Rio Tinto Group (RIO) News
Market Cap: $102.08B
Avg Volume: 3.14M
Industry: Industrial Materials
Sector: Basic Materials
On the Front Line of Trump's Trade War: Rio Tinto's New Smelter
Rio Tinto's bet to build the first big Western aluminum smelter in more than a decade in Québec's Saguenay-Lac-Saint-Jean region was somewhat of a gamble, even before Trump's latest 25% tariff took effect.
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Rio Tinto one of US investment bank's top picks as it turns bullish on mining
JPMorgan has turned bullish on mining stocks, naming London-listed giants Rio Tinto, Antofagasta and Fresnillo among its top picks as it upgraded the global sector to 'overweight' for the first time in over a year. The bank's equity strategists said they expect a rebound in metals prices and mining shares in the coming months, after a long stretch of underperformance.
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Palliser Capital Urges Fellow Shareholders to Vote FOR Resolution Demanding a Fully Transparent and Independent Review of Rio Tinto's Value Destructive Dual Listed Company Structure
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today published a letter to shareholders of Rio Tinto (the “Company”) calling for them to vote in favor of the long-overdue full and proper investigation into the merits of unification of Rio Tinto's dual listed company (“DLC”) structure, in line with the recommendations from leading international proxy advisors ISS and Glass Lewis. Palliser's letter to shareholders outlines the corporate governance shortcomings of Rio Tinto's cursory inter.
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Rio Tinto one of the top copper picks as Wall Street bank stays bullish on the red metal
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) is one of JPMorgan's top picks in the copper sector, as the investment bank doubled down on its bullish outlook for the red metal in 2025. In a fresh research note, analysts said they expect global copper supply to fall short of demand starting next year, with the deficit widening significantly by the end of the decade.
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Rio Tinto Has ‘Strong Desire' to Invest More in U.S., Copper Chief Says
The world's second-biggest miner by market value wants to increase its investment in the U.S. after President Trump signed an executive order to streamline permitting processes and boost government financing for minerals projects.
wsj.com
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Is It Worth Investing in Rio Tinto (RIO) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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RAD's RIO Lineup Now Starlink-Compatible, Expanding Market Reach to Remote Industries
ROAMEO Up Next for Extended Off-Road Long-Distance Patrols Detroit, Michigan--(Newsfile Corp. - March 19, 2025) - Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX), is thrilled to announce that its RIO (ROSA Independent Observatory) lineup is now fully compatible with Starlink, enabling seamless and high-speed satellite connectivity. This development significantly expands RIO's ability to operate in even the most remote and extreme environments, making it an even more valuable solution for industries such as oil and gas, mining, and other infrastructure operations in off-grid locations.
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Rio Tinto says activist call to abandon London 'value destructive'
Rio Tinto Ltd's (LSE:RIO, ASX:RIO) board has called for shareholders to vote against a resolution proposed by activist Palliser Capital for the company to give up its London listing. The activist investor last year called for a committee of independent directors and an external shareholder representative to assess whether unification into an Australian-domiciled holding company would be in the best interests of shareholders.
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ISS Joins Glass Lewis in Recommending Shareholders Vote FOR Palliser's Proposal at Rio Tinto's AGM
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today welcomed the endorsement of leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) of its resolution at the Annual General Meeting (AGM) for Rio Tinto Plc (LSE:RIO) on April 3, 2025. This follows Glass Lewis' endorsement on 14 March 2025. ISS notes that the BHP transaction particularly sets “a precedent that is difficult to dismiss”, evidently unconvinced by Rio Tinto's explanation in its recent letter to s.
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Rio Tinto Board Recommends Investors Vote Against Call for Dual-Listing Review
The Anglo-Australian mining giant unanimously recommended that shareholders vote against a resolution by an activist investor calling for an independent review of its dual-listed structure.
wsj.com
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Rio Tinto boost as leading investment bank provides its seal of approval
JP Morgan has resumed coverage of Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) with an upbeat assessment of the prospects for the mining major - encapsulated in its 'overweight' stance on the stock and its price target of 5,920p, implying a 20% upside. The investment bank now sees Rio as its top pick among European, Middle Eastern, and African diversified miners, citing strong growth prospects and an attractive valuation.
