|Bid||61.00 x 1200|
|Ask||61.35 x 800|
|Day's Range||60.85 - 61.43|
|52 Week Range||50.92 - 80.52|
|Beta (5Y Monthly)||0.68|
|PE Ratio (TTM)||8.02|
|Forward Dividend & Yield||4.92 (8.28%)|
|Ex-Dividend Date||Mar 09, 2023|
|1y Target Est||80.60|
The latest investor updates on stocks that are trending on Friday.
The U.S. Forest Service has told a federal court it is not sure when it could approve a land swap allowing Rio Tinto Plc to develop the Resolution Copper mine in Arizona, a surprising reversal that boosts several Native American groups opposed to the project. The complex case involves a long-running conflict between a mining company hoping to supply more than a quarter of U.S. copper demand for the green energy transition and Indigenous groups seeking to preserve Arizona's Oak Flat campground, a site of religious importance that would be destroyed by the mine's construction. In 2014, the U.S. Congress approved a land swap that required an environmental report to be published, which former President Donald Trump's administration did shortly before leaving office.
(Bloomberg) -- A top equities fund manager is backing BHP Group Ltd. and Rio Tinto Ltd., betting they can withstand softer iron-ore prices and will benefit as China’s reopening boosts demand for the commodity.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is Desperate to UnloadSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsJPMorgan Ass
Rio Tinto Group (LON:RIO) has had a rough three months with its share price down 19%. However, stock prices are usually...
(Bloomberg) -- Lithium’s dramatic price slump has mining heavyweights chasing takeovers of companies with early stage or pre-production projects. But one giant is warning that offering high premiums for smaller miners comes with risks.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Shares Rise After iPhone Bounces Back, Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskChina Takes the Yuan Global in Bid to Repe
PERTH, Australia, May 03, 2023--Rio Tinto has unveiled the latest heirloom piece of Argyle Pink DiamondsTM jewellery, featuring one of the last diamonds to be mined from the Argyle mine in the East Kimberley, Western Australia. Exclusively designed by Western Australian jeweller Solid Gold Diamonds, the Argyle RoseTM is notable for featuring a total of 3.25 carats of rare Argyle pink and blue diamonds encrusted in a rose motif, surrounded by white diamonds and hand-set in platinum and 18K gold.
(Bloomberg) -- Accompanied by tinny taped music and overall-clad workers, Rio Tinto Group executives and Mongolian officials gathered a kilometer beneath the freezing Gobi Desert earlier this year to open one of the world’s richest underground copper mines.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hirin
Rio Tinto Group ( LON:RIO ) shareholders might be concerned after seeing the share price drop 20% in the last quarter...
MELBOURNE, Australia, April 27, 2023--Rio Tinto has entered into a binding agreement to acquire the Platina Scandium Project, a high-grade scandium resource in New South Wales, from Platina Resources Limited (ASX: PGM) for $14 million.
Mixed company earnings and softening economic data were keeping a lid on sentiment.
MELBOURNE, Australia, April 19, 2023--Rio Tinto Chief Executive Jakob Stausholm said: "We continue to make steady progress with our highest ever first quarter shipments achieved in the Pilbara iron ore business. Through the ongoing deployment of our Safe Production System we expect to see a sustainable lift in operating performance across our global portfolio over time, in line with improvements already achieved.
A look at the stocks making headlines on Wednesday.
Greater financial and regulatory stability in Chile would encourage BHP Group to invest more in the country, the company's head of the Americas, Rag Udd, said on Tuesday. "The fact is, while there are some challenges in terms of investment in climate in Chile at the moment," Udd said. The company said it maintains plan to invest $10 billion in Chile over the 50 years, but added that the investment requires the "right fiscal certainty and right regulatory certainty."
MELBOURNE, Australia, April 05, 2023--In the lead up to its Annual General Meetings, Rio Tinto is engaging with investor and civil society organisations on an enhanced approach to advocacy to support the decarbonisation of its operations, in line with the goals of the Paris Agreement.
MELBOURNE, Australia, April 03, 2023--Rio Tinto will support Energy Resources of Australia Ltd’s (ERA) recently disclosed plans for an Interim Entitlement Offer (IEO), which seeks to raise up to A$369 million to address funding requirements for the Ranger Rehabilitation Project in Australia’s Northern Territory to the end of Q2 2024.
Rio Tinto plc (RIO) and First Quantum Minerals have entered into a joint venture to progress the La Granja copper project in Peru to capitalize on the demand for copper.
MELBOURNE, Australia, April 02, 2023--Rio Tinto has published its 2022 Taxes and Royalties Paid Report, detailing $10.8 billion of global taxes and royalties paid during the year.
The latest investor updates on stocks that are trending on Friday.
Volatile quarter finishes with a flourish
Rio Tinto Ltd and Canada's First Quantum Minerals Ltd will form a joint venture to develop the La Granja copper project in Peru, the Anglo-Australian miner said on Friday. First Quantum will buy a 55% stake in the project for $105 million, and commit to invest up to $546 million in the joint venture. Rio Tinto had acquired the La Granja project from Peru's government in 2006.
LONDON, March 30, 2023--Rio Tinto and First Quantum Minerals ("First Quantum") have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the world.
The latest investor updates on stocks that are trending on Monday.
The internal memo seen by Reuters on Thursday revealed payroll information, like payslips and overpayment letters, of a small number of the mining giants' Australian employees from January 2023 had possibly been seized by a cybercriminal group. "On Jan. 30, 2023, we were made aware of suspicious activity within certain instances of our GoAnywhere MFTaaS solution," a Fortra spokesperson told Reuters in an email on Friday. Fortra declined to comment on specific customers when asked about Rio Tinto, but said it was notifying potentially affected customers who may have been impacted and coordinating with the U.S.' Cybersecurity and Infrastructure Security Agency.
Personal data of Rio Tinto Ltd's former and current Australian employees may have been stolen by a cybercriminal group, according to a staff memo seen by Reuters on Thursday. Payroll information, like payslips and overpayment letters, of a small number of employees from January 2023 had possibly been seized by the group, the memo showed. "Investigations now indicate a possibility that Rio Tinto data may be impacted," it said.
(Reuters) -Personal data of Rio Tinto Ltd's former and current Australian employees may have been stolen by a cybercriminal group, according to a staff memo seen by Reuters on Thursday. "Investigations now indicate a possibility that Rio Tinto data may be impacted," it said. The stolen data relates to an attack on GoAnywhere - a managed file transfer (MFT) software offered by U.S. cybersecurity firm Fortra.