RIO.L - Rio Tinto Group
| Previous close | 4,676.50 |
| Open | 4,686.00 |
| Bid | 4,629.00 x N/A |
| Ask | 4,629.50 x N/A |
| Day's range | 4,606.50 - 4,689.50 |
| 52-week range | 3,460.50 - 4,790.50 |
| Volume | 2,804,070 |
| Avg. volume | 3,476,856 |
| Market cap | 51.976B |
| Beta (3Y monthly) | 1.29 |
| PE ratio (TTM) | 5.89 |
| EPS (TTM) | 787.60 |
| Earnings date | N/A |
| Forward dividend & yield | 2.33 (5.21%) |
| Ex-dividend date | 2019-03-07 |
| 1y target est | 53.70 |
Bloomberg•10 hours agoThe Global Diamond Glut Worsens
Sales by the Anglo American Plc unit dropped 25% from a year ago to $415 million, and were down 29% from an offering last month. It’s often a quieter time of the year because the industry has already restocked after the key holiday period, but total sales so far in 2019 are still much weaker than in previous years. In December, some of Rio Tinto Group’s customers refused to buy cheaper stones, while De Beers was forced to cut prices toward the end of last year and offer concessions to buyers.
Market Realist•4 days agoWhy Iron Ore Prices Could Have More Upside after Breaching $100
As Vale Warns of a Possible Dam Collapse, Iron Ore Surges(Continued from Prior Part)Reduced supply of iron oreIron ore miners, including Vale (VALE), BHP Billiton (BHP), and Rio Tinto (RIO), have signaled reduced iron ore production, and steel mills
Bloomberg•5 days agoA New Diamond-Mining Boat Will Hoover Up Gems Off Namibia’s Coast
Anglo’s De Beers unit already has a fleet of boats that hoover up the precious stones on the Atlantic Ocean, through a 50:50 partnership with Namibia. The southern African nation’s diamonds, which have been washed down the Orange River from South Africa over millions of years and deposited in the ocean, are key to De Beers because of their high quality.
- Simply Wall St.•6 days ago
What Are Analysts Saying About Rio Tinto Group's (LON:RIO) Future?
Rio Tinto Group's (LON:RIO) released its most recent earnings update in December 2018, which confirmed that the...
- Reuters - UK Focus•7 days ago
Over 40% of minority shareholders of Turquoise Hill oppose independent directors
A large proportion of the minority shareholders in Rio Tinto Plc-controlled Turquoise Hill Resources voted against the re-election of the company's independent directors on Tuesday. While all seven directors were re-elected to the board, according to a Turquoise Hill filing, over 40% of Turquoise Hill's minority shareholders, including its second-biggest investor, Sailingstone Capital Partners, voted against the four independent directors.
- Reuters - UK Focus•7 days ago
BHP to keep Nickel West, Rio looks to Jadar lithium for battery boom
Global miner BHP will hold on to the Australian nickel operations it previously put up for sale, while Rio Tinto is working on copper and lithium projects as the mining industry bets on demand for electric vehicle (EV) batteries. The biggest mining companies say they are well positioned to provide the metals needed for the shift to EV technology, although they acknowledge the political risks and environmental issues in some of the countries where the best supplies are found.
- Reuters•7 days ago
Norsk Hydro looks to master magnetism to keep carbon promise
KARMOEY, Norway/LONDON (Reuters) - In the cavernous chamber of Norsk Hydro's aluminium smelter on the Norwegian island of Karmoey, the magnetic forces are so strong they make heavy iron wrenches float out of the hands of workers. The company is piloting a technology that tames the effects of that powerful magnetic field, which is a consequence of the electrolysis process to make aluminium and leaches away energy. Norsk Hydro told Reuters it was using mathematical models to mitigate the effect of the magnetism and other energy waste.
- Market Realist•12 days ago
Vale’s Production Loss Has Become Its Peers’ Gain—Here’s How
Vale’s Production Loss Has Become Its Peers' Gain—Here’s HowVale’s first-quarter productionVale (VALE) published its first-quarter production report on May 8. With the release of the report, the company’s shipment data have become much
- Reuters•12 days ago
Rio Tinto shipping more aluminium to Europe as U.S. demand slows
Rio Tinto has begun shipping more aluminium to markets like Europe to offset slowing demand from the United States partly caused by the trade dispute between China and the U.S., Chief Executive Jean-Sébastien Jacques said on Thursday. Jacques said that demand for Rio Tinto's products had not been impacted by the dispute, which is threatening to escalate this week. An agreement could avert a sharp increase in U.S. tariffs on Chinese goods that President Donald Trump has threatened to impose on Friday.
Yahoo Finance•13 days agoFollow copper to see if market bulls keep running: analyst
Money managers rely on Doctor Copper to help them chart investment strategies.
