Rio Tinto Stock News

In the world of electric vehicles and clean energy, lithium is the new oil. The metal powering batteries that run everything from smartphones to Tesla's Model 3 is suddenly back in the spotlight.

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has approved investment of US$180 million and commenced work on the Norman Creek access project at the world-class Amrun bauxite mine on Queensland's Cape York Peninsula. The Norman Creek access project will enable mining of the Norman Creek region of Amrun, which holds approximately half of the currently declared Amrun Ore Reserves of 978 millio...

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has today published detailed information on its global tailings facilities, in alignment with the Global Industry Standard on Tailings Management (GISTM). The disclosure includes updated information on 14 tailings facilities rated Very High or Extreme consequence under GISTM classifications (as previously disclosed on 4 August 2023), along with n...

RIO is uniquely positioned to benefit from surging demand for copper and bauxite if aluminum-ion battery technology is commercialized, especially by Tesla. The stock is undervalued, offers a 6.7% dividend yield, and management is committed to a 60% payout ratio, supporting strong total returns. Even if the new battery technology fails, RIO's diversified mining operations and exposure to copper ...

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 3.9%, w...

Deutsche Bank has downgraded Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) to 'hold' from 'buy', following a strong run in the shares driven by a rebound in iron ore prices. The broker argues that, while Rio continues to deliver solidly and will soon welcome a new chief executive, much of the good news is already reflected in the share price.

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) shares slipped lower on Wednesday after interim results showed the mining major's softest first half profit for five years. At $4.81 billion first-half underlying earnings were down 16% on the same period a year ago.

LONDON--(BUSINESS WIRE)--Rio Tinto (LSE:RIO) (ASX:RIO): 6% CuEq production uplift YoY, delivering on strategy through focus on our four objectives Rio Tinto Chief Executive Jakob Stausholm said: "We are delivering very resilient financial results with an improving operational performance helped by our increasingly diversified portfolio. Underlying EBITDA of $11.5 billion and operating cash flow...