Rio Tinto Group (LON: RIO)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 91.13B |
| Revenue (ttm) | 42.23B |
| Net Income (ttm) | 7.86B |
| Shares Out | 1.25B |
| EPS (ttm) | 4.82 |
| PE Ratio | 10.90 |
| Forward PE | 8.88 |
| Dividend | 3.41 (0.07%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 2,748,788 |
| Open | 5,268.00 |
| Previous Close | 5,251.00 |
| Day's Range | n/a |
| 52-Week Range | 4,509.50 - 5,910.00 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | 58.07 (-98.89%) |
| Earnings Date | Jul 31, 2024 |
About Rio Tinto Group
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; alumina refining; and aluminium smelting. 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 mining... [Read more]
Financial Performance
In 2023, RIO's revenue was $54.04 billion, a decrease of -2.72% compared to the previous year's $55.55 billion. Earnings were $10.06 billion, a decrease of -18.83%.
Financial numbers in USD Financial StatementsNews
Rio Tinto raises majority stake in Australian aluminum smelter JV
Australia's Rio Tinto to buy Mitsubishi's nearly 12% stake in Boyne Smelters
Rio Tinto will acquire Mitsubishi Corp's 11.65% stake in Boyne Smelters for an undisclosed sum, the Australian mining giant said on Tuesday.
Rio Tinto to acquire Mitsubishi's 11.65% stake in Boyne aluminium smelter
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has agreed to acquire Mitsubishi Corporation's 11.65% interest in Boyne Smelters Ltd (BSL), which owns and operates the Boyne Island aluminium smelter ...
Rio Tinto Vs. BHP: Only One High-Yield Miner Is A Buy
How the land rights game changed with Juukan Gorge
Since the destruction of Juukan Gorge by Rio Tinto in 2020, there is a higher bar for native title agreements and increased approval times.
Long-awaited aerator installed in Yellowknife's Frame Lake
Rio Tinto have officially installed an aerator in Yellowknife's Frame Lake, with the hopes of one day introducing a fish habitat.
Rio Tinto may seek to resume South Africa project stopped by violence
Rio Tinto (NYSE:RIO) said it will seek approvals next year for its Richards Bay Minerals unit in South Africa to resume expansion plans. Read more here.
Rio Tinto invests $8 million in Pilbara conservation land management
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto will invest A$8 million over five years in a partnership with Western Australia's Department of Biodiversity, Conservation and Attractions (DBCA) on a new ...
Coal Stocks Take A Breather As Trading Sentiment Sours In Commodities Markets: Was The Election In India A Factor?
Coal stocks have pulled back amid speculation about future leadership in India, a major importer, but the sell-off may have more to do with short-term trading sentiment rather than a shift in market f...
Rio Tinto to develop R&D facility to test low-carbon steelmaking process
Rio Tinto plans to invest $143M in a research facility to develop its BioIron low-carbon ironmaking process, which could reduce carbon emissions by up to...
Rio Tinto Invests $143M in Low-Emission Steel Research And Development
Mining leader Rio Tinto (NYSE: RIO) has announced a $143 million (A$215 million) investment to establish a new research and development facility in Western Australia dedicated to low-emission steelma...
Rio Tinto to develop $143 mln facility to test low-carbon iron-making process
Rio Tinto , will spend $143 million to develop a research and development facility in Western Australia to assess the effectiveness of its low-carbon iron-making process, the mining giant said on Tues...
Rio Tinto invests $215m on giant iron ore microwave
Microwaves aren’t just for reheating food in the kitchen, with Rio Tinto investing in a giant microwave south of Perth to fix the carbon footprint of iron ore.
Rio Tinto to develop BioIron™ R&D facility in Western Australia to test low-carbon steelmaking
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its l...
New Zealand's Biggest Energy User Commits to Long Term
Rio Tinto announced new 20-year power supply deals that will keep Tiwai Point aluminum smelter operational long term, giving the hungriest energy consumer in New Zealand a new lease on life.
Rio Tinto to keep New Zealand aluminum smelter open another 20 years
Rio Tinto signs deal to become sole owner of New Zealand Aluminium Smelters
Rio Tinto said on Friday it entered an agreement buy Sumitomo Chemical Co's 20.64% stake in New Zealand Aluminium Smelters (NZAS) to get full control of the country's only aluminum smelter.
Rio to Keep New Zealand Aluminum Smelter Open After Power Deals
Rio Tinto will keep its New Zealand aluminum smelter operating until at least 2044 after agreeing new electricity supply agreements.
Rio Tinto lays out plans to resurrect Yellowknife's Frame Lake
Rio Tinto will install an aerator in Yellowknife's Frame Lake next week in the hopes of introducing a fish habitat to the anoxic lake.
Mining Rivals Join Forces: Rio Tinto & BHP Partner On Electric Truck Trials
Yesterday, Rio Tinto Group (NYSE: RIO) and BHP Group Limited (NYSE: BHP) announced their plan to collaborate to test large battery-electric haul truck technology in the Pilbara, Western Australia . ...
BHP, Rio Tinto to test battery-electric haul trucks in Pilbara
Mining giants BHP (BHP) and Rio Tinto (RIO) to collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to
BHP and Rio Tinto collaborate on battery-electric haul truck trials in the Pilbara
PERTH, Australia, May 28, 2024 (GLOBE NEWSWIRE) -- In an industry first, BHP and Rio Tinto will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Austr...
Rio Tinto, BHP to collaborate on electric haul truck trials in Pilbara
Top Australian miners Rio Tinto and BHP Group will work together for testing large battery-operated electric haul truck technology in the Pilbara region of Western Australia, Rio Tinto said on Monday.
Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara
PERTH, Australia--(BUSINESS WIRE)--In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to acceler...