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.

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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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

Leaked tape reveals Rio Tinto does not regret destroying ancient rock shelter to expand mine

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Reconciliation Australia ends partnership with Rio Tinto over destroyed heritage site

Rio Tinto stock (NYSE: RIO) has seen lot of movement so far this year – dropping by about 39%, from $59 at the end of 2019 to $36 as on 23rd March 2020, as growing fears around the coronavirus outbreak triggered a sell-off across global equity markets.

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Iron-ore prices are riding high on increased demand from China and fears of supply disruption as coronavirus cases spike in Brazil.

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Mining giant Rio Tinto has apologized after blowing up a 46,000-year-old sacred indigenous site with dynamite to expand an Australian iron ore mine.

Mining giant apologizes for blowing up 46,000-year-old sacred indigenous site

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Rio Tinto Ltd will pay out part of a delayed bonus to former Chief Executive Sam Walsh after a dispute resolution process found that the payments should not be held up, both parties said on Thursday.

Rio Tinto to pay ex-CEO's deferred bonus with interest

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News for Rio Tinto plc Sponsored Stock (RIO)