Rio Tinto Plc Sponsored ADR (RIO)
Rio Tinto (RIO) Inks Deal to Buy 11.65% Stake in Boyne Smelters
Rio Tinto (RIO) is set to acquire Mitsubishi's 11.65% interest in Boyne Smelters, taking its interest in the venture to 73.5%.
Rio Tinto valuation boosted by copper surge - here's why
Deutsche Bank has raised its target for shares in Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF)to 6,200p a share from 6,000p following the steep rise in the price of copper. It pointed out the red metal reached the bank's previous year-end target of $10,000 per tonne, reflecting improving global growth "and a surge in speculative flows against a backdrop of structurally tight supply".
Rio Tinto (RIO) Invests in R&D Facility for BioIron Testing
Rio Tinto (RIO) is building a research and development facility in Western Australia to test the BioIron process, which is expected to aid in decarbonizing the global steel value chain.
Brokers Suggest Investing in Rio Tinto (RIO): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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.
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.
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.
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.
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.
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.
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.
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.
