|Bid||5,696.00 x 0|
|Ask||5,698.00 x 0|
|Day's range||5,660.00 - 5,723.00|
|52-week range||3,519.00 - 6,561.00|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||9.50|
|Forward dividend & yield||3.41 (6.04%)|
|Ex-dividend date||04 Mar 2021|
|1y target est||N/A|
Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the "Funding Plan") for the completion of the Oyu Tolgoi (OT) Underground Project in Mongolia. The Funding Plan addresses the estimated remaining known funding requirement of approximately $2.3 billion1, building on and replacing the arrangements established in the Memorandum of Understanding that Rio Tinto and TRQ previously entered into on 9 September, 2020.
Rio Tinto today released its 2020 Taxes paid: Our economic contribution report, which shows the company made a total direct economic contribution of $47 billion in the countries and communities where it operates, including $8.4 billion of taxes and royalties.
Rio Tinto has commenced production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine site in California, United States.