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Glass Lewis Endorses Palliser's Proposal for Review of Rio Tinto's DLC Structure
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today welcomed Glass Lewis' endorsement of its resolution at the Annual General Meeting (AGM) for Rio Tinto Plc (LSE:RIO) on April 3, 2025. Palliser has been pushing for Rio Tinto to conduct an independent, comprehensive and transparent review of the unification of its dual listed company (DLC) structure into a single Australian-domiciled holding company, arguing that shareholders deserve more than the closed-door internal assessment conduc.
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Workers sign petition for collective bargaining at Rio Tinto's Pilbara mine
Australia's Western Mine Workers Alliance (WMWA) said on Thursday that more than 400 workers at Rio Tinto's Paraburdoo iron ore mine in Pilbara region have signed a petition to support collective bargaining.
reuters.com
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Rio Tinto and Edify Energy sign landmark solar and battery agreement for Rio Tinto's Gladstone operations
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto and Edify Energy have signed two new solar and battery hybrid services agreements (HSAs) to increase the supply of reliable, competitively priced electricity to Rio Tinto's Gladstone aluminium operations in Queensland. Under the agreements, Rio Tinto will purchase 90% of the power and battery storage capacity generated by the Smoky Creek & Guthrie's Gap Solar Power Stations for 20 years. Edify Energy will build, own, and operate the projects,.
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JPMorgan scoops over 5% stake in mining major Rio Tinto
JPMorgan Chase has taken a 5.36% stake in Australia's mining conglomerate Rio Tinto , an exchange filing to the local bourse showed on Thursday.
reuters.com
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Rio Tinto Has A Nice Blend Of Commodities At A Reasonable Price
Rio Tinto's diversified portfolio, including its recent lithium acquisition, aims to reduce reliance on iron ore amid fluctuating Chinese demand and market dynamics. Despite low valuation metrics, Rio Tinto boasts strong profitability with a 20.25% ROE and a 6.45% dividend yield, appealing to income investors. The $6.7B Arcadium Lithium acquisition positions Rio Tinto as a top lithium producer, leveraging low market prices for future growth.
seekingalpha.com
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Rio Tinto Finance (USA) plc prices US$9.0 billion of fixed and floating rate notes
LONDON--(BUSINESS WIRE)--Rio Tinto has priced US$9.0 billion of fixed and floating rate SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) plc and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited. The bond offer consists of eight tranches and the principal amount, tenor and coupon for each tranche are as follows: US$500 million two-year notes priced at a fixed coupon of 4.375% maturing in 2027 US$750 million three-year notes pr.
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Insight: The fatal cost of Rio Tinto's flagship iron ore project
A routine night shift ended in tragedy for Alseny Camara.
reuters.com
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Rio Tinto Completes Arcadium Lithium Deal, Expands Lithium Footprint
RIO completes the acquisition of Arcadium Lithium, positioning it as the world's third largest lithium supplier.
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Rio Tinto splashes $1.8bn on iron ore mine as Arcadium takeover completes
Rio Tinto Ltd has firmed up completion of its acquisition of Arcadium Lithium and said $1.8 billion will be spent on extending the Brockman iron ore mine in Western Australia. Arcadium had been taken over for $6.7 billion following court approval, Rio said on Thursday, leaving shareholders set to receive $5.85 a share each.
proactiveinvestors.co.uk
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Palliser Capital Responds to Rio Tinto's Decision to Allow Australian Shareholders to Vote on Merits of Unification at Limited AGM
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today reacts to the decision by Rio Tinto's Board to allow the shareholders of Rio Tinto Limited (ASX: RIO) to vote on its co-filed resolution at the upcoming Limited AGM. Despite Palliser's resolution being included on the AGM agenda for Rio Tinto Plc (LSE: RIO), the Rio Tinto Board originally failed to submit that same resolution to the Limited AGM. Rio Tinto has now amended its AGM notices, originally posted on 19 February 2025, to inclu.
