Rio Tinto has contingency plans to minimize impact from Canada rail stoppage
Rio Tinto expects the labor dispute between the workers and the management of Canada's two biggest rail networks will affect its ability to receive raw materials at several sites across Canada and ship products to customers in North America, the miner told Reuters on Thursday.
Scores in central Serbia rally against Rio Tinto's lithium project
Hundreds of people gathered in the central Serbian town of Valjevo on Monday to protest Rio Tinto's , lithium project in Western Serbia, over fears it could pollute the land.
Thousands demand halt to Rio Tinto's lithium project in Serbia
Tens of thousands of people gathered in central Belgrade on Saturday demanding a halt to Rio Tinto's , lithium project in Western Serbia over fears it could pollute nearby land and water.
Rio Tinto chief fuels copper deal speculation after in-line half year
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has confirmed it would be open to a major acquisition, sending shares in London-listed copper miners jumping this mining. Copper production is ramping up at the mining giant with Oyu Tolgoi in Mongolia and new ventures in Chile and Peru expected to boost output this year by 3%.
Rio Tinto Group (RIO) Q2 2024 Earnings Call Transcript
Rio Tinto Group (NYSE:RIO ) Q2 2024 Earnings Conference Call July 30, 2024 9:30 PM ET Company Participants Tom Gallop - Head of Investor Relations Jakob Stausholm - Chief Executive Officer Peter Cunningham - Chief Financial Officer Mark Davies - Chief Technical Officer Conference Call Participants Paul Young - Golden Sachs James Redfern - Bank of America Lyndon Fagan - JPMorgan Rob Stein - Macquarie Glyn Lawcock - Barrenjoey Rahul Anand - Morgan Stanley Tim Gerrard - Janus Henderson Kaan Peker - RBC Lachlan Shaw - UBS Tom Gallop Hello again to everyone in the room, and now welcome to those online to Rio Tinto's 2024 Half-Year Results Presentation. My name is Tom Gallop and I'm the Acting Head of Investor Relations.
Rio Tinto: Lowering Our Estimates, With Still A Positive View
Rio Tinto reported Q2 production results, with solid output in iron ore and copper production. The company adjusted its 2024 guidance, cutting alumina outlook due to gas supply constraints. Despite minor adjustments in valuation post-Q2 results, Rio Tinto remains a buy with a 20% upside potential, trading below historical averages.
Rio Tinto class action over Bougainville mine damage set for October hearing
The first hearing date has been set in a class action against miner Rio Tinto for historical environmental and social damage caused by the Bougainville copper mine in Papua New Guinea that it operated in the 1970s and 1980s, lawyers said.
Is Rio Tinto (RIO) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Rio Tinto first half 'a bit soft' but projects reassure, say analysts
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF)second-quarter production was soft, say City analysts, with rail outages in Pilbara hitting the numbers though overall the update was steady enough. Issues at the Kennecott copper mine were also a factor, but the reassurance on Rio's major projects was a plus, said Citi.
Rio Tinto (RIO) Reports a 2% Decline in Q2 Iron Ore Production
Rio Tinto (RIO) reports 80.3 Mt of iron ore shipments and production of 79.5 Mt in Q2. Both are lower than expectations due to a train derailment in mid-May.
Rio Tinto welcomes Serbia's reinstatement of Jadar lithium project licence
Mining group Rio Tinto , welcomed on Tuesday a Serbian government statement that it would reinstate a spatial plan licence for its Jadar project, a first step towards resuming development of Europe's biggest lithium mine
Rio Tinto hails final green light for $12bn Guinea iron ore project
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) said the final green lights have been given for the $11.6 billion development of the Simandou high-grade iron ore deposit in Guinea. First production from the Simfer mine is expected in 2025, ramping up over 30 months to an annualised capacity of 60 million tonnes per year, with Rio's share to be 27 million tonnes a year.
