Streetbeat News

RIO

Rio Tinto Group

https://www.riotinto.com

Industry

Industrial Materials

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 lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

Open

62.05

Mkt cap

108B

Volume

3.5M

High

62.05

P/E Ratio

9.37

52-wk high

74.24

Low

61.55

Div yield

0.08

52-wk low

57.85

Rio Tinto (RIO) reported a 1% year-over-year decline in iron ore shipments for Q4 2024, totaling 86.5 million tons. The annual total reached 328 million tons, also down 1% but within the company's guidance range.

Portfolio Pulse from

January 16, 2025 | 8:00 pm

The University of Northern British Columbia (UNBC) and Rio Tinto have expanded their partnership to research climate change impacts on water security and freshwater fishes in the Nechako Watershed. Rio Tinto is providing $1.75 million in funding for two Research Chairs at UNBC over the next five years.

Portfolio Pulse from

January 15, 2025 | 5:45 pm

Rio Tinto Group's stock (RIO) is trading near its 52-week low after a 16% decline over the past year, raising questions about whether this is a buying opportunity or a warning sign.

Portfolio Pulse from

January 13, 2025 | 8:00 pm

Rio2 Limited has provided an update on the construction activities at its Fenix Gold Mine in Chile's Atacama Region. The company is listed on TSXV, OTCQX, and BVL.

Portfolio Pulse from

January 13, 2025 | 12:45 pm

Wall Street analysts are optimistic about Rio Tinto (RIO), which may influence investor decisions on whether to buy, sell, or hold the stock. Analyst recommendations can impact stock prices.

Portfolio Pulse from

December 27, 2024 | 3:45 pm

The mining sector in London faces challenges as an activist hedge fund pressures Rio Tinto to abandon its UK listing. The sector has struggled due to a lack of finance for small-cap companies and the impact of China's economic slowdown on larger players.

Portfolio Pulse from

December 27, 2024 | 3:30 pm

Rio Tinto has received shareholder approval for its £5bn takeover of Arcadium Lithium PLC. Arcadium's shares rose 9% following the news. The deal now awaits US regulatory approval, testing the Trump administration's stance on foreign takeovers.

Portfolio Pulse from

December 24, 2024 | 8:30 am

Rio Tinto has appointed Georgie Bezette as the new Chief People Officer, effective January 1, 2025. She succeeds James Martin, who will retire at the end of the year. Bezette has been with Rio Tinto since 2008 and is currently the Chief Operating Officer, People.

Portfolio Pulse from

December 19, 2024 | 9:30 am

Palliser Capital, along with over 100 other shareholders, has submitted a resolution for Rio Tinto's next AGM, calling for an independent review of the company's dual listed structure.

Portfolio Pulse from

December 19, 2024 | 7:30 am

Rio Tinto and BHP are collaborating to build Australia's largest ironmaking electric smelting furnace pilot plant to reduce emissions.

Portfolio Pulse from

December 17, 2024 | 9:15 pm

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