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Midland, in Partnership With Rio Tinto Exploration Canada, Resumes Drilling for Lithium on the Galinée Project
MONTRÉAL, March 03, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with Rio Tinto Exploration Canada Inc. (“RTEC”), is pleased to announce the start of a second drilling campaign for lithium on the Galinée project. The Galinée project is located approximately 5 kilometers east of the Adina lithium deposit held by Winsome Resources (“Winsome”), is wholly owned by Midland, and is subject to an option agreement signed with RTEC in June 2023 (see press release by Midland dated June 14, 2023) and amended in April 2024 (see press release by Midland dated April 23, 2024).
globenewswire.com
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Shipping resumes at Rio Tinto's East Intercourse Island facility at Dampier Port
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto's East Intercourse Island (EII) facility at Dampier Port in Western Australia's Pilbara region has resumed operations after being impacted by Tropical Cyclone Sean. A railcar dumper at the EII port facility was flooded when Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline, including 274mm to Karratha, on 20 January 2025. Dumper operation at EII resumed last week and the first ship was loaded today. As stated in the ful.
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Workers seek collective bargaining at Rio Tinto Pilbara mine
Australia's Mining and Energy Union said on Thursday it would launch a petition at Rio Tinto's Paraburdoo mine in the Pilbara region that would allow workers to initiate bargaining for a collective agreement for the first time in over 20 years.
reuters.com
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RIO Moves Below 200-Day SMA Post FY24 Earnings: How to Play the Stock?
Rio Tinto shares plunge on delivering year-over-year declines in FY24 revenues and earnings. Let us analyze what stance investors should take on the stock.
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SAGA Metals Updates On Rio Tinto's Field Progress at Optioned Legacy Lithium Project
VANCOUVER, British Columbia, Feb. 25, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to provide an update on the 2024 field program at the Legacy Lithium Project in James Bay, Quebec, operated by Rio Tinto Exploration Canada Inc. (RTEC). RTEC is a Canadian subsidiary of the Rio Tinto Group (LSE: RIO, ASX: RIO, NYSE: RIO).
globenewswire.com
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How Two High-Yield Picks Can Boost Your Portfolio's Income: One Yields 20%
How Two High-Yield Picks Can Boost Your Portfolio's Income: One Yields 20%
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Palliser Capital Responds to Rio Tinto's Disenfranchisement of the Company's Australian Shareholders in the Unification Debate
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today published a letter to Rio Tinto's Board in its ongoing battle for an independent, comprehensive and transparent review of the Board's anomalous conclusion to retain its dual listed company (“DLC”) structure. The letter questions the Board's obtuse decision to recommend against the shareholder resolution Palliser co-filed requiring that review, when the process requested is entirely in line with best practices for a matter of such crit.
businesswire.com
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This Mining Giant is Going All-In by Buying this Lithium Stock
Once upon a time, FMC Corporation (NYSE: FMC) stock was a lithium stock. It isn't anymore, hasn't been for years, and its poor showing earlier this month, when weaker than expected sales resulted in a big (74%) decline in reported profit, may highlight the risk of abandoning diversification and focusing too exclusively on just one sector (agricultural chemicals).
fool.com
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Rio Tinto: Financial Weakness To Continue In 2025
Rio Tinto's 2024 performance was weak, with a 1% decline in sales revenue and an 8% drop in underlying EPS due to challenges with its chief commodity, iron ore. The financial outlook for 2025 isn't positive either, with projected declines in revenue and EPS, and continued weakness in iron ore prices and limited expected change to production. Dividends can drop again in 2025, though the forward yield still isn't too bad at 5.5%.
seekingalpha.com
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BHP Group: Long-Standing Preference For Rio Tinto, Neutral Rating Confirmed
We maintain a neutral rating on BHP Group due to balanced risk-reward, materialized Samarco settlement risks, and preference for Rio Tinto's cheaper valuation and organic growth. BHP's H1 2025 results showed a $2 billion sales decline, an 11% drop in EBITDA, and unchanged production guidance despite strong operational performance and lower unit costs. BHP's net debt is expected to rise to $15 billion, and its dividend payout will be trimmed by 50%. This is due to CAPEX plans and settlement costs.
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Rio Tinto off 1.5% after below-par results; rejects London de-listing calls
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) shares slipped 1.5% overnight after the miner reported its lowest full-year earnings in five years and pushed back against calls to consolidate its dual-listed structure in Sydney. The company posted underlying earnings of $10.87 billion for 2024, down from $11.76 billion the previous year and slightly below analyst forecasts.
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Rio Tinto Board changes
LONDON--(BUSINESS WIRE)--Rio Tinto today announces a number of Board changes. Rio Tinto Chair Dominic Barton said: “As we reported last year, the size of the Board peaked at 14 Directors as we retained the expertise and experience of our longer-serving Directors during a transitional period as newer Directors familiarise themselves with the Group. That transitional phase is now largely concluded so we will make the following changes to the Board during 2025. “At the conclusion of the Rio Tinto.
