Straits Times Index
3,240.58 +49.87 (+1.56%) Nikkei
26,739.03 +336.19 (+1.27%) Hang Seng
20,717.24 +596.56 (+2.96%) FTSE 100
7,433.31 +130.57 (+1.79%) BTC-USD
30,148.20 +459.31 (+1.55%) CMC Crypto 200
672.22 -1.16 (-0.17%)
Rio Tinto Group (RIO)
| Previous close | 67.93 |
| Open | 69.70 |
| Bid | 69.37 x 1100 |
| Ask | 69.36 x 900 |
| Day's range | 69.06 - 69.84 |
| 52-week range | 59.58 - 91.09 |
| Volume | |
| Avg. volume | 4,457,869 |
| Market cap | 113.679B |
| Beta (5Y monthly) | 0.59 |
| PE ratio (TTM) | 5.36 |
| EPS (TTM) | 12.95 |
| Earnings date | N/A |
| Forward dividend & yield | 7.93 (11.89%) |
| Ex-dividend date | 10 Mar 2022 |
| 1y target est | 78.39 |
- Reuters
Turquoise Hill to receive debt funding from Rio Tinto as it evaluates $2.7 billion offer
Rio Tinto in March had proposed to buy out the 49% of Turquoise Hill (TRQ) it does not already own for about $2.7 billion in cash, paving the way for direct ownership of the massive Oyu Tolgoi copper-gold mining project in Mongolia. However, the offer has seen opposition from major Turquoise Hill shareholders, including activist investor Pentwater Capital Management, who said the offer was too low.
- Business Wire
Rio Tinto agrees revisions to funding arrangements with Turquoise Hill Resources
LONDON, May 18, 2022--Rio Tinto has agreed to amend the previously agreed funding plan with Turquoise Hill Resources (TRQ) (9 April, 2021) in order to provide liquidity of up to $400 million in short-term early advances, while the Special Committee of TRQ evaluates Rio Tinto’s C$34 per share all-cash proposal to acquire the approximately 49% of the issued and outstanding shares of TRQ that Rio Tinto does not currently own.
- Business Wire
Rio Tinto starts tellurium production at Kennecott
SALT LAKE CITY, May 11, 2022--Rio Tinto has started producing tellurium at its Kennecott copper operation in Utah, becoming one of only two U.S. producers of the critical mineral used in advanced thin film photovoltaic solar panels.
