Rio Tinto plc Sponsored

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper and Diamonds, Energy and Minerals, and Other Operations. The Iron Ore segment supplies global seaborne iron ore trade. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper and Diamonds segment offers gold, silver, molybdenum and other by-products. The Energy and Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the the curtailed Gove alumina refinery and Rio Tinto Marine operations. Rio Tinto was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.

Vale S.A.

Iron ore prices have pulled back from 2021's highs, but are still at a very solid level that allows for ample profits for both RIO and VALE. Both companies have clean balance sheets and generate compelling cash flows.

Vale Vs. Rio Tinto: Which Stock Is The Better Buy?

Turquoise Hill Resources

LONDON--(BUSINESS WIRE)--Rio Tinto notes the Turquoise Hill announcement today indicating that the Turquoise Hill Special Committee has terminated its review of Rio Tinto's non-binding proposal to acquire full ownership of Turquoise Hill for C$34 in cash per Turquoise Hill share (the “Proposed Transaction”). Rio Tinto is disappointed by the decision of the Special Committee and continues to believe that the terms of the Proposed Transaction would deliver compelling value for Turquoise Hill mino

Rio Tinto reiterates compelling value of proposal to acquire full ownership of Turquoise Hill

LONDON (Reuters) -Turquoise Hill Resources Ltd on Monday rejected an offer by majority shareholder Rio Tinto Ltd to buy the 49% stake it doesn't already own for $2.7 billion, as it did not reflect the Canadian company's full and fair value.

Turquoise Hill rejects Rio Tinto's $2.7 billion buyout offer

Rio Tinto is a high-quality mining name that is currently trading cheaply. It has strong long-term growth prospects, backed by a healthy balance sheet and recent expansionary moves.

Rio Tinto: Spice Up Your Dividend Portfolio

BHP Billiton

BHP Group and Rio Tinto investors have both been disappointed by their recent dividend cut. BHP cut its semi-annual dividend by 25% (to $3.00/share compared to $4.00/share a year ago).

BHP Group And Rio Tinto: Should You Expect Another Dividend Cut?

Global miner Rio Tinto has received several offers to build 4 gigawatts (GW) of wind and solar farms to power its alumina and aluminium operations in Australia's Queensland state, the company's Australia head said on Friday.

Rio Tinto attracts several proposls to build 4 GW of wind, solar power

MONTREAL, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to report that the heliborne VTEM-type (“VTEM”) electromagnetic survey launched last March has been completed on the Tête Nord nickel-copper (“Ni-Cu”) property. This property is currently wholly owned by Midland but has been under option since December 2021 by Rio Tinto Exploration Canada Inc. (“RTEC”) and is located near the town of La Tuque, Quebec.

Rio Tinto in Partnership With Midland Completes VTEM Survey and Identifies Several New Conductors on the Tête Nord Ni-Cu Project

Royal Gold

(Kitco News) - Rio Tinto announced Tuesday it has completed the sale of a royalty it holds on an area including the Cortez gold mine operational area and the Fourmile development project in Nevada to Royal Gold, for $525 million in cash.

Rio Tinto completes sale of Cortez gold royalty to Royal Gold for $525 million in cash

Gold Royalty Corp

Rio Tinto PLC (LSE:RIO) has completed the sale of its Cortez gold royalty shortly before royalty payments are due to start. The FTSE-100 miner said it sold the royalty, which covers an area that includes the Cortez mine and the Fourmile development project in Nevada, to a subsidiary of Royal Gold Inc.

Rio Tinto completes sale of Cortez gold royalty shortly before royalty payments due to start

LONDON--(BUSINESS WIRE)--Rio Tinto has completed the sale of a royalty it holds on an area including the Cortez mine operational area and the Fourmile development project in Nevada (the “Cortez Complex”) to RG Royalties LLC, a direct wholly-owned subsidiary of Royal Gold Inc., for $525 million in cash. The Cortez Royalty is a 1.2%1 gross production royalty on (i) the Cortez gold mine that is operated by Nevada Gold Mines, a joint venture between Barrick Gold Corporation (“Barrick”) and Newmont

Rio Tinto completes sale of Cortez Gold Royalty for $525 million in cash

Micro Focus International PLC

Shaw Communications

U.S. GDP fell at a 0.9% annual rate, making it the second consecutive quarter of negative GDP growth. Recession, slower growth, and inflation fears can drive companies to slash dividends.