Reuters•13 days agoBig Four miners languish amid demand, ESG, capex concerns
The world's biggest diversified miners have yet to see their share prices reflect their role as providers of the minerals needed for a shift to a low-carbon economy. Mining companies provide minerals such as cobalt used in electric vehicle batteries and copper for increased electrification, and the sector's balance sheets are in rude health. Reminders of the dangers include a disaster in Brazil at a Vale tailings dam in January that killed an estimated 300 people, and a U.S. corruption investigation into Glencore, announced in April.
- Reuters•15 days ago
Rio Tinto to buy autonomous mining truck fleet from Caterpillar
Rio Tinto has agreed to buy a fleet of autonomous trucks and other mining equipment from Caterpillar for its new Koodaideri iron ore mine in Western Australia, it said on Tuesday. Caterpillar will supply a fleet of 20 autonomous 793F trucks as well as four autonomous blast drills for the mine, which Rio is developing for $2.6 billion (£1.98 billion) with first production expected to start by the end of 2021. The mine is expected to underpin Rio's production of its flagship Pilbara Blend iron ore, sustaining its current output of more than 330 million tonnes a year which it draws from 16 mines in the region.
- Motley Fool•16 days ago
This Diversified Miner Finally Has Its Debt Back in Check
Teck Resources' financial health was a big question mark a few years back, but it's now official: It's fixed the problem, and that's a good thing
- Fool.co.uk•16 days ago
I’d buy these 5%+ yielding FTSE 100 dividend stocks today to beat the State Pension
These FTSE 100 (INDEXFTSE:UKX) dividend shares could deliver high returns in my view, which may help investors to overcome the disappointing State Pension.
CNBC•19 days agoMining powerhouse Rio Tinto switches to renewable energy at Utah facility
The business wants to cut its carbon footprint through purchase of renewable energy certificates.
- Simply Wall St.•21 days ago
Why Rio Tinto Group's (LON:RIO) CEO Pay Matters To You
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In 2016 J-S Jacques was appointed CEO of Rio Tinto Group (LON:RIO). This report will, firs...
- Reuters - UK Focus•21 days ago
Rio Tinto CEO says 'firmly believes' U.S., China to make trade pact
Copper miner Rio Tinto Ltd "firmly believes" that the United States and China will ink a trade deal, Chief Executive Jean-Sebastien Jacques told the CNBC television network on Tuesday. Jacques ...
- Market Realist•22 days ago
Freeport-McMoRan: What to Expect after Last Week’s Sell-Off
Freeport-McMoRan: What to Expect after Last Week’s Sell-OffFreeport-McMoRan Freeport-McMoRan (FCX), the leading US-based copper miner (XME), saw a selling spree after its first-quarter earnings were released. The company missed the mark on most of
- Fool.co.uk•26 days ago
A 5%-yielding FTSE 100 dividend stock I’d buy and hold forever
Stunning cash generation makes this FTSE 100 (INDEXFTSE: UKX) stock a buy for Roland Head.
Market Realist•26 days agoCleveland-Cliffs’ Upside: Vale’s Dam Burst and Supply Disruptions
What’s in the Cards for Cleveland-Cliffs’ Q1 Results?(Continued from Prior Part)Vale’s dam burst On January 25, a major disaster struck Vale (VALE) when a dam ruptured at one of its mines in Brazil (EWZ). More than 300 people died when the
- Market Realist•27 days ago
Cleveland Cliffs: Realized Price Expectations in 2019
What’s in the Cards for Cleveland-Cliffs’ Q1 Results?(Continued from Prior Part)Realized revenues In addition to volumes, realized revenues are among the most important components that drive a commodity company’s top line. Sign up for Bagels
- Market Realist•28 days ago
Iron Ore Prices Could Be Supported after Vale’s Mine Restart
Iron Ore Prices Could Be Supported after Vale’s Mine Restart(Continued from Prior Part)Iron ore prices fall Iron ore prices took a major step up after supply disruptions from Vale (VALE) became evident. Read Is the Party Just Getting Started for
- Market Realist•28 days ago
Vale: No Production Upgrade despite Authorization to Reopen Mine
Iron Ore Prices Could Be Supported after Vale’s Mine RestartMine restart authorizedOn April 16, a Brazilian (EWZ) court gave Vale (VALE) authorization to restart its operations at the Brucutu mine. After the dam burst in January, the court
- Motley Fool•last month
Is Vale Stock a Buy?
The beleaguered miner looks like a good value, but what about its risk profile?
- Fool.co.uk•last month
I’d dump Vodafone shares for this FTSE 100 income champ
Vodafone plc (LON:VOD) sports one of the highest dividend yields in the FTSE 100 (INDEXFTSE:UKX), but the payout is on shaky ground, writes Rupert Hargreaves.
