Rio Tinto PLC (RIO)
|Net Income (ttm)||9.77B|
|Ex-Dividend Date||Aug 12, 2021|
|Day's Range||70.12 - 70.96|
|52-Week Range||51.17 - 91.78|
|Price Target||81.94 (+16.3%)|
|Est. Earnings Date||n/a|
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. [Read more...]
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%.Financial Statements
According to 6 analysts, the average rating for Rio Tinto stock is "Buy." The 12-month stock price forecast is 81.94, which is an increase of 16.34% from the latest price.
Rio Tinto on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri.
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm, said: “The third quarter has demonstrated the resilience of our people in dealing with ongoing COVID-19 challenges. It h...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Iron Ore Chief Executive, Simon Trott and Rio Tinto Managing Director of Port, Rail and Core Services, Richard Cohen, joined community members, local bus...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto is progressing an innovative new technology to deliver low-carbon steel, using sustainable biomass in place of coking coal in the steelmaking process, in...
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MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto's vaccination hub at Perth Airport has opened today, enabling fly-in fly-out (FIFO) workers in the mining industry to easily access COVID-19 vaccination ...
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MONTREAL--(BUSINESS WIRE)--Rio Tinto has reached a new Collective Labour Agreement for its BC Works operation, which includes the Kitimat smelter and Kemano hydropower facility in British Columbia, foll...
MELBOURNE--(BUSINESS WIRE)--Rio Tinto is supporting iron ore rail car manufacturing in Western Australia with a commitment to use local suppliers to build ore rail cars for its Pilbara mining operations...
MELBOURNE--(BUSINESS WIRE)--Rio Tinto has published its first report on progress in improving Communities and Social Performance (CSP) practices, as the company works to rebuild trust and relationships ...
Rio Tinto and Canadian union Unifor have reached a labour agreement in principle for the global miner's operations in the western Canadian province of British Columbia, the company said on Sunday.
Rio Tinto (RIO) is working toward tripling the Weipa solar capacity and adding battery storage to help power operations.
(Kitco News) - Rio Tinto said the move that will more than triple the local electricity network's solar generation capacity and help provide cleaner power to Rio Tinto's operations.
Iron ore prices have lost 34% of its value year to date as China's initiatives to clean up its highly-polluting steel sector have hurt iron ore prices.
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has approved a new solar farm and battery storage at Weipa in Queensland, in a move that will more than triple the local electricity network's solar gene...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Iron Ore chief executive Simon Trott joined WA Health Minister Roger Cook today to open the Tom Price COVID-19 vaccination clinic aimed at boosting vacci...
MELBOURNE--(BUSINESS WIRE)--On 2 March 2021 the Australian Taxation Office (ATO) issued Rio Tinto Limited with amended assessments related to the denial of interest deductions on an isolated borrowing u...
Rio Tinto (RIO) and Caterpillar (CAT) partner to develop zero-emissions autonomous haul trucks - a testament to the initiatives taken by major companies to ensure a carbon-neutral future.
(Kitco News) - The collaboration will see Rio Tinto work with Caterpillar to advance the development of the manufacturer's future 220-tonne 793 zero-emissions autonomous haul truck including the validat...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto and Caterpillar have signed a Memorandum of Understanding (MoU) for Caterpillar's development of zero-emissions autonomous haul trucks for use at one of ...
A U.S. House of Representatives committee has voted to include language in a wider budget reconciliation package that would block Rio Tinto Ltd from building its Resolution copper mine in Arizona.