3 Stocks That Slashed Dividends: Dividend Cuts You Could Have Avoided

RBC Capital Markets has tweaked down its share price expectations for Rio Tinto PLC (LSE:RIO) after the mining major halved the dividend earlier this week after earnings for the first six months undershot expectations. “Rio Tinto's result was largely in line to ahead of our forecasts but missed consensus EBITDA,” said RBC in a note to clients.

Rio Tinto PLC: After the dividend cut is the stock still a 'buy'? One leading broker has its say

MELBOURNE, Australia--(BUSINESS WIRE)--The government of the Republic of Guinea, Winning Consortium Simandou (WCS) and Rio Tinto Simfer today incorporated the La Compagnie du TransGuinéen (The TransGuinean Company) to further progress plans to co-develop the multi-purpose and multi-user infrastructure for the Simandou iron ore project. The joint venture incorporation is a significant milestone in implementation of the framework agreement signed among the parties on 25 March 2022. It has been fu

Government of Guinea, Winning Consortium Simandou and Rio Tinto Simfer incorporate La Compagnie du TransGuinéen (CTG) to co-develop the rail and port infrastructure for the Simandou iron ore project

(Kitco News) - Rio Tinto today announced a $10.5 billion net cash generated from its operating activities in H1 2022, which was 23% lower than H1 2021, flowed through to 30% lower free cash flow of $7.1 billion, which included a 6% decrease in capital expenditure to $3.1 billion.

Rio Tinto reports $8.9 billion in net earnings in H1 2022, announces interim dividend of $4.3 billion

Production at Rio Tinto PLC (LSE:RIO) was broadly flat, year-on-year, according to chief executive Jakob Stausholm. All to the good from the operational point of view, although things do look like they are coming off the rails at Simandou again.

Do Rio Tinto's poor financial numbers herald doom for the global economy?

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The current environment is detrimental for both cash and stocks. Investors might be prudent to look for real return-generating investment opportunities.

Cash And Equities Are Trash: Buy High Yield Commodities

Rio Tinto PLC (LSE:RIO) slashed its interim dividend and reported a 26% drop in underlying earnings in the first half on lower iron ore prices, higher energy prices and general inflationary pressures. Underlying profit (EBITDA) fell to US$15.6bn, from US$21.0bn in the year-earlier period, with lower commodity prices responsible for US$3.4bn of the decline and higher operating costs shaving off another US$1.3bn versus the first half of 2021.

Rio Tinto slashes interim dividend as EBITDA drops 26% on lower iron ore prices

Miner Rio Tinto reported a 29% drop in first-half profit on Wednesday, hurt by weaker iron ore prices due to cooling demand from top consumer China, higher costs and labour shortages.

Rio Tinto first-half earnings down 29% on weak iron ore prices

LONDON--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: "We remain focused on delivering on our long-term strategy, with a steady improvement in operating performance and some notable advances in our growth agenda. We continue to strengthen our partnership with the Mongolian government following commencement of underground mining at Oyu Tolgoi, delivered first iron ore from the Gudai-Darri mine and approved early works funding at the Rincon lithium project. "Market conditions w

Rio Tinto delivers underlying EBITDA of $15.6 billion and an interim dividend of 267 US cents per share

Australian iron ore miners Rio Tinto and Fortescue Metals Group Ltd are unlikely to see a repeat of record profits booked in recent years as they face soaring costs, falling prices and a tight labour market.

Rio Tinto, Fortescue record profits near end on price view, dim demand

Ford Motor Company

(Kitco News) - Rio Tinto announced today that the company has signed a non-binding global memorandum of understanding (MOU) with Ford Motor Company to jointly develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles.

Rio Tinto, Ford sign MOU for battery and low carbon materials supply to support net-zero future

Miners have dug up profits, but are the best days behind them?

Bear of the Day: Rio Tinto (RIO)

DEARBORN, Mich. & CHICAGO--(BUSINESS WIRE)--Ford, Rio Tinto sign MOU for battery and low carbon materials supply to support net-zero future

Ford, Rio Tinto sign MOU for battery and low carbon materials supply to support net-zero future

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While investing close to home is relatively the safest option, the best Australian stocks to buy can help expand your horizons. The post 7 Best Australian Stocks to Buy Now appeared first on InvestorPlace.

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MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has reached agreement with the Australian Taxation Office (ATO) on all tax matters in dispute. The agreement resolves the disagreement relating to interest on an isolated borrowing used to pay an intragroup dividend in 2015. It also separately resolves the pricing of certain transactions between Rio Tinto entities based in Australia and the Group's commercial centre in Singapore from 2010-2021 and provides certainty for a further five-year period

News for Rio Tinto plc Sponsored Stock (RIO)