Rio Tinto Group (RIO.L)
| Previous close | 5,410.00 |
| Open | 5,300.00 |
| Bid | 5,180.00 x 0 |
| Ask | 5,408.00 x 0 |
| Day's range | 5,199.00 - 5,305.00 |
| 52-week range | 4,509.50 - 5,910.00 |
| Volume | |
| Avg. volume | 4,272,179 |
| Market cap | 85.31B |
| Beta (5Y monthly) | 0.65 |
| PE ratio (TTM) | 10.64 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 3.41 (6.31%) |
| Ex-dividend date | 07 Mar 2024 |
| 1y target est | N/A |
- Reuters
Rio Tinto aims to keep Resolution's copper in US, executive says
Rio Tinto aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, a senior executive said on Tuesday. The Arizona mine would, if developed, over its life produce more than 40 billion pounds (18.1 million metric tons) of copper and supply more than a quarter of U.S. demand, but it is strongly opposed by some Native Americans given concerns the project could destroy a site of religious and cultural import. That has placed Resolution at the center of a simmering debate about where best to secure copper and other critical minerals for the clean energy transition.
- Bloomberg
Rio Tinto Copper Boss Says Building Mines Is Better Than Buying
(Bloomberg) -- Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of mining dealmaking.Most Read from BloombergUS Yields Spike as Hawkish Powell Puts 5% in Play: Markets WrapDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Powel
- Reuters
UPDATE 1-Chile must pass permitting reforms to unblock investment, copper executives say
Chile's government needs to quickly approve a proposal to streamline permitting for the mining industry to unlock and promote investment in the world's top copper-producing country, a top executives said on Tuesday. "In Chile it is urgent to improve the permit system to allow companies to approve large investment projects in a timely manner," BHP President Americas Brandon Craig said on a panel at the World Copper Conference being held in Santiago. BHP is a top copper producer and its flagship Escondida mine in Chile is the world's largest copper mine.