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Rio Tinto: Strong operating performance underpins financial results
LONDON--(BUSINESS WIRE)--Rio Tinto (LSE:RIO) (ASX:RIO): Resilient financials with underlying EBITDA of $23.3 billion, despite 11% lower iron ore price*. Higher net cash generated from operating activities of $15.6 billion, driven by portfolio mix and effective working capital management. Profit after tax attributable to owners of Rio Tinto (referred to as "net earnings" throughout this release) of $11.6 billion. Full year ordinary dividend of $6.5 billion, a 60% payout: nine-year track record a.
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Buy And Hold These Ten Cheap Lithium Juniors Ready For A Potential Lithium Recovery From 2026 Onwards
The lithium market has been in a severe bear market. Delays in major projects like Zijin Mining's 3Q Project could roughly balance the market from 2026 to 2028. Booming EV and BESS sales, if they continue, could cause large lithium deficits from 2029 onwards. Strong lithium demand and potential deficits set up a favorable scenario for patient investors in quality junior lithium miners over the next 5-7 years.
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Rio Tinto operated Aussie mine has new Japanese shareholder
Japan's Mitsui & Co is paying $5.34 billion for a 40% stake in the Rhodes Ridge iron ore project in Western Australia, operated by Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF). Rhodes Ridge is one of the world's largest untapped iron ore deposits, with 6.8 billion tonnes of mineral resources.
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Rio Tinto notes Mitsui has agreed to join Rhodes Ridge Joint Venture
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto's partners. Mitsui & Co. has agreed to acquire all of VOC Group Limited's (VOCG) 25% interest1 in the joint venture. Separately, Mitsui & Co. has entered into a heads of agreement (HOA) to acquire a further 15% interest in the RRJV from AMB Holdings Pty Ltd1. Both transactions are subject to regulatory approvals.
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Rio Tinto Vs. Vale: Both Mining Stocks Show Bullish Technical Signals Ahead Of Q4 Earnings
Two of the world's largest miners, Rio Tinto PLC RIO and Vale SA VALE, are set to report their fourth-quarter earnings on Wednesday.
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Will Rio Tinto cut its iron ore guidance? Here's why one investment bank thinks it will
UBS has warned that Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) is likely to lower its 2025 iron ore shipment forecast after storms and flooding disrupted operations in Western Australia. The bank said Rio's shipments have dropped 9 million tonnes year-on-year, marking their lowest level in more than six years.
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Is Rio Tinto (RIO) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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Antofagasta a better bet than Rio Tinto, says leading investment bank
UBS has taken a contrarian stance on two major mining stocks, backing Antofagasta PLC (LSE:ANTO) over Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) despite broader market preference for the latter. While most analysts favour Rio due to its iron ore dominance, UBS believes Antofagasta's copper exposure offers a stronger long-term growth story.
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Rio Tinto donates A$750,000 to Queensland flood relief and recovery efforts
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has donated A$750,000 to support disaster relief efforts for those impacted by the widespread floods in North Queensland. The funds will support the work of key organisations, including the Queensland Royal Flying Doctors Service (RFDS) and the Queensland Red Cross, which are providing medical care, running evacuation centres and helping people recover from the disaster. Rio Tinto Chief Executive, Australia, Kellie Parker said: “Our hearts go out.
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Rio Tinto US Borax donates $600,000 to support communities impacted by Los Angeles Wildfires
LOS ANGELES--(BUSINESS WIRE)--Rio Tinto's U.S. Borax has donated $600,000 to three organisations to support relief efforts for communities directly impacted by the recent wildfires in Los Angeles region. The Kern County Fire Department, Los Angeles Fire Department (LAFD) Foundation and the Los Angeles Regional Food Bank will each receive a donation of $200,000. The funds will help support immediate disaster response services, including providing emergency food and supplies, as well as helping w.
