Previous close | 63.17 |
Open | 63.15 |
Bid | 0.00 x 800 |
Ask | 0.00 x 800 |
Day's range | 62.26 - 63.33 |
52-week range | 50.92 - 80.52 |
Volume | |
Avg. volume | 3,598,914 |
Market cap | 102.068B |
Beta (5Y monthly) | 0.68 |
PE ratio (TTM) | 7.97 |
EPS (TTM) | 7.89 |
Earnings date | N/A |
Forward dividend & yield | 4.92 (8.06%) |
Ex-dividend date | 09 Mar 2023 |
1y target est | 75.60 |
Rio Tinto (RIO) has announced that all the heavy machinery at its Boron operation have been successfully transitioned to run on renewable diesel.
BORON, Calif., June 02, 2023--Rio Tinto has successfully completed the full transition of its heavy machinery from fossil diesel to renewable diesel at its Boron, California operation, making it the first open pit mine in the world to achieve this milestone. The change to renewable diesel brings an anticipated CO2 equivalent reduction of up to 45,000 tonnes per year, comparable to eliminating the annual emissions of approximately 9,600 cars.
Rio Tinto (RIO) plans to invest in a desalination plant in Pilbara that will supply water to the company in future.
The US economy added 339,000 nonfarm payroll jobs last month while the unemployment rate rose to 3.7%.
PERTH, Australia, June 01, 2023--Rio Tinto plans to invest $395 million1 in a seawater desalination plant in the Pilbara, Western Australia, to support future water supply for the company’s coastal operations and communities in the region.
BHP Group's (BHP) collaboration with Microsoft will help improve copper recovery at the Escondida mine with the help of artificial intelligence and machine learning.
The latest investor updates on stocks that are trending on Friday.
PERTH, Australia, May 03, 2023--Rio Tinto has unveiled the latest heirloom piece of Argyle Pink DiamondsTM jewellery, featuring one of the last diamonds to be mined from the Argyle mine in the East Kimberley, Western Australia. Exclusively designed by Western Australian jeweller Solid Gold Diamonds, the Argyle RoseTM is notable for featuring a total of 3.25 carats of rare Argyle pink and blue diamonds encrusted in a rose motif, surrounded by white diamonds and hand-set in platinum and 18K gold.
MELBOURNE, Australia, April 27, 2023--Rio Tinto has entered into a binding agreement to acquire the Platina Scandium Project, a high-grade scandium resource in New South Wales, from Platina Resources Limited (ASX: PGM) for $14 million.
Mixed company earnings and softening economic data were keeping a lid on sentiment.
MELBOURNE, Australia, April 19, 2023--Rio Tinto Chief Executive Jakob Stausholm said: "We continue to make steady progress with our highest ever first quarter shipments achieved in the Pilbara iron ore business. Through the ongoing deployment of our Safe Production System we expect to see a sustainable lift in operating performance across our global portfolio over time, in line with improvements already achieved.
A look at the stocks making headlines on Wednesday.
MELBOURNE, Australia, April 05, 2023--In the lead up to its Annual General Meetings, Rio Tinto is engaging with investor and civil society organisations on an enhanced approach to advocacy to support the decarbonisation of its operations, in line with the goals of the Paris Agreement.
MELBOURNE, Australia, April 03, 2023--Rio Tinto will support Energy Resources of Australia Ltd’s (ERA) recently disclosed plans for an Interim Entitlement Offer (IEO), which seeks to raise up to A$369 million to address funding requirements for the Ranger Rehabilitation Project in Australia’s Northern Territory to the end of Q2 2024.
Rio Tinto plc (RIO) and First Quantum Minerals have entered into a joint venture to progress the La Granja copper project in Peru to capitalize on the demand for copper.
MELBOURNE, Australia, April 02, 2023--Rio Tinto has published its 2022 Taxes and Royalties Paid Report, detailing $10.8 billion of global taxes and royalties paid during the year.
The latest investor updates on stocks that are trending on Friday.
Volatile quarter finishes with a flourish
LONDON, March 30, 2023--Rio Tinto and First Quantum Minerals ("First Quantum") have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the world.
The latest investor updates on stocks that are trending on Monday.
(Reuters) -Personal data of Rio Tinto Ltd's former and current Australian employees may have been stolen by a cybercriminal group, according to a staff memo seen by Reuters on Thursday. "Investigations now indicate a possibility that Rio Tinto data may be impacted," it said. The stolen data relates to an attack on GoAnywhere - a managed file transfer (MFT) software offered by U.S. cybersecurity firm Fortra.
Rio Tinto's and Adidas are part of the Zacks Bull and Bear of the Day article.
The Mining-Miscellaneous Industry is currently in the top 30% of over 248 Zacks Industries and Rio Tinto's (RIO) stock is standing out with a Zacks Rank #1 (Strong Buy) and overall "A" VGM grade for the combination of Value, Growth, and Momentum.
LONDON, March 22, 2023--Rio Tinto is marking World Water Day 2023 by making public detailed information about annual surface water usage across its global network of managed sites in 35 countries, through an interactive map on its website riotinto.com/water.
RIO, SMFG and DTEGY made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 21, 2023.