RIO - Rio Tinto plc

NYSE - NYSE Delayed Price. Currency in USD
56.60
+0.04 (+0.07%)
At close: 4:01PM EDT
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Previous Close56.56
Open56.56
Bid0.00 x 0
Ask0.00 x 0
Day's Range56.19 - 56.93
52 Week Range37.66 - 59.25
Volume2,489,459
Avg. Volume3,386,214
Market Cap95.683B
Beta1.08
PE Ratio (TTM)11.62
EPS (TTM)4.87
Earnings DateN/A
Forward Dividend & Yield2.20 (4.05%)
Ex-Dividend Date2017-08-09
1y Target Est61.00
Trade prices are not sourced from all markets
  • BHP Trims Iron Ore Guidance—How Iron Ore Prices Could Respond
    Market Realist3 days ago

    BHP Trims Iron Ore Guidance—How Iron Ore Prices Could Respond

    On April 18, BHP Billiton (BHP) released its operational review of the nine months ended March 2018. Iron ore (PICK) volumes are key to BHP Billiton’s revenues and earnings, as iron ore is the largest commodity produced by the company.

  • Analyzing Alcoa’s 1Q18 Earnings
    Market Realist3 days ago

    Analyzing Alcoa’s 1Q18 Earnings

    Alcoa (AA) released its 1Q18 earnings on April 18, 2018, after the markets closed. The company reported revenues of $3.09 billion in 1Q18—compared to $3.17 billion in 4Q17 and $2.65 billion in 1Q17. Alcoa’s 1Q18 earnings were better than expected.

  • BHP Billiton (BHP) Lowers Iron-Ore Production View for FY18
    Zacks3 days ago

    BHP Billiton (BHP) Lowers Iron-Ore Production View for FY18

    BHP Billiton (BHP) trims iron-ore output guidance for fiscal 2018. Northward movement in the price of this major steel-making product is expected to drive the company's performance.

  • What to Watch for on Freeport-McMoRan’s 1Q18 Earnings Call
    Market Realist4 days ago

    What to Watch for on Freeport-McMoRan’s 1Q18 Earnings Call

    Grasberg issues could dominate Freeport’s 1Q18 earnings call. There are several uncertainties over Freeport’s Indonesia operations. See Uncertainties Surround Freeport’s Indonesia Operations to look at the issues Freeport is grappling in Indonesia. The Grasberg issues could also be affecting Freeport’s valuation.

  • Will US-China Frictions Reflect in Freeport’s 1Q18 Earnings?
    Market Realist4 days ago

    Will US-China Frictions Reflect in Freeport’s 1Q18 Earnings?

    In the previous part of this series, we noted that Freeport-McMoRan (FCX) expects its 1Q18 copper shipments to be similar to the sequential quarter. Meanwhile, for commodity producers Antofagasta (ANTO), Southern Copper (SCCO), and Rio Tinto (RIO)(TRQ), commodity prices have a higher impact on earnings than shipments. In this article, we’ll see how commodity prices played out in 1Q18 amid the US-China trade war and how it could impact Freeport’s financial performance.

  • Can Freeport-McMoRan Beat Wall Street Revenue Estimates in 1Q18?
    Market Realist4 days ago

    Can Freeport-McMoRan Beat Wall Street Revenue Estimates in 1Q18?

    Freeport-McMoRan (FCX) is scheduled to release its 1Q18 earnings on April 24. In this article, we’ll see what analysts are projecting for Freeport’s 1Q18 revenues. Freeport managed to beat its revenue estimates by a wide margin in the last two consecutive quarters.

  • Freeport-McMoRan’s 1Q18 Earnings: The Word on Wall Street
    Market Realist4 days ago

    Freeport-McMoRan’s 1Q18 Earnings: The Word on Wall Street

    Freeport-McMoRan (FCX), the leading US-based copper miner, is slated to release its 1Q18 earnings on April 24. Teck Resources (TECK) is also expected to release its quarterly earnings on the same day, followed by First Quantum Minerals’ (FM) earnings release on April 26. Since it’s quarterly earnings season, diversified miners including BHP Billiton (BHP) will likely only release their operational data, as these companies only release their half-yearly and annual financial results.

  • Reuters4 days ago

    Canada's Alouette aluminum smelter denies force majeure rumors

    The Alouette aluminum smelter in Canada, the biggest in the Americas, does not plan to declare force majeure, a spokeswoman said on Wednesday, denying a market rumor. There was speculation in the market that Alouette may have to take the measure due to a shortage of raw material alumina. "We have not declared force majeure and we do not intend to declare it either," a spokeswoman told Reuters.

