Rio Tinto Plc Sponsored ADR logo

Rio Tinto Plc Sponsored ADR (RIO)

Market Closed
15 Jun, 20:00
NYSE NYSE
$
105. 89
+0.54
+0.5126%
$
163.91B Market Cap
13 P/E Ratio
25.04% Div Yield
2.99M Volume
0 Eps
$ 105.35
Previous Close
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Day Range
105.75 107.4
Year Range
55.64 112.58
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Rio Tinto to develop $143 mln facility to test low-carbon iron-making process

Rio Tinto to develop $143 mln facility to test low-carbon iron-making process

Rio Tinto , will spend $143 million to develop a research and development facility in Western Australia to assess the effectiveness of its low-carbon iron-making process, the mining giant said on Tuesday.

Reuters | 2 years ago
Rio Tinto signs deal to become sole owner of New Zealand Aluminium Smelters

Rio Tinto signs deal to become sole owner of New Zealand Aluminium Smelters

Rio Tinto said on Friday it entered an agreement buy Sumitomo Chemical Co's 20.64% stake in New Zealand Aluminium Smelters (NZAS) to get full control of the country's only aluminum smelter.

Reuters | 2 years ago
BHP & Rio Tinto (RIO) Team up for Electric Haul Truck Trials

BHP & Rio Tinto (RIO) Team up for Electric Haul Truck Trials

Mining giants BHP and Rio Tinto (RIO) team up to test battery-powered haul trucks in Western Australia's Pilbara region.

Zacks | 2 years ago
Rio Tinto should scrap its London listing, activist hedge fund says

Rio Tinto should scrap its London listing, activist hedge fund says

Rio Tinto should scrap its London stock market listing and switch its primary listing to Sydney, in order to boost its share price by “nearly 40%”, an activist hedge fund has reportedly said.

Marketwatch | 2 years ago
Rio Tinto should give up its FTSE listing, argues activist

Rio Tinto should give up its FTSE listing, argues activist

An activist investor has called for Rio Tinto PLC to give up its primary London quote and therefore also its FTSE 100 listing, like rival BHP did three years ago. London-based Palliser Capital, which has built up less than a 1% stake, has argued Rio's dual Anglo-Aussie corporate structure made it difficult to pull off big acquisitions, the Financial Times reported.

Proactiveinvestors | 2 years ago
Rio Tinto should give up its FTSE listing, argues activist

Rio Tinto should give up its FTSE listing, argues activist

An activist investor has called for Rio Tinto PLC to give up its primary London quote and therefore also its FTSE 100 listing, like rival BHP did three years ago. London-based Palliser Capital, which has built up less than a 1% stake, has argued Rio's dual Anglo-Aussie corporate structure made it difficult to pull off big acquisitions, the Financial Times reported.

Proactiveinvestors | 2 years ago
Rio Tinto Faces Class Action Over Bougainville Mine Impact

Rio Tinto Faces Class Action Over Bougainville Mine Impact

A class action against Rio Tinto has been filed in a Papua New Guinea court in relation to a long-shuttered copper mine that it offloaded in 2016.

Wsj | 2 years ago
Rio Tinto downgraded as China problems not going away, suggests Citi

Rio Tinto downgraded as China problems not going away, suggests Citi

Rio Tinto has been hit with a downgrade from US bank Citi after a 27% rally over the past year has eroded its deep valuation discount. Citi adds that it still has Chinese macro concerns and despite incentive measures from the government there, there is still little support for steel demand all the property indicators are still in deep contraction.

Proactiveinvestors | 2 years ago
Wall Street Bulls Look Optimistic About Rio Tinto (RIO): Should You Buy?

Wall Street Bulls Look Optimistic About Rio Tinto (RIO): Should You Buy?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Zacks | 2 years ago