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Rio Tinto Ord 10P (RIO)

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19-May-2022 10:38 AM

Rio Tinto revises Turquoise Hill funding as takeover talks continue

Rio Tinto PLC on Thursday said it revised its funding arrangements with Turquoise Hill Resources as the Canadian mining firm continues to evaluate Rio Tinto's all-cash takeover proposal. Rio Tinto said it agreed to amend the previously agr
20-Apr-2022 05:57 AM

TOP NEWS: Rio Tinto's Pilbara operations hit by virus at start of 2022

Rio Tinto PLC on Wednesday reported a ‘challenging’ quarter from its key Pilbara iron ore operations, though the miner left annual guidance unchanged. In the first three months of 2022, total iron ore shipments from the Western Aus
29-Mar-2022 08:31 AM

Rio Tinto completes acquisition of lithium project in Argentina

Rio Tinto PLC on Tuesday said it has completed its $825 million acquisition of the Rincon lithium project in Argentina. The London-based miner working in 35 countries bought the project from Rincon Mining, a company owned by fund managed by
14-Mar-2022 09:48 AM

TOP NEWS: Rio Tinto proposes buyout of Oyu Tolgoi mine owner

Rio Tinto PLC said on Monday it was proposing to acquire the entire remaining share capital of Turquoise Hill Resources Ltd, the partial owner of a massive copper mine in Mongolia. The Anglo-Australian miner has made a $2.7 billion non-bin
23-Feb-2022 08:31 AM

TOP NEWS: Rio Tinto declares record payout as prices boost profit

(Alliance News) - Rio Tinto PLC on Wednesday hiked its dividend to record levels for 2021, following a sharp rise in profit and revenue, driven by significant price rises for major commodities, more than offsetting a decline in output. S
20-Apr-2021 07:05 AM

Rio Tinto iron ore output drops after bad weather; affirms annual guidance ranges

Mining company Rio Tinto reported a drop in first-quarter iron ore production, but maintained its annual guidance ranges for all of its products. Output of the key steel-making ingredient from the group's Pilbara operations in Australia in the three
09-Apr-2021 07:25 AM

Rio Tinto announces final and special dividend currency exchange rates

Rio Tinto has confirmed its final dividend of 309.00 US cents per share and a special dividend of 93.00 US cents per share for the full year ending 31 December 2020. On 17 February 2021, Rio Tinto had announced a final dividend of 397.48 Australian cents
09-Apr-2021 07:11 AM

Rio Tinto enters binding agreement with Turquoise Hill Resources to fund completion of Mongolia Unde

Rio Tinto has entered into a binding Heads of Agreement with Turquoise Hill Resources for an updated funding plan of about $2.3 billion to complete the Oyu Tolgoi Underground Project in Mongolia. The funding plan builds on and replaces the arrangements
17-Feb-2021 07:14 AM

Rio Tinto declares special dividend as profit jumps 22%

Mining company Rio Tinto booked a 22% jump in annual profit after it benefited from higher iron ore prices, buoyed by Chinese demand for the key steelmaking ingredient. The Anglo-Australian company also hiked its ordinary dividend by 21% and added a spec
28-Jan-2021 07:53 AM

Rio Tinto unveils new structure and executive team

Mining group Rio Tinto has announced its new executive team, tasked with rebuilding trust and bolstering the company's ESG credentials. Chief executive Jakob Stausholm has appointed Simon Trott, currently chief commercial officer, as permanent chie
19-Jan-2021 07:14 AM

Rio Tinto annual iron ore output nudges 2% higher

Mining company Rio Tinto said its fourth-quarter iron ore production from Australia's Pilbara region rose 3% year-on-year, helping it to boost annual production by 2%. Output of the key steelmaking ingredient in the three months through December inc
10-Nov-2020 02:42 PM

Bluejay enters earn-in venture with Rio Tinto

Bluejay Mining has entered an earn-in venture with Rio Tinto over the former's operations in Finland. The AIM-listed exploration and development company has entered into an option to joint venture agreement with Rio Tinto on its Finnish Enonkoski ni
03-Nov-2020 08:26 AM

Rio Tinto board member to stand down

Rio Tinto has said David Constable, a non-executive director of the mining giant, will step down for his role from 31 December 2020. Constable, who has served on the Rio Tinto Board since 2017, was recently appointed as chief executive of construction a
16-Oct-2020 07:18 AM

Rio Tinto iron ore production edges lower; affirms full-year guidance

Mining company Rio Tinto reported a slight fall in third-quarter iron-ore production from Australia's Pilbara region on a year-on-year basis, as its operations returned to normal following disruptions caused by the Covid-19 pandemic. Pilbara iron or
24-Aug-2020 09:50 AM

Broker Forecast - UBS issues a broker note on Rio Tinto PLC

UBS today reaffirms its neutral investment rating on Rio Tinto PLC (LON:RIO) and raised its price target to 4500p (from 4400p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
19-Aug-2020 07:08 AM

Rio Tinto downgrades annual copper guidance amid Utah smelter issues

Mining company Rio Tinto downgraded its annual copper production guidance following technical issues at a smelter in Utah. Refined copper output for the year through December was now expected at between 135k and 175k tonnes, down from previous guidance o
11-Aug-2020 09:50 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Rio Tinto PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Rio Tinto PLC (LON:RIO) and raised its price target to 6500p (from 5590p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
05-Aug-2020 10:40 AM

Broker Forecast - Credit Suisse issues a broker note on Rio Tinto PLC

Credit Suisse today reaffirms its underperform investment rating on Rio Tinto PLC (LON:RIO) and raised its price target to 4100p (from 3900p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
30-Jul-2020 01:10 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on Rio Tinto PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Rio Tinto PLC (LON:RIO) and raised its price target to 5590p (from 5500p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
30-Jul-2020 09:00 AM

Broker Forecast - Deutsche Bank issues a broker note on Rio Tinto PLC

Deutsche Bank today reaffirms its buy investment rating on Rio Tinto PLC (LON:RIO) and raised its price target to 5000p (from 4900p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
29-Jul-2020 08:02 AM

Rio Tinto profit drops by a fifth, nudges dividend up 3%

Mining titan Rio Tinto booked a 20% drop in first-half profit amid disruptions from the Covid-19 crisis, though it lifted its interim dividend citing a strong balance sheet. Net income for the six months through June fell to $3.32bn, down from $4.13bn on
20-Jul-2020 09:10 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Rio Tinto PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Rio Tinto PLC (LON:RIO) and raised its price target to 5500p (from 5440p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-Jul-2020 07:06 AM

Rio Tinto sticks to iron-ore output guidance as quarterly shipments rise 1%

Mining company Rio Tinto stuck to its annual iron-ore output guidance after it produced more of the key steel-making ingredient in the second quarter. Iron ore production in the three months through June rose 4% on-year to 83.2m tonnes, while shipments r
15-Jul-2020 01:40 PM

Broker Forecast - Goldman Sachs issues a broker note on Rio Tinto PLC

Goldman Sachs today reaffirms its neutral investment rating on Rio Tinto PLC (LON:RIO) and cut its price target to 4410p (from 4440p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
15-Jul-2020 10:30 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Rio Tinto PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Rio Tinto PLC (LON:RIO) and raised its price target to 5440p (from 5140p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...

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