  • Reuters4 days ago

    Labrador Iron Ore says workers reject IOC labor agreement

    Workers on strike at a mine operated by Iron Ore Company of Canada rejected a new labor agreement, minor stakeholder Labrador Iron Ore Royalty Corp said on Wednesday. Shares of Labrador Iron Ore, which ...

  • MarketWatch5 days ago

    Miners lead FTSE 100 higher after Rio Tinto update; inflation data in focus

    U.K. stocks rose for a second straight day on Wednesday, boosted by a strong performance in the basic resources sector after an upbeat trading update from mining giant Rio Tinto. Traders were also waiting for U.K. inflation data due at 9:30 a.m. London time, or 4:30 a.m. Eastern Time, which could weaken or strengthen the case for a Bank of England interest-rate rise next month. On Wednesday, however, the FTSE was less driven by the sterling action and instead boosted by corporate news.

  • The Wall Street Journal5 days ago

    [$$] Rio Tinto Australian Iron-ore Shipments Rise 5%

    PLC (RIO) said quarterly exports of iron ore from its Australian mines rose 5% on-year because of fewer weather-related setbacks and continued productivity improvements, although shipments fell 11% on the quarter immediately prior. The Anglo-Australian company, one of the world’s top iron-ore exporters, reported iron ore shipments of 80.3 million metric tons from Australia’s western Pilbara region in the three months through March. “Production benefited from fewer weather disruptions than the first quarter of 2017, along with the ramp up of Silvergrass and the continuing implementation of productivity improvements across the integrated system,” the miner said.

  • Reuters5 days ago

    Rio Tinto flags changes to 2018 aluminium output after U.S. sanctions

    Global miner Rio Tinto on Wednesday flagged possible changes to its 2018 aluminium output following U.S. sanctions on its Russian partner Rusal earlier this month. Rio, which reported a 5 percent rise in first-quarter iron ore shipments in the March quarter, has declared force majeure on some customer contracts after U.S. sanctions on UC Rusal , the world's second biggest aluminium producer. Rio kept its forecast for aluminium production steady in its first quarter production report.

  • Rio Tinto first-quarter shipments rise 4.7 percent, maintains forecast
    Reuters5 days ago

    Rio Tinto first-quarter shipments rise 4.7 percent, maintains forecast

    "We delivered a solid operational performance across most commodities in the first quarter of 2018," Rio Tinto Chief Executive Jean-Sebastien Jacques said in a statement. The Anglo-Australian miner maintained its iron ore production guidance for this year of 330 million to 340 million tonnes. Rio Tinto also held its 2018 copper guidance, but said its aluminium forecast of 3.5 to 3.7 million tonnes would be adjusted after it completed the sale of some smelters.

  • How Wall Street Rates Alcoa ahead of Its 1Q18 Earnings Release
    Market Realist5 days ago

    How Wall Street Rates Alcoa ahead of Its 1Q18 Earnings Release

    Alcoa is scheduled to release its 1Q18 earnings on April 18. In the previous articles, we’ve seen what analysts are projecting for Alcoa’s 1Q18 earnings and the key updates that markets might watch for in the company’s 1Q18 earnings call. Let’s now see how analysts are rating the stock ahead of its 1Q18 earnings release.

  • What Updates Can Investors Expect from Alcoa’s Earnings Release?
    Market Realist6 days ago

    What Updates Can Investors Expect from Alcoa’s Earnings Release?

    In the previous article, we saw what analysts are projecting for Alcoa’s (AA) 1Q18 earnings. In this part, we’ll look at the key updates that markets might watch for in Alcoa’s 1Q18 earnings call. The macro environment has been quite volatile for aluminum.

  • What Could Drive Alcoa’s 1Q18 Financial Performance?
    Market Realist6 days ago

    What Could Drive Alcoa’s 1Q18 Financial Performance?

    Alcoa’s (AA) 1Q18 earnings are expected on April 18. Bauxite, alumina, and aluminum are the three key commodities that Alcoa sells. Analysts polled by Thomson Reuters expect Alcoa to post revenues of $3.08 billion in 1Q18.

