit from a sustained rally in industrial commodities and precious metals. The post 4 Best Metal & Mining Stocks to Buy to Play the Commodities Ral...
Iron ore prices will be supported by strong demand for iron ore amid concerns of supply. Players like BHP, RIO and VALE are well-poised to gain on this rally.
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(Kitco News) - Rio Tinto, a leading global mining and metals company, and Schneider Electric, the leader in digital transformation of energy management and automation, announced today that the companies...
LONDON--(BUSINESS WIRE)--Rio Tinto, a leading global mining and metals company, and Schneider Electric, the leader in digital transformation of energy management and automation, have signed a memorandum...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
(Kitco News) - Rio Tinto announced today that the company will deploy the world's first fully autonomous water trucks at its $2.6 billion Gudai-Darri iron ore mine in Western Australia's Pilbara region.
Miners like BHP, RIO and VALE are resorting to automation to boost operation efficiency. In sync with this, RIO partners with CAT to implement the world's first fully autonomous water truck at mine.
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto will deploy the world's first fully autonomous water trucks at its $2.6 billion Gudai-Darri iron ore mine in Western Australia's Pilbara region. The new ...
Stocks are higher across the board at the midpoint of trading on Monday as investors are buying the massive Friday dip despite some hawkish commentary from St.
Copper prices will gain eventually on the strong demand emanating from the shift to green technologies. Stocks like BHP, RIO, FCX and SCCO are poised well to capitalize on this momentum.
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced...
(Kitco News) - Rio Tinto announced today that it has appointed Peter Cunningham as Chief Financial Officer with immediate effect. Peter, who has been Interim Chief Financial Officer since 1 January 2021...
(Kitco News) - Rio Tinto announced Thursday that it has started operations at a new commercial scale demonstration plant to produce high-quality scandium oxide at its Rio Tinto Fer et Titane (RTFT) meta...
MELBOURNE--(BUSINESS WIRE)--Rio Tinto has appointed Peter Cunningham as Chief Financial Officer with immediate effect. Peter, who has been Interim Chief Financial Officer since 1 January 2021, will also...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has partnered with the Australian Renewable Energy Agency (ARENA) to study whether hydrogen can replace natural gas in alumina refineries to reduce emiss...
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Rio Tinto Plc (LON:RIO) has appointed the Western Australian Government's former Treasurer and Aboriginal Affairs Minister, Ben Wyatt, as the company's new non-executive director. “With family links to ...
Rio Tinto Ltd has made its first Aboriginal board appointment, hiring former Western Australian state treasurer Ben Wyatt as it strives to rebuild its reputation following last year's destruction of the...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has appointed Ben Wyatt as a non-executive director. Mr Wyatt, an Australian citizen, will join the Board on 1 September 2021. Mr Wyatt brings extensive ...
With iron ore prices riding on strong demand in China, it will be wise to keep an eye on iron ore producers like BHP Group (BHP), Rio Tinto (RIO) and Vale (VALE), which are poised to benefit from this r...
(Kitco News) - American Pacific Mining (CSE: USGD / FWB: 1QC / OTCQB: USGDF) announced Thursday that the Rio Tinto Group has commenced drilling at the company's Madison copper gold project, located in M...
(Kitco News) - Rio Tinto announced today that the company and Comptech, a R&D focused supplier of know-how and equipment for aluminium semi-solid castings, are partnering to bring a new generation of al...
MONTREAL--(BUSINESS WIRE)--Rio Tinto and Comptech are partnering to bring a new generation of aluminium alloys to the market for use in advanced technologies such as electric vehicles and 5G antennas. R...
Rio Tinto stock has shed almost 4% of its value in the last one week and is currently trading at $84 per share. This was in line with the overall weakness in the metals space during the week, mainly due...
(Kitco News) - Rio Tinto announced today that the company signed a Memorandum of Understanding with InoBat, a European battery technology and manufacturing company, to work together to accelerate the es...
LONDON--(BUSINESS WIRE)--Rio Tinto and InoBat, a European battery technology and manufacturing company, have signed a Memorandum of Understanding to work together to accelerate the establishment of a “c...
About RIO
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.
| Industry Other Industrial Metals & Mining | Founded 1873 |
| CEO Jean-Sebastien Jacques | Employees 47,500 |
| Stock Exchange NYSE | Ticker Symbol RIO |
Financial Performance
In 2020, Rio Tinto's revenue was $44.61 billion, an increase of 3.35% compared to the previous year's $43.17 billion. Earnings were $9.77 billion, an increase of 21.96%.
Analyst Forecasts
According to 5 analysts, the average rating for Rio Tinto stock is "Buy." The 12-month stock price forecast is 101.92, which is an increase of 14.39% from the latest price.