Rio Tinto plc

RIO

GB0007188757

Diversified Mining

Market Closed - London S.E. Other stock markets 16:35:16 25/06/2024 BST			5-day change	1st Jan Change
5,239 ^GBX	+0.21%		+1.12%	-10.32%

06-24	American Salars Lithium Inc. Announces Appointment of David Guerrero to Its Advisory Board	CI
06-24	Agrimin Subsidiary Regains Ownership of Western Australia Exploration Licenses	MT

Rio Tinto Group agreed to acquire an unknown minority stake in New Zealand Aluminium Smelters Limited and Boyne Smelters Limited from Sumitomo Chemical Company, Limited.

May 30, 2024

Rio Tinto Group (LSE:RIO) agreed to acquire an unknown minority stake in New Zealand Aluminium Smelters Limited and Boyne Smelters Limited from Sumitomo Chemical Company, Limited (TSE:4005) on May 31, 2024. Sumitomo will sell 20.64% of New Zealand Aluminium Smelters and 2.46% of Boyne Smelters.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	RIO TINTO PLC	5,239 GBX	+0.21%	+1.12%	112B
	SUMITOMO CHEMICAL CO., LTD.	334.1 JPY	+2.48%	+8.16%	3.34B

Latest news about Rio Tinto plc

American Salars Lithium Inc. Announces Appointment of David Guerrero to Its Advisory Board	06-24	CI
Agrimin Subsidiary Regains Ownership of Western Australia Exploration Licenses	06-24	MT
RIO TINTO : JP Morgan reaffirms its Buy rating	06-20	ZD
Rio Tinto invests $165 million in its Grande-Baie aluminium smelter	06-19	CF
Australian Takeovers Panel Declines Proceedings Against Energy Resources of Australia	06-19	MT
RIO TINTO : Deutsche Bank reaffirms its Buy rating	06-18	ZD
UK Stocks Flat Ahead of BoE Rate Decision	06-17	MT
Global markets live: AstraZeneca, Apple, Meta, Microsoft, Cisco...	06-17
FTSE 100 makes tepid start as peers climb	06-17	AN
Serbia's parliament speaker seeks debate over Rio Tinto's lithium project	06-17	RE
European shares recover but Asian stocks struggle	06-17	AN
Rio Tinto Poised to Get Serbia Clearance for Lithium Mine	06-17	MT
Serbia Set to Approve Rio Tinto's Stopped Lithium Project, FT Reports	06-17	DJ
Serbia set to give green light to Rio Tinto lithium mine, FT reports	06-16	RE
Rio Tinto Draft Environmental Study Supports Proposed Lithium Mine in Serbia	06-13	MT
Rio Tinto Says $2.55 Billion Serbian Lithium Project Is Safe	06-13	DJ
Tesla, Inc. : Musk moves a step closer to the $56 billion prize and the transfer of Tesla's headquarters to Texas	06-13
Environmental studies show Serbian lithium project is safe, Rio says	06-13	RE
Centrica Invests GBP70 Million in UK Liquid Air Energy Storage Project	06-13	MT
Highview Power Storage Limited announced that it has received £300 million in funding from UK Infrastructure Bank Limited, Centrica plc, Mosaic Capital LLC, The Goldman Sachs Group, Inc., Rio Tinto Group, KIRKBI A/S	06-12	CI
RIO TINTO : JP Morgan reiterates its Buy rating	06-12	ZD
Rio Tinto Acquires Nearly 12% of Mitsubishi's Stake in Boyne Smelters	06-11	MT
European shares steady after French political tremors, eyes on Fed	06-11	RE
After the EU elections, eyes turn to the Fed	06-11
FTSE 100 up; UK unemployment rises to 4.4%	06-11	AN

Chart Rio Tinto plc

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Company Profile

Rio Tinto plc is one of the world's leaders in mining research, prospecting and operating. Net sales break down by family of products as follows: - iron ore (59%): 283.2 Mt produced in 2022; - aluminum, alumina and bauxite (24.9%): 54.6 Mt bauxite, 7.5 Mt alumina and 3 Mt aluminum produced; - copper (5.8%) : 521.1 Kt produced; - industrial minerals (4.8%): titanium dioxide pigments (1,200 Kt produced), borates (532 Kt produced) and salts (5.7 Mt produced); - diamonds (1.5%) : 4.7 million carats produced; - gold (1%) : 235,000 ounces produced; - other (3%): uranium, silver, zinc and molybdenum. Net sales are distributed geographically as follows: the United Kingdom (0.3%), Europe (6.5%), China (54.3%), Japan (7.4%), Asia (7.1%), the United States (15.9%), Canada (3.1%), Australia (1.9%) and other (3.5%).

Sector

Diversified Mining

Calendar

15/07/2024 - Q2 2024 Sales and Revenue Release - Operations Review

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100

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Analysis / Opinion

RIO TINTO : One of the most-attractive diversified mining bets

May 08, 2024 at 08:26 am

Rio Tinto plc : Back on track

April 18, 2024 at 03:14 pm

Jakob Stausholm, CEO of Rio Tinto: Copper ambitions, strategy, Guinea project

December 06, 2023 at 10:38 am

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Ratings for Rio Tinto plc

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

66.39 USD

Average target price

77.9 USD

Spread / Average Target

+17.32%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Integrated Mining

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RIO TINTO PLC	-10.32%	112B
BHP GROUP LIMITED	-14.06%	143B
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SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-8.65%	44.26B
GRUPO MÉXICO, S.A.B. DE C.V.	+2.08%	41.5B
ANGLO AMERICAN PLC	+27.88%	38.48B
HINDUSTAN ZINC LIMITED	+108.87%	33.38B
TECK RESOURCES LIMITED	+16.16%	25B
VEDANTA LIMITED	+75.61%	20.6B
IVANHOE MINES LTD.	+36.96%	16.76B

Integrated Mining

Rio Tinto plc

Equities

RIO

GB0007188757

Diversified Mining

Rio Tinto Group agreed to acquire an unknown minority stake in New Zealand Aluminium Smelters Limited and Boyne Smelters Limited from Sumitomo Chemical Company, Limited.

Stocks mentioned in the article

EPS Revisions