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Rio2 Announces Official Start of Construction of Fenix Gold Mine
VANCOUVER, British Columbia, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces today the celebration of the official start of construction of its Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region. The event held on February 6, was attended by the Honorable Aurora Williams Baussa, Minister of Mining; Mr. Mario Silva Álvarez, Deputy Governor of Atacama; Mr. Jorge Riesco Valdivieso, President of SONAMI (Chilean National Mining Society); representatives of the Colla Indigenous Communities; Regional Ministerial Secretaries; representatives of Mining and Industry Guilds and high authorities from InvestChile, CORPROA (The Corporation for the Development of the Atacama Region), and SERNAGEOMIN (National Service of Geology and Mining).
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Rio Tinto Eyes EV Future
The shares of diversified mining giant Rio Tinto (NYSE: RIO) has gained 5% year to date, outperforming the S&P500 index which has grown 3% during the same period. Rio Tinto is making a significant push into lithium to strengthen its position in the battery metals market.
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Rio Tinto clears Western Australia ports due to cyclones
Rio Tinto , has begun clearing ships from two Western Australian ports due to high seas as a result of tropical cyclones Tahliah and Vince, it said on Tuesday.
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Rio Tinto and Hydro partner on carbon capture technologies for aluminium smelters
LONDON & OSLO, Norway--(BUSINESS WIRE)--Rio Tinto and Hydro will join forces to identify and evaluate available carbon capture technologies for future implementation in the aluminium electrolysis process. The companies have signed a partnership agreement that provides for the sharing of certain information, results and costs covering specific R&D activities from lab tests with external suppliers to larger, on-site pilots, with the aim of creating improved offerings of commercially viable ca.
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Rio Tinto: Set For A Better 2025 And Attractive Yields Despite Iron Ore Challenges
Rio Tinto is diversifying beyond iron ore, investing heavily in lithium production, positioning itself as a major player in the battery metals sector. The correlation between Rio Tinto's stock and iron ore prices has weakened recently, dropping below 0.5x due to the company's increased focus on lithium. Iron ore prices are expected to fall to $75-$120/ton in 2025, though the company should still generate strong free cash flow.
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Rio Tinto cannot comment on rumors of merger talks, says CEO
Jakob Stausholm, the CEO of Rio Tinto, discusses the outlook for the global mining industry at the World Economic Forum in Davos.
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Top 4 catalysts for the Rio Tinto share price in 2025
Rio Tinto share price has remained in a consolidation phase in the past few weeks as investors assess the prices of key commodities. The stock was trading at 5,000p in London, a few points below last year's high of 5,635p.
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Why Glencore-Rio Tinto merger buzz could signal a new phase of mining sector consolidation
The mining industry is on edge after reports surfaced of potential merger discussions between Rio Tinto and Glencore, two of the sector's most prominent players. Bloomberg News reported that the companies held preliminary talks regarding a tie-up, though the current status of these discussions is unclear.
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Rio Tinto welcomes Australian Government support for low-carbon aluminium
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto welcomes the Australian Government's announcement of an aluminium production credit to help sustain and grow aluminium smelting in Australia, and significantly advance both regional communities and the nation's manufacturing capabilities. The production credit, announced today as part of the Future Made in Australia Plan, puts Australia on a path to becoming a leader in green metals manufacturing, while supporting a continued strong economic futu.
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Rio Tinto to form new lithium unit after Arcadium buy, memo says
Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium , according to an internal memo seen by Reuters.
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Rio Tinto And Glencore Test Investor Support For A Merger
A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year's $50 billion attempt by BHP to acquire Anglo American also failed.
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Glencore and Rio Tinto's mining operations
Glencore approached Rio Tinto , late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.
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Massive mining sector shakeup: Bloomberg reports Rio Tinto and Glencore in preliminary deal talks
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
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RIO Sees 1% Dip in Iron Ore Output in 2024: How to Play the Stock?
Rio Tinto RIO reported iron ore shipments (on a 100% basis) of 86.5 million tons (Mt) for the fourth quarter of 2024, which declined 1% year over year. This takes RIO's yearly total to 328 Mt, down 1% year over year, but within its guidance of 323-338 Mt.
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Rio Tinto, Glencore in talks for potential industry-changing merger – Bloomberg
Mining giants Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) and Glencore PLC (LSE:GLEN) have reportedly engaged in preliminary discussions about a potential merger, Bloomberg reported on Thursday, citing sources familiar with the matter. The talks, which remain in the early stages, could pave the way for the mining industry's largest-ever deal, reshaping the global landscape.
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Rio Tinto, Glencore are said to discuss potential merger, Bloomberg News reports
Rio Tinto and Glencore Plc GLEN.L have been discussing combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter.
