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Rio Tinto Group (RIO.AX)

ASX - ASX Delayed price. Currency in AUD
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123.41-1.46 (-1.17%)
At close: 04:10PM AEDT
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Previous close124.87
Open124.85
Bid123.40 x 67500
Ask123.41 x 400
Day's range122.76 - 125.35
52-week range102.51 - 136.73
Volume1,438,321
Avg. volume1,182,841
Market cap200.252B
Beta (5Y monthly)0.66
PE ratio (TTM)13.00
EPS (TTM)9.49
Earnings date21 Feb 2024
Forward dividend & yield7.86 (6.29%)
Ex-dividend date07 Mar 2024
1y target est133.26
  • Bloomberg

    World-Beating Mining Stock Turns Big Loser Thanks to China Slump

    (Bloomberg) -- Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February as investors turned sour on the company’s earnings growth and high exposure to slumping metal prices amid China’s rocky recovery.Most Read from BloombergWhat to Remember If the Stock Market Takes a DiveBofA’s Subramanian Is Latest on Wall Street to Boost S&P 500 TargetHaley Casts Doubt on Nominee Pledge After Trump’s Power PlayCrafts Retailer Joann Is Planning a Bankruptcy Filing That Wo

  • Reuters

    Rio Tinto CEO bullish on lithium but not eyeing big acquisitions

    Demand for key-battery mineral lithium will continue to grow, underpinned by strong adoption of electric vehicles but the price of the metal is expected to be volatile, Rio Tinto CEO Jakob Stausholm said on Sunday. Still, Stausholm said Rio will steer clear of making any big ticket acquisitions to grow its lithium business and instead look at ways to improve the lithium extraction technology. Rio Tinto, the world's biggest iron ore producer, is one of the few large mining companies betting on lithium even as counterparts such as BHP stay away from investing in the metal, which is used in developing EV batteries.

  • Associated Press Finance

    How Apache Stronghold's fight to protect Oak Flat in central Arizona has played out over the years

    Oak Flat, a piece of national forest land in central Arizona, is at the heart of a yearslong struggle between Native American groups and mining interests that both consider it important for their future. Resolution Copper, a subsidiary of international mining giants Rio Tinto and BHP, wants to develop the large deposit of copper ore deep under Oak Flat into a massive mine. The nonprofit Apache Stronghold considers the land sacred and says it should be preserved for religious ceremonies.