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Rio Tinto Group (RIO)

NYSE - NYSE Delayed Price. Currency in USD
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64.98+0.33 (+0.51%)
At close: 04:00PM EST
64.03 -0.95 (-1.46%)
Pre-market: 07:36AM EST
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Trade prices are not sourced from all markets
Previous close64.65
Open65.34
Bid0.00 x 1000
Ask64.31 x 1400
Day's range64.65 - 65.48
52-week range58.27 - 75.30
Volume3,057,120
Avg. volume2,724,722
Market cap105.433B
Beta (5Y monthly)0.67
PE ratio (TTM)10.53
EPS (TTM)6.17
Earnings dateN/A
Forward dividend & yield4.35 (6.69%)
Ex-dividend date07 Mar 2024
1y target est84.50
  • Reuters

    Rio Tinto gets C$18 million from Canada to decarbonize iron ore processing

    The funding from the government's Low-Carbon Economy Fund will enable Rio Tinto's Iron Ore Company of Canada (IOC) to reduce the amount of heavy fuel oil that is used in the production of iron ore pellets and concentrate. The government funding represents about 25% of the total cost of the project, with IOC funding the rest of the investment, Rio Tinto said. One of the world's largest iron ore producers, Rio expects to reduce about 2.2 million tonnes of greenhouse gas emissions over the lifetime of the project.

  • Reuters

    Rio Tinto gets C$18 mln from Canada to decarbonize iron ore processing

    Rio Tinto said on Monday that the Canadian government had awarded it C$18 million ($13 million) to decarbonize iron ore processing in Labrador West. The funding from the government's Low-Carbon Economy Fund will enable Rio Tinto's Iron Ore Company of Canada (IOC) to reduce the amount of heavy fuel oil that is used in the production of iron ore pellets and concentrate. The government funding represents about 25% of the total cost of the project, with IOC funding the rest of the investment, Rio Tinto said.

  • Business Wire

    Rio Tinto IOC and Government of Canada partner to decarbonize iron ore processing in Labrador West

    WABUSH, Canada, February 26, 2024--The Government of Canada awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto’s Iron Ore Company of Canada (IOC) to support the decarbonization of iron ore processing at its operations in Labrador West.