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Rio Tinto releases fourth quarter production results
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: “Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the business as we execute our strategy to deliver profitable growth. The implementation of our Safe Production System has again contributed to greater consistency across key operations, including our iron ore assets in the Pilbara and our bauxite operations in Australia, where Amrun and Gove achieved record annu.
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UNBC appoints two Research Chairs in partnership with Rio Tinto
PRINCE GEORGE, British Columbia--(BUSINESS WIRE)--The University of Northern British Columbia and Rio Tinto have expanded a partnership to advance vital research into the impacts of climate change on water security and freshwater fishes in the Nechako Watershed. The $1.75 million in research funding from Rio Tinto will support two Research Chairs at UNBC for the next five years, generating regional knowledge critical to the long-term sustainability of the watershed while informing global water.
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My Top 10 High Dividend Yield Stocks For January 2025, One Yields Over 8%
Including high dividend yield companies that pay sustainable dividends in your dividend portfolio can bring a number of benefits. In this article, I will introduce you to 10 high dividend yield companies to consider investing in for January 2025. The selected companies not only offer a relatively high Dividend Yield, but also an attractive Valuation and potential for dividend growth.
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RIO Stock Trades Near 52-Week Low: Buying Opportunity or Warning Sign?
Shares of Rio Tinto Group RIO have been in the red territory for a while now, having declined around 16% over a year. The stock is currently hovering near its 52-week low.
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Rio2 Provides Fenix Gold Mine Construction Update
VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO), is providing an update on construction activities at its Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region, in Chile.
globenewswire.com
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After Falling 25%, What's Next For Freeport?
Freeport-McMoRan (NYSE: FCX), one of the largest producers of copper, has seen its stock underperform over the last three months, falling by 25% compared to the S&P 500 which was up 3%. Freeport's stock price movement is aligned with that for its peers, including Southern Copper Corp, which is down 21%, Rio Tinto (NYSE: RIO) which is down 18%, and VALE (NYSE: VALE) which is down 27% during the same period.
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Fortune Minerals Provides an Update of NICO Project Test Work, Rio Tinto Process Collaboration & Feasibility Study
LONDON, Ontario--(BUSINESS WIRE)-- #Cobalt--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to provide an update of ongoing work on the vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project in Canada (“NICO Project”). The NICO Project is comprised of a planned mine and concentrator in the Northwest Territories (“NWT”) and a hydrometallurgical processing facility in Lamont County, Alberta where concentrates from.
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Missing crew member from Rio Tinto Marine vessel
SINGAPORE--(BUSINESS WIRE)--It is with great sadness that Rio Tinto confirms that Mr Gel Aguaviva, a deck fitter on board its bulk carrier RTM Zheng He, was reported missing on 26 December 2024, while the vessel was traveling from China to Western Australia. An extensive and ongoing search and rescue operation to find Mr Aguaviva has been conducted over the past seven days, with Rio Tinto working in collaboration with RTM Zheng He ship and crew manager, Anglo Eastern, and relevant authorities.
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Rio Tinto: Growth Could Accelerate After Arcadium Deal
Arcadium Lithium is undervalued with a 13% upside to Rio Tinto's buyout price, expected to close mid 2025. Rio Tinto's acquisition of ALTM positions it as a major lithium player, with potential revenue growth as lithium prices recover. Rio Tinto is fundamentally and technically strong, trading at a low P/E ratio with substantial dividend growth potential.
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Gold producers offer London a glimmer of hope for 2025
Reports that an activist hedge is trying to pressurise Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) to dump its UK listing would be the icing on what has been a very tough year for the mining sector in London. Finance at the small-cap end has dried up while the bigger players have been affected by China's steady economic slowdown.
proactiveinvestors.co.uk
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Rio Tinto Buyout Deal Receives Arcadium Lithium Shareholder Approvals
RIO expects the Arcadium Lithium acquisition to close in mid-2025 after receiving the latter's shareholder approval.
