Rio Tinto Group (ASX: RIO)
Australia
· Delayed Price · Currency is AUD | Market Cap | 186.61B |
| Revenue (ttm) | 80.72B |
| Net Income (ttm) | 15.02B |
| Shares Out | 1.63B |
| EPS (ttm) | 9.22 |
| PE Ratio | 14.77 |
| Forward PE | 12.76 |
| Dividend | 6.54 (4.81%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 1,490,381 |
| Open | 134.13 |
| Previous Close | 132.15 |
| Day's Range | 133.91 - 136.28 |
| 52-Week Range | 102.51 - 136.73 |
| Beta | 0.63 |
| Analysts | n/a |
| Price Target | 135.01 (-0.63%) |
| 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 -19.02%.
Financial numbers in USD Financial StatementsNews
Rio makes safety change after double-impact derailment
Iron ore giant Rio Tinto reopened the rail line damaged in a train crash as the Mining and Energy Union seeks to highlight a pattern of alleged safety failures.
Smart Money Is Betting Big In RIO Options
Whales with a lot of money to spend have taken a noticeably bearish stance on Rio Tinto . Looking at options history for Rio Tinto (NYSE: RIO) we detected 17 trades. If we consider the specifics of e...
Indigenous group to take fight against Arizona copper mine to Supreme Court
A Native American group said on Tuesday it will take its fight against Rio Tinto's proposed Arizona copper mine to the U.S. Supreme Court, after a federal appeals court refused to reconsider whether t...
Rio Tinto IOC recognized with Towards Sustainable Mining (TSM) Environmental Excellence Award
SEPT-ILES, Quebec — Rio Tinto’s Iron Ore Company of Canada (IOC) has won the Towards Sustainable Mining (TSM) Environmental Excellence Award for its contributions to the Abandoned Site Rehabilitation ...
Rio Tinto IOC recognized with Towards Sustainable Mining (TSM) Environmental Excellence Award
SEPT-ILES, Quebec--(BUSINESS WIRE)--Rio Tinto's Iron Ore Company of Canada (IOC) has won the Towards Sustainable Mining (TSM) Environmental Excellence Award for its contributions to the Abandoned Site...
Rio Tinto: A Long-Term Dividend Play
Rio Tinto's long-term outlook is positive, with Capex towards low-carbon transition related demand. Read more to see why I am bullish on RIO stock.
Rio investigates latest iron ore train derailment
Rio Tinto’s driverless trains are under scrutiny after the third derailment in 11 months at iron ore operations in WA.
Rio Tinto should not compete with BHP for Anglo American – investor says
Rio Tinto Ltd (ASX: RIO) should not compete with BHP Group Ltd (ASX: BHP) to take over Anglo American plc (LON: AAL), says Daniel Sullivan. He's a portfolio manager at Janus Henderson Investors.
Investors urge caution as Rio Tinto eyes BHP's $60B Anglo bid - AFR
Rio Tinto had considered a bid for BHP-target Anglo American, AFR says
Mining giant Rio Tinto had considered an offer for British miner Anglo American , which is now BHP Group's $39 billion takeover target, the Australian Financial Review reported on Friday.
Investors urge caution as Rio Tinto eyes BHP’s $40b Anglo bid
Rio Tinto should not challenge BHP for control of Anglo American and instead target smaller lithium and copper producers, a major investor says.
Why Rio Tinto is worth more than its $130 price tag
Maple-Brown Abbott’s Emma Pringle is betting the iron ore giant’s share price has more room to run. She’s also bullish on Healius despite a shaky 12 months.
ENTRÉE RESOURCES ANNOUNCES FIRST QUARTER 2024 RESULTS
VANCOUVER, BC , May 8, 2024 /CNW/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the " Company " or " Entrée ") has today filed its interim financial results for the first quarter ended March 3...
Rio Tinto Group: An Inexpensive Stock With A Juicy Dividend
Realio Network's RIO Price Analysis: The Rising RWA Crypto Tokenizing Real Assets
The Realio Network crypto (RIO) is a promising asset and a potential cornerstone of tokenizing Real World Assets (RWAs) onto the blockchain.
Time for Rio Tinto dual-listing rethink with Anglo American in play
Trading the spread between the value of Rio Tinto’s dual-listed London and Australian shares is usually the province of specialist arbitrage funds. But BHP’s tilt at Anglo American has it back in focu...
Rio Tinto Declines Comment on Whether Considering Rival Anglo American Bid
The chair of Rio Tinto declined to comment on whether the world’s second-largest miner by market value is weighing a bid for Anglo American, the target of a recent $39 billion bid by BHP Group.
Rio Tinto chairman quiet on Anglo bid, eyes copper profits
Rio Tinto chairman Dominic Barton would not comment on whether the company was considering making a rival bid for Anglo American.
Element Resources Acreage Lease at Rio Tinto U.S. Borax California Operations
LANCASTER, Calif.--(BUSINESS WIRE)-- #greenenergy--Notice of surface lease agreement between Element Resources and Rio Tinto Borax Mine for the development of green hydrogen & off-grid solar power.
BHP could aim for Rio Tinto after Anglo American rejects takeover offer, analyst says
In the wake of Anglo American's rejection of BHP Group's takeover bid, John Meyer, partner at SP Angel, said that other interested buyers, like Chinese state-owned companies, could step in with a bett...
BHP may go after Rio Tinto after $AAL rejection
BHP Group Ltd may go after Rio Tinto Ltd now that Anglo American plc has rejected its takeover proposal, says John Meyer. He's a partner at SP Angel.
BHP could aim for Rio Tinto after Anglo American rejects takeover offer, analyst says
In the wake of Anglo American's rejection of BHP Group's takeover bid, John Meyer, partner at SP Angel, said that other interested buyers, like Chinese state-owned companies, could step in with a bett...
BHP Seeks to Break Mining’s M&A Curse with Thorny Anglo Deal
The last time BHP Group took a swing at another major miner, it was Rio Tinto Plc back in 2007. That could have been a blockbuster $150 billion takeover, but with metals prices crashing as the financi...
Australia’s richest firms get $331m in grants to reduce emissions
The government has doled out $331 million to firms including Rio Tinto, Wesfarmers, Swiss giant Glencore and Rich Lister Dick Honan’s Manildra for decarbonisation projects.
Midland Amends Its Lithium Option Agreement With Rio Tinto With the Addition of the Wookie Project
MONTREAL, April 23, 2024 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), is pleased to announce the execution of an amended option agreement on April 22, 2024 (the “Option Agreem...