Previous close | 5,236.00 |
Open | 5,219.00 |
Bid | 5,181.00 x N/A |
Ask | 5,179.00 x N/A |
Day's range | 5,150.00 - 5,219.00 |
52-week range | 4,510.00 - 5,909.00 |
Volume | |
Avg. volume | 537,581 |
Market cap | 84.483B |
Beta (5Y monthly) | 0.65 |
PE ratio (TTM) | 1,067.63 |
EPS (TTM) | 4.85 |
Earnings date | 30 July 2024 |
Forward dividend & yield | 3.41 (6.52%) |
Ex-dividend date | 07 Mar 2024 |
1y target est | N/A |
Global miner Rio Tinto is negotiating with workers at its Oyu Tolgoi copper operations in Mongolia to avert further industrial action over a sharp drop in wages that triggered an earlier strike in May. Rio Tinto moved underground at Oyu Tolgoi, one of the world's largest copper-gold deposits, in March last year and is ramping up to produce around 500,000 tons of copper a year from 2028 onwards. The copper production would be worth some $5 billion annually at current prices, which have retreated below $10,000 a ton from a record near $11,000 a ton in May.
We recently compiled a list of the 10 Best Lithium and Battery Stocks to Buy Now. In this article, we are going to take a look at where Rio Tinto Group (NYSE:RIO) stands against the other lithium and battery stocks. The pivotal role that lithium is playing in the market of batteries, solar panels, and […]
Rio Tinto (RIO) is set to deploy carbon-free aluminum smelting cells using the first ELYSIS license at its smelter in Canada, a significant step in its efforts to decarbonize its aluminum operations.