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Rio Tinto Charges Ahead Into Lithium Despite A Falling Market
Conflicting market signals continue to cloud the outlook for battery metals, especially lithium, with Rio Tinto, one of the world's biggest miners, pushing ahead with a $6.7 billion acquisition, just as a leading Chinese producer struggles to sell lithium.
forbes.com
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Rio Tinto gets Arcadium shareholder approval for £5bn takeover
Shares in Arcadium Lithium PLC (NYSE:ALTM, ASX:LTM) rose 9% overnight as investors backed the US$6.7 billion cash takeover of the metals processing firm by Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF). The deal, which is Rio's biggest for seventeen years, now faces regulatory approval in the US where it will be a test of the new Trump administration's attitude to foreign takeovers.
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Arcadium Lithium shareholders approve $6.7 bln Rio Tinto deal
Arcadium Lithium shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto , the company said on Monday.
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Arcadium Lithium Announces Shareholder Approval of Proposed Rio Tinto Transaction and Provides Regulatory Update
PHILADELPHIA and PERTH, Australia , Dec. 23, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, today announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto previously announced on October 9, 2024. "Today's vote of support by our shareholders confirms our shared belief that with Rio Tinto, we will be a stronger global leader in lithium chemicals production.
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Rio Tinto appoints new Chief People Officer
LONDON--(BUSINESS WIRE)--Rio Tinto has appointed Georgie Bezette as its new Chief People Officer, succeeding James Martin, who will retire at the end of this year. Georgie, who joined the organisation in 2008, is currently Chief Operating Officer, People, responsible for the transformation of the People function in support of Rio Tinto's ambitious cultural change journey. She will start in her new role on 1 January 2025 and be based in London. Rio Tinto Chief Executive Jakob Stausholm said: “As.
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Palliser Capital Announces Submission of Resolution to Rio Tinto Calling for Independent Review on Unifying Dual Listing
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”), an investor with a significant interest in Rio Tinto (being Rio Tinto Plc (LSE: RIO) and Rio Tinto Limited (ASX: RIO) and collectively referred to as “the Company”) and over 100 other shareholders today requisitioned a resolution for the Company's next annual general meeting (AGM) of shareholders calling for an independent, comprehensive, and transparent review on the merits of unifying Rio Tinto's current dual listed company (“DLC”) struc.
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RIO & BHP to Build Electric Smelting Furnace Plant to Lower Emissions
Rio Tinto and BHP are set to build Australia's largest ironmaking electric smelting furnace pilot plant study to lower emissions.
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BlueScope, BHP and Rio Tinto select WA for Australia's largest ironmaking electric smelting furnace pilot plant study
PERTH, Australia--(BUSINESS WIRE)--Australia's two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia's largest ironmaking electric smelting furnace1 (ESF) pilot plant. The groundbreaking project combines the expertise of BlueScope, BHP and Rio Tinto to test technology to enable the use of Pilbara iron ore to produce iron without the need for traditional blast furnaces, as the companies come together.
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RIO to Build Demonstration Plant for Gallium Extraction in Canada
Rio Tinto intends to develop a demonstration plant in Canada that can produce up to 3.5 tons of gallium per year.
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Rio Tinto Set to Invest $2.5B for Rincon Project in Argentina
RIO will move forward with its first commercial-scale lithium operation, the Rincon project, with a $2.5-billion investment.
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Rio Tinto progresses the development of a gallium extraction process in Quebec
SAGUENAY, Canada--(BUSINESS WIRE)--As part of a research and development program, Rio Tinto is assessing the potential for extracting and valorising gallium, a critical and strategic mineral already present in the bauxite processed in its alumina refinery in Saguenay–Lac-Saint-Jean, the only one in Canada. When the preliminary phase of technology development is conclusive, Rio Tinto plans to build a demonstration plant in Saguenay for extraction technology that can produce up to 3.5 tonnes of g.
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Rio Tinto chief pledges response after harassment class action
The head of global mining group Rio Tinto , pledged to act if wrongdoing was discovered following the filing of sexual harassment lawsuits against the company.
reuters.com
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Rio Tinto to invest $2.5 billion to expand Rincon lithium project capacity to 60,000 tonnes per year
LONDON--(BUSINESS WIRE)--Rio Tinto has approved $2.5 billion1 to expand the Rincon project in Argentina, the company's first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio. Rincon's capacity of 60,000 tonnes of battery grade lithium carbonate per year is comprised of the 3,000-tonne starter plant and 57,000-tonne expansion plant. Rincon's mine life is expected to be 40 years2, with construction of the expanded plant schedul.