  • What Wall Street Expects from Alcoa’s 1Q18 Earnings
    Market Realist6 days ago

    What Wall Street Expects from Alcoa’s 1Q18 Earnings

    Alcoa (AA) is scheduled to release its 1Q18 earnings on April 18. Overall, 2018 is turning out to be a volatile year for Alcoa and other aluminum producers like Century Aluminum (CENX), Rio Tinto (RIO), and Norsk Hydro (NHYDY).

  • Why the Closure of CLF’s Australian Operations Could Be Positive
    Market Realist6 days ago

    Why the Closure of CLF’s Australian Operations Could Be Positive

    Cleveland-Cliffs (CLF) announced on April 6, 2018, that it expects to close its Australian operations by June 30, 2018. The main factors driving this decision were as follows: the increasingly discounted prices for lower-content iron ore the quality of the remaining iron ore reserves at its Asia-Pacific operations the lack of a legitimate offer from a qualified buyer

  • Why Cliffs’ Asia-Pacific Segment Could Disappoint Again in 1Q18
    Market Realist6 days ago

    Why Cliffs’ Asia-Pacific Segment Could Disappoint Again in 1Q18

    While Cleveland-Cliffs’ (CLF) Asia-Pacific Iron Ore (or APIO) segment doesn’t contribute much to its revenue and earnings, it still accounts for many of its stock price movements via changes in seaborne iron ore prices.

  • Reuters9 days ago

    Rio to call force majeure on some Rusal-linked contracts

    Rio Tinto said it will declare force majeure on certain customer contracts after the U.S. imposed sanctions on its partner Russian aluminium producer Rusal . Rio also said it was reviewing Rusal's 20 percent stake in the Queensland Alumina refinery, Rusal's supply and offtake arrangements, bauxite sales to Rusal's refinery in Ireland and offtake contracts for alumina. The United States imposed sanctions last week against Russian entities and individuals, including Rusal, to punish Moscow for its alleged meddling in the 2016 U.S. election and other "malign activity".

  • Can China Step In after US Sanctions on Russia?
    Market Realist9 days ago

    Can China Step In after US Sanctions on Russia?

    President Trump has imposed sanctions on some Russian entities, including RUSAL. The company was once the largest global aluminum producer and is still a major player in aluminum markets, accounting for almost 6% of global aluminum production. Not surprisingly, aluminum prices rose sharply after the sanctions. Before, aluminum prices briefly dipped below $2,000 per metric ton amid the US-China trade war.

  • Uncertainties Surround Freeport’s Indonesia Operations
    Market Realist10 days ago

    Uncertainties Surround Freeport’s Indonesia Operations

    Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia (EIDO) with Rio Tinto (RIO) (TRQ) as a minority partner. While the mine is a crown jewel in Freeport’s portfolio due to its vast size and attractive unit cash costs, its operations have been surrounded by uncertainties. Let’s discuss these uncertainties in perspective.

  • US-China Trade War and Copper: Is there a Connection?
    Market Realist10 days ago

    US-China Trade War and Copper: Is there a Connection?

    Firstly, as China is the world’s largest copper consumer, anything negative for the Chinese economy is a bearish driver for industrial metals. BHP Billiton (BHP), Vale (VALE), and Rio Tinto (RIO) rely heavily on China’s metal appetite. A US-China trade war could impact the Chinese economy.

  • Rio Tinto defends executive bonus structure
    Reuters11 days ago

    Rio Tinto defends executive bonus structure

    Rio Tinto defended its executive salary policy on Wednesday after proxy adviser Glass Lewis urged shareholders to vote against it and criticised the firm for paying out bonuses in 2017, a year when two employees died at work. Glass Lewis said any payout in a year when employees had died - one in Australia and one in the United States - was "considered a serious breach of moral and ethical code by many investors". Most of Rio's peers such as BHP , Newcrest Mining and Fortescue Metals Group generally pay no bonuses in years when there were employee deaths, it noted.

  • Could Copper Markets Reach a Surplus in 2018?
    Market Realist11 days ago

    Could Copper Markets Reach a Surplus in 2018?

    Whether markets are in a state of deficit or surplus is a function of both supply and demand. In this article, we’ll look at leading copper miners’ 2018 operating plans to gauge how copper supply could play out this year. According to CNBC, Codelco CEO Nelson Pizarro stated that the world’s largest copper miner expects to produce “slightly more than 1.7 million tonnes of copper in 2018.” Codelco produced 1.7 billion pounds of copper last year, and the company expects its 2018 copper production to be similar.