RIO.AX - Rio Tinto Limited

ASX - ASX Delayed price. Currency in AUD
69.17
+0.05 (+0.07%)
At close: 3:59PM AEDT
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Previous close69.12
Open68.60
Bid76.08 x 416200
Ask65.36 x 144900
Day's range68.39 - 69.31
52-week range50.92 - 72.01
Volume1,602,231
Avg. volume2,052,855
Market cap123.03B
BetaN/A
PE ratio (TTM)20.17
EPS (TTM)N/A
Earnings dateN/A
Forward Dividend & YieldN/A (N/A)
Ex-dividend dateN/A
1y target est57.48
  • Rio Tinto & former execs charged with fraud
    Reuters Videos4 days ago

    Rio Tinto & former execs charged with fraud

    The U.S. Securities and Exchange Commission has charged mining company Rio Tinto and two of its former top executives with fraud, saying they inflated the value of coal assets in Mozambique. Laura Frykberg reports

  • Rio Tinto on Track for Record Iron Ore Shipments
    Bloomberg Video5 days ago

    Rio Tinto on Track for Record Iron Ore Shipments

    Oct.16 -- Rio Tinto Group is on track for record annual shipments of iron ore as the world’s second-largest exporter’s rail capacity increases and imports by China’s steel mills keep surging. Bloomberg's David Stringer reports on "Bloomberg Daybreak: Asia."

  • SEC's Challenge on Rio Tinto: Self Delusion or Fraud?
    Bloomberg2 days ago

    SEC's Challenge on Rio Tinto: Self Delusion or Fraud?

    The coal mine fiasco is a lesson in leadership.

  • Rio Holds Talks With Indonesia About Exit from Giant Mine
    Bloomberg2 days ago

    Rio Holds Talks With Indonesia About Exit from Giant Mine

    Rio Tinto Group has held talks with Indonesian groups, including state-owned PT Indonesia Asahan Aluminium, about a possible exit from its interest in the giant Grasberg copper and gold operation, according ...

  • Financial Times2 days ago

    [$$] Why investors shrug off Rio Tinto's scandals

    Capitalism is supposed to be a fight for survival. Most discussions of markets lapse into Darwinian clichés before too long. In particular instances, however, the market can be remarkably forgiving of ...

  • Bloomberg2 days ago

    South32 Studies Bid for $1.6 Billion Rio Coal Portfolio

    South32 Ltd. is studying a potential bid for Rio Tinto Group’s A$2 billion ($1.6 billion) coking coal portfolio, people familiar with the matter said, as it seeks to take advantage of surging prices for ...

  • These 3 Blue-Chip Dividend Stocks Have Massive Yields
    Motley Fool3 days ago

    These 3 Blue-Chip Dividend Stocks Have Massive Yields

    Want to double the market's dividend? Look at these stocks.

  • Coal Mines, Robots and Psychopaths
    Bloomberg3 days ago

    Coal Mines, Robots and Psychopaths

    Also personal ICOs, bond volatility and bank buybacks.

  • Financial Times4 days ago

    [$$] Rio Tinto suffers reputation blow after second African misadventure

    Rio Tinto's ill-conceived foray into Mozambique coal - which became one of the worst mining deals of the decade-long commodities boom - has returned to haunt the Anglo Australian company, raising questions ...

  • MarketWatch4 days ago

    FTSE 100 ends higher as weak wages keep pound under pressure

    A continued pullback in the pound helps push U.K. stocks higher Wednesday, as lackluster figures on British wages may help shape the Bank of England’s thinking on an interest-rate hike.

  • Fraud Charges Put Mining's M&A Disasters Back in the Spotlight
    Bloomberg4 days ago

    Fraud Charges Put Mining's M&A Disasters Back in the Spotlight

    For executives in the mining industry, only just emerging from a decade of disastrous investments, the prosecution of two former Rio Tinto Group officers by U.S. authorities is the latest reminder of how ...

  • Financial Times4 days ago

    [$$] US charges Rio Tinto and former chiefs with fraud

    Rio Tinto and two former senior executives were hit with US fraud charges, and the miner with a UK penalty, on Tuesday for allegedly trying to hide a multibillion-dollar business failure by inflating the ...

  • Rio Tinto's Scramble for Africa
    Bloomberg4 days ago

    Rio Tinto's Scramble for Africa

    An SEC complaint is a reminder of the value of spending discipline in the mining industry.

  • Rio Tinto, former execs charged by US SEC
    AAP4 days ago

    Rio Tinto, former execs charged by US SEC

    Mining giant Rio Tinto and two top former executives have been charged with fraud by the US market regulator for allegedly inflating the value of an African coal business that cost the company a $2.9 billion writedown. The Securities and Exchange Commission (SEC) has accused RioTinto, former chief executive Tom Albanese and former finance head Guy Elliott of seeking to "hide or delay" disclosure of problems at the Rio Tinto Coal Mozambique (RTCM) business, which was acquired in 2011 for $4 billion and sold for just $50 million three years later. The SEC will allege in court that Rio's top executives breached disclosure rules "by hiding from their board, auditor and investors the crucial fact that a multi-billion dollar transaction was a failure".