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Brokers Suggest Investing in Rio Tinto (RIO): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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UEC Acquires Rio Tinto's Sweetwater Plant & Wyoming Uranium Assets
Uranium Energy buys Rio Tinto's Wyoming assets, including the Sweetwater plant and uranium mining projects with 175 million pounds of historic resources.
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Rio2 to Present at the Precious Metals & Critical Materials Virtual Investor Conference December 10
VANCOUVER, British Columbia, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces today that Alex Black, Executive Chairman of the board of directors of the Company, will present live at the Precious Metals and Critical Materials Conference hosted by VirtualInvestorConferences.com, on December 10, 2024.
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Rio Tinto renews support for prevention of gender-based violence across Canada
MONTREAL--(BUSINESS WIRE)--On National Day of Remembrance and Action on Violence Against Women and as part of the 16 Days of Activism against Gender-Based Violence, Rio Tinto is reinforcing its commitment to addressing domestic and family violence by extending support to local organisations across Canada. For the fifth consecutive year, Rio Tinto is partnering with organisations that provide shelters, counselling, education, training, and activities to help women, children, and members of the 2.
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Rio Tinto highlights copper growth as it lays out 2025 targets
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) latest guidance update for 2025 and mid-term mostly came online to consensus and our expectation, says US bank Citi. Iron ore shipments are guided to be flat year-on-year at 323-338 million tonnes, slightly below its estimates, while copper production is set for accelerated growth with the Oyu Tolgoi ramping up.
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Rio Tinto and Sumitomo Metal Mining to Jointly Develop Winu Project
RIO signs a joint venture deal with Sumitomo Metal Mining to develop the Winu copper-gold project located in Western Australia.
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London stock market exits hit 14 year high as Rio Tinto departure threat looms
The exodus of companies leaving the London Stock Exchange has hit a 14-year high as Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) became the latest to face pressure from investors over a move. Some 45 firms have ditched their listings in London this year, marking the highest level since 2010, according to Bloomberg compiled figures.
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Palliser Capital Calls for Rio Tinto to Unify Dual Listing
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”), an investor with a significant economic position in Rio Tinto Plc (LSE: RIO) and Rio Tinto Limited (ASX: RIO), collectively referred to as “Rio Tinto” or “the Company”), today released a presentation and letter to the Rio Tinto Board of Directors (“the Board”) calling for the unification of their dual listed company structure on the London Stock Exchange and Australian Stock Exchange into a single Australian domiciled holding company. The.
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Rio Tinto investing for a stronger, more diversified portfolio
LONDON--(BUSINESS WIRE)--Rio Tinto will today hold its 2024 Investor Seminar in London, where it will provide updates on its strategy of investing for a stronger, more diversified and growing portfolio to ensure the long-term delivery of attractive shareholder returns. Rio Tinto Chief Executive Jakob Stausholm said: “We have all the building blocks we need to become a global leader in energy transition materials, and we have a clear plan for a decade of profitable growth. “We remain focused on.
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Rio Tinto signs new partnership agreement to study low carbon aluminium project in Finland
LONDON--(BUSINESS WIRE)--Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi Corporation and other international and local industry partners to study a low carbon aluminium greenfield opportunity in Finland. As the strategic industrial partner, Rio Tinto will provide the Arctial partnership with access to its proven industry-leading AP60 technology and assist in what would be the first AP60 deployment in an aluminium smelter outside Quebec,.
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What's Next For Rio Stock?
The shares of diversified mining giant Rio Tinto (NYSE: RIO) have declined almost 16% year to date, underperforming the broader markets. The company recently posted higher shipments of both iron ore and bauxite for the third quarter of 2024, while aluminum and copper shipments declined.
forbes.com
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Wall Street Bulls Look Optimistic About Rio Tinto (RIO): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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Rio Tinto-backed lithium start-up eyes further fundraising
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF)-backed ElectraLith is set to unveil plans for a further funding round to raise AU$29 million (£15 million) over the coming days. ElectraLith, which is developing filtration technology for the extraction of lithium without water or chemicals, received backing from Rio Tinto earlier in the year to commercialise the process.
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Rio Tinto-backed lithium tech startup set to raise second round of funds
A lithium technology startup backed by Rio Tinto , expects to finalise a funding round in the next week to raise A$29 million ($19 million), even as the global lithium market struggles, its Melbourne-based CEO told Reuters.
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