Rio Tinto changes tack, ready for talks over Bougainville mine, Aboriginal group says Rio Tinto ignored pleas to save sacred cave from blast, Rio Tinto sues Australia's Monadelphous over fire at iron ore facility, Rio Tinto reports new gold find at Western Australia mine, Aboriginal groups call for Rio to lose human rights status after caves blast, Rio Tinto reaches power supply deal with Mongolia for Oyu Tolgoi mine, Rio Tinto reports stronger-than-expected iron ore output, shares rise, CORRECTED-Miner Rio Tinto's shipments rise 5.5% as output recovers after cyclone hit, BRIEF-Rio Tinto Ltd Posts Qtrly Pilbara Iron Ore Shipments (100% Basis) 72.9 MT, Rio Tinto to scale back New Zealand aluminum smelter operations due to virus, BRIEF-Rio Tinto Provides Update On Oyu Tolgoi Project, Rio Tinto to pay ex-CEO's deferred bonus with interest, Activist investors tighten screws on Rio Tinto's emissions plan, BRIEF-Rio Tinto Posts FY Underlying Earnings Of $10,373 Mln, Rio Tinto halts operations at South African unit as violence rises, UPDATE 1-Rio Tinto halts operations at South African unit as violence rises, Rio Tinto invests $749 million in Pilbara iron ore mine, Rio Tinto considers curtailment, closure of New Zealand aluminum smelter, Rio signs deal with China partners to cut carbon in steelmaking, Mining giant Rio Tinto cuts key iron ore supply forecast again, shares hit. Shrs' earnings history. Share this article with your social networks: SelfWealth Ltd ACN 52 154 324 428 (“SelfWealth”) (Australian Financial Services Licence Number 421789). With banks posting modest increases throughout the week, there was some support for the ASX, which briefly passed the 6,200 mark before late-week selling somewhat dampened the mood. Cookies are small text files containing information that are stored on your computer or device by your web browser when you visit a website. The world's top iron ore miner Rio Tinto Ltd has signed a preliminary deal with two Chinese partners to develop new ways to cut carbon emissions along the steelmaking supply chain, it said in a statement on Wednesday. The iron ore company produced 86.4 million tonnes of the mineral for the third quarter, which is down one per cent on the same quarter in 2019. We have maintained our capex guidance and our 2020 production guidance across our key products. (Bloomberg) -- Rio Tinto Group has made key changes to its cultural heritage management since the May explosions that damaged two Aboriginal Australian sites, outgoing CEO Jean-Sebastien Jacques told a Parliamentary hearing Friday.The miner is modernizing agreements with traditional landowners, won’t enforce clauses that restrict communities from speaking publicly about their concerns and is examining other measures to increase the economic benefit Indigenous people derive from Rio’s operations, Jacques said.Rio is also reviewing all activities with the potential to impact heritage sites as a result of failures exposed in the Juukan Gorge blasts, the London-based producer said in a letter sent this week to 12 traditional owner groups.“We are committed to learning and we have made changes,” Jacques told the hearing, speaking from Canberra. Rio Tinto Limited (Rio Tinto) is a mining company. See here for a complete list of exchanges and delays. On the back of this, refined copper dropped 57 per cent, primarily due to delays in restarting the Kennecott smelter. At market close for the weekend, Rio was down 0.85 per cent with shares worth $95.45 each. Rio Tinto Ltd said on Wednesday it had approved a $749 million investment in its Greater Tom Price operations to help sustain production capacity in its iron ore business in the Pilbara region of Western Australia. Furthermore, the impact of a $1 billion income tax payment to the ATO with respect to FY19 also resulted in a lower number compared with 1H19. Cumulative expenditure is in line with the company’s forecast provided back in October 2019. Its segments include Iron Ore, Aluminum, Copper & Diamonds, Energy & Minerals, and Other Operations. Research Tools. Each SelfWealth member has an alias, so any shared information is anonymous. Aboriginal and human rights groups on Thursday called for miner Rio Tinto Ltd to be stripped of its status as a human rights leader following its destruction of an Aboriginal sacred site showing evidence of 46,000 years of human habitation. However, the September quarter's figure is a four per cent increase from the second quarter of 2020. Rio Tinto (ASX: RIO) has reported its first-half results for FY20. Shrs (ASX:RIO) released its earnings results on Wednesday, February, 27th. The Company's Portfolio of assets is condensed into four product groups: Aluminium, Copper & Diamonds, Energy &Minerals and Iron Ore. The RIO share price opened lower this morning at $99.76 per share, before climbing to $100.78 just after 11am. The impact of the pandemic hit commodities like copper and aluminium throughout the first six months of the year. Its products include aluminum, copper, diamonds, gold, industrial minerals (borates, titanium dioxide and salt), iron ore and thermal and metallurgical coal. A fast and easy way to analyze Australia Stocks Technical analysis gauges display real-time ratings for the selected timeframes. For shareholders, the company has reiterated that it will continue to target a dividend pay-out ratio of between 40-60% of underlying earnings. Taxation, legal and other matters referred to on this website are of a general nature only and should not be relied upon in place of appropriate professional advice. Any information that you receive via FT.com is at best delayed intraday data and not "real time". Rio Tinto Limited Fully Paid Ord. The Financial and Risk business of Thomson