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.

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto’s Kennecott mine in Utah has experienced delays to the restart of the smelter due to unexpected issues that appeared following planned maintenance. We are working closely with our customers to limit any disruptions and expect to have the smelter fully operational in two months.

Rio Tinto: Update on refined copper guidance

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Three of four options would have avoided destruction of sites of ‘highest archeological significance’ in Australia, inquiry hears

Rio Tinto did not tell traditional owners blowing up Juukan Gorge site was just one option for mine

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today reiterated its determination to ensure that the destruction of heritage sites of exceptional archaeological and cultural significance, such as the Juukan rockshelters, never occurs again. In its submission to the Australian Parliamentary Inquiry into the destruction of the rockshelters at the Juukan Gorge in the Pilbara region of Western Australia, Rio Tinto sets out in detail its relationship with the Puutu Kunti Kurrama and Pinikura peopl

Rio Tinto publishes submission to Parliamentary Inquiry on Juukan Gorge

Rio Tinto stock has seen an impressive rise of close to 70% since the March lows of this year, as it increased from $36 to $61 off its recent bottom, compared to the S&P 500 which saw a 45% rise since its recent low. The stock was able to outperform the broader market due to a rise in global.

Rio Tinto Rebound Went Too Far?

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LONDON--(BUSINESS WIRE)--Rio Tinto has approved an additional investment of almost $200 million to progress the next stage of the development of the lithium-borate Jadar project in Serbia. This will primarily fund the feasibility study, including the completion of detailed engineering designs, as well as permitting and land acquisition by the end of 2021, in line with the initial project schedule.

Rio Tinto progresses the Jadar lithium project to feasibility study stage

Rio Tinto Group (LON: RIO) said that its net profit in the first half (H1) of the current fiscal year came in 20% lower but still raised its dividend payout (mid-year) on Wednesday. The company signalled uneven global recovery last week.

Rio Tinto’s board declares £1.20 a share of interim dividend

LONDON--(BUSINESS WIRE)--Rio Tinto Chief Executive J-S Jacques said “We have been agile and adapted our way of working, to deliver another resilient performance while navigating the new and ongoing challenges of dealing with COVID-19. Despite the challenging backdrop, we generated underlying EBITDA of $9.6 billion, with a margin of 47%, driven by our strong and stable operations, with all of our assets continuing to operate throughout the first half.

Rio Tinto declares interim ordinary dividend of $2.5 billion

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has disclosed the maiden Inferred Mineral Resource at the 100% owned Winu copper-gold project and revealed the discovery of a new zone of gold dominant mineralisation approximately 2 km east of the Winu deposit in the Paterson Province of Western Australia. The Inferred Mineral Resource, reported at a 0.2% copper equivalent cutoff, is 503Mt at 0.45% copper equivalent (CuEq).

Rio Tinto reveals maiden Resource at Winu and new discovery

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LONDON--(BUSINESS WIRE)--Rio Tinto has today submitted a formal complaint to the Icelandic Competition Authority (ICA) alleging abuse of market dominance by Landsvirkjun, the energy supplier to Rio Tinto’s ISAL aluminium smelter in Iceland. Rio Tinto is asking the ICA to address anti-competitive conduct by Landsvirkjun through discriminatory pricing and long-duration power contracts, so that the ISAL smelter and other Icelandic manufacturing and businesses are able to compete internationally.

Rio Tinto files complaint with Icelandic Competition Authority over ISAL smelter power agreement

Rio Tinto (LON: RIO) said on Friday that its iron ore shipments came in 1.5% higher in the second quarter. The company attributed the increase to China, where the steelmaking ingredient saw recovering demand as the largest Asian economy started to pull out of the COVID-19 crisis.

Rio Tinto reports a 1.5% increase in iron ore shipments in the fiscal second quarter

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Iron ore prices are currently at one-year highs as iron ore imports surged in China in June to the highest in 33 months while concerns of supply disruption is rife.

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Aboriginal and human rights groups on Thursday called for miner Rio Tinto Ltd to be stripped of its status as a human rights leader following its destruction of an Aboriginal sacred site showing evidence of 46,000 years of human habitation.

Aboriginal groups call for Rio to lose human rights status after caves blast

Rio Tinto stock has rallied 52% since late March (vs. about 35% for the S&P 500) to its current level of $56.

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I consider Rio Tinto a good choice for value investors.

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Rio Tinto on Friday launched a board-led review into how the miner destroyed two ancient and sacred Aboriginal caves in Western Australia.

Rio Tinto launches board review of blasts that destroyed ancient caves

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Iron ore boss reportedly told a staff meeting that the company was apologising for the distress caused, not the destruction

News for Rio Tinto plc Sponsored Stock (RIO)