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.

The company says it will pay a total dividend for the year of $10.40 a share, including a special dividend of $2.47.

Rio Tinto to Pay Its Highest-Ever Dividend After Posting Record Profit

Rio Tinto PLC, the world's second-biggest mining company by market value, reported its full-year results for 2021 on Wednesday. Here's what you need to know:

Dow Jones Newswires: Rio Tinto reports record full year earnings, dividend

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: "Our people have continued to safely run our world-class assets and are working hard to improve our operational performance, despite challenging operating conditions from prolonged COVID-19 disruptions. The recovery of the global economy, driven by industrial production, resulted in significant price strength for our major commodities, which we were able to capture, achieving record financial results with fre

Rio Tinto announces record financial results and total dividend of 1,040 US cents per share for 2021, a 79% payout

Rio Tinto PLC (LSE:RIO) looks set to keep its crown as the dispenser of mega dividends when it releases full-year results on Wednesday. Based on payments over the last year, the mining giant and despoiler of Aboriginal heritage sites is already the king of London's dividend payers, coughing up £5.5bn over the last year, putting it a cool half a billion ahead of Shell PLC (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL), the oil titan.

Rio Tinto to keep its crown as king of the dividends

MELBOURNE, Australia--(BUSINESS WIRE)--The Tasmanian Government and Rio Tinto will work together to ensure a strong and sustainable future economy for George Town, the Tamar Valley region and Tasmania, in a new partnership signed today at the Bell Bay Aluminium smelter. The partnership will seek to drive economic growth and employment outcomes in the State and support the Tasmanian Government's target of doubling renewable electricity generation by 2040. Under the Memorandum of Understanding (M

Tasmania and Rio Tinto partner for a strong and sustainable future at Bell Bay

Recent market overreaction to iron ore prices has created an enticing entry opportunity for Rio Tinto. Its valuation bottomed in 2021 at a mere 5.2x P/E and marked the beginning of the new cycle.

Rio Tinto's New 10-Year Cycle And Our Barbell Retirement Strategy

Rio Tinto PLC (LSE:RIO) said it agreed on a new management plan with Yinhawangka Aboriginal Corp to ensure the protection of significant social and cultural heritage values as part of the miner's proposed development of the Western Range iron ore project in the Pilbara region of Western Australia. The management plan is the result of strong collaboration over the past year between the Yinhawangka people and Rio Tinto and outlines protocols for joint decision making on environmental matters, mine planning and closure, it said.

Rio Tinto to work with Yinhawangka people on proposed Western Range iron ore project

TAMARACK, Minn.--(BUSINESS WIRE)--The US Department of Energy has awarded $2.2 million of funding to a Rio Tinto-led team to explore carbon storage potential at the Tamarack nickel joint venture in central Minnesota. Rio Tinto has assembled a team of climate innovation and research leaders to explore new approaches in carbon mineralisation technology as a way to safely and permanently store carbon as rock. Rio Tinto will contribute $4 million in funding for the 3-year project, in addition to th

DOE backs Rio Tinto led team to explore carbon storage at Tamarack

Rio Tinto said on Monday it has agreed a heritage protection plan with an Indigenous group for a project in West Australia as it looks to avoid a repeat of the backlash it faced for destroying the sacred Juukan Gorge rock shelters.

Rio Tinto agrees heritage protection plan for West Australia iron ore project

PERTH, Australia--(BUSINESS WIRE)--Yinhawangka Aboriginal Corporation (YAC) and Rio Tinto have agreed on a new co-designed management plan to ensure the protection of significant social and cultural heritage values as part of Rio Tinto's proposed development of the Western Range iron ore project in the Pilbara region of Western Australia. The Social, Cultural Heritage Management Plan (SCHMP) is the result of strong collaboration over the past year between the Yinhawangka people and Rio Tinto in

Yinhawangka people and Rio Tinto agree new social, cultural heritage plan

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Rio Tinto: More Challenging Fed Tone Adds A Touch Of Caution

The incoming chairman of Rio Tinto will review the position of CEO Jakob Stausholm to determine whether he is suitable to lead an overhaul of the company's toxic work culture, two people familiar with the matter said.

Exclusive-New Rio Tinto chairman to weigh CEO's future amid toxic culture crisis - sources

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South Africa's labour ministry on Thursday urged Rio Tinto workers to report instances of discrimination after the Anglo-Australian miner released an internal report detailing sexual assault, racism, and bullying across its mines.

South Africa urges Rio Tinto workers to report cases of discrimination

Anglo-Australian miner Rio Tinto's admissions of sexual assault, racism and bullying in an internal report have sparked calls from investors for the entire industry to clean up its act.

Investors urge miners to change ways after damning Rio Tinto workplace report

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto notes Energy Resources of Australia Ltd (ERA) today released the preliminary findings from its reforecast of the cost and schedule for the Ranger rehabilitation project in Australia's Northern Territory, which have been subject to independent review (www.energyres.com.au). This release follows ERA's announcements on 27 September 2021, 8 October 2021 and 19 November 2021 where ERA forecast cost and schedule overruns for the Ranger rehabilitation p

Rio Tinto notes ERA update on Ranger mine

A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five years.

Rio Tinto report finds 'disturbing' culture of sexual harassment, racism and bullying

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today published a comprehensive external review of its workplace culture, commissioned as part of its commitment to ensure sustained cultural change across its global operations. The review, which was carried out by former Australian Sex Discrimination Commissioner Elizabeth Broderick, identified disturbing findings of bullying, sexual harassment, racism and other forms of discrimination throughout the company. The review is part of the work bein

Rio Tinto releases external review of workplace culture

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To what extent is Rio Tinto PLC (LSE:RIO) in control of its own destiny? Within the space of a few days the company has been summarily ejected from one country in which it was having considerable difficulties – Serbia – and welcomed back into the fold in another – Mongolia.

Rio Tinto blinks at Oyu Tolgoi after eviction from Serbia

Rio Tinto PLC (LSE:RIO) and the Mongolian government have reached an agreement in their long-running dispute over who pays for the US$7bn underground expansion of the huge Oyi Tolgoi copper mine. "It's a major relief.

Rio Tinto and Mongolian government settle Oyu Tolgoi payments dispute

Rio Tinto PLC (NYSE:RIO) stock is down 2.6% to trade at $74.18 at last check, after Serbia revoked the mining company's lithium exploration licenses amid environmental protests.

News for Rio Tinto plc Sponsored Stock (RIO)