  • Barrons.com4 days ago

    Rio Tinto to Vigorously Defend Fraud Allegations

    Rio Tinto (RIO.AU) said it will vigorously defend itself against fraud allegations over the timing of the impairment in relation to its failed acquisition of the Australian-listed, Mozambique-focused coking coal explorer Riversdale Mining. The U.S Securities and Exchange Commission has charged Rio Tinto, its former CEO Thomas Albanese, and its former CFO Guy Elliott with fraud for inflating the value of the Mozambique coal assets acquired for $3.7 billion and sold a few years later for $50 million. The SEC’s complaint, which was filed in federal court in Manhattan, alleges that the miner and and the two former executives failed to follow accounting standards and company policies to accurately value and record its assets. “As alleged in our complaint, Rio Tinto’s top executives allegedly breached their disclosure obligations and corporate duties by hiding from their board, auditor, and investors the crucial fact that a multi-billion dollar transaction was a failure,” said Stephanie Avakian, Co-Director of the SEC’s Enforcement Division.

  • Motley Fool4 days ago

    Why are short positions in Rio Tinto Limited shares rising?

    What are the key short-term factors impacting the Rio Tinto Limited (ASX:RIO) share price?

  • Motley Fool4 days ago

    SEC accuses Rio Tinto Limited and former execs of fraud

    The US regulator has accused Rio Tinto Limited (ASX:RIO) and two former executives of fraud.

  • MarketWatch4 days ago

    Two former Rio Tinto executives charged with fraud

    Two former top executives from mining conglomerate Rio Tinto PLC have been charged with fraud, according to a Securities and Exchange Commission announcement Tuesday. The SEC has accused former Chief Executive ...

  • Rio, Ex-CEO Face Fraud Charges on $3.7 Billion Coal Calamity
    Bloomberg4 days ago

    Rio, Ex-CEO Face Fraud Charges on $3.7 Billion Coal Calamity

    Rio Tinto Group’s calamitous $3.7 billion coal deal in Mozambique keeps coming back to haunt the world’s second-biggest miner, three years after it unloaded the mine.

  • Mining giant Rio Tinto, two ex-chiefs charged with fraud
    AFP5 days ago

    Mining giant Rio Tinto, two ex-chiefs charged with fraud

    Rio Tinto and two former top executives were charged with fraud by US authorities Wednesday, accused of inflating the value of the company's Mozambique coal assets and failing to disclose mounting losses. The world's second biggest miner vowed to "vigorously" defend itself against the allegations, while announcing it had separately settled a case with Britain's Financial Conduct Authority about the timing of writing down the same projects. Under that arrangement, Rio was fined 27.35 million pounds (US$36 million) for breaching disclosure and transparency rules by failing to carry out an impairment review in a timely manner.

  • AAP5 days ago

    China demand helps boost Rio third-quarter

    Mining giant Rio Tinto has lifted iron ore shipments by slightly more than expected in the third quarter, helped by improved rail capacity and performance at its Pilbara operations. The world's second-largest iron ore exporter - after Brazil's Vale - shipped 85.8 million tonnes of iron ore in the September quarter, up six per cent from a year ago. UBS had forecast quarterly shipments of 84.6 million tonnes.

  • AAP5 days ago

    Rio lifts 3rd-quarter iron ore shipments

    Rio Tinto lifted third quarter iron ore shipments from its Pilbara operations by slightly more than expected on the back of an improvement in rail capacity and performance. The world's second largest iron ore exporter shipped 85.8 million tonnes of iron ore in the September quarter, up six per cent from a year ago. UBS had forecast quarterly shipments of 84.6 million tonnes.

  • Bloomberg5 days ago

    Rio on Track for Record Iron Ore Exports as China Imports Surge

    Rio Tinto Group is on track for record annual shipments of iron ore as the world’s second-largest exporter’s rail capacity increases and imports by China’s steel mills keep surging.

  • Rio Tinto Weighs Sale of Europe's Top Aluminum Smelter
    Bloomberg16 days ago

    Rio Tinto Weighs Sale of Europe's Top Aluminum Smelter

    Rio Tinto Group is weighing the sale of Europe’s biggest aluminum smelter, according to people with knowledge of the matter, amid a rebound in the price of metal used in airliners and beverage cans.

  • Miners 'overvalued' in optimistic market
    AAP17 days ago

    Miners 'overvalued' in optimistic market

    Shares in mining giants Rio Tinto and BHP Billiton are overvalued because investors are "too optimistic" about future growth in demand for commodities, according to a sector analyst. MorningStar's Matthew Hodge has recommended investors reduce their stake in BHP and sell Rio, saying the recent uptick in commodity demand and prices is just a "cyclical upturn" driven by China's 2016 stimulus. The renewed activity from China has helped push BHP and Rio into a strong recovery from steep falls in February 2016, when shares dropped to $14.27 and $37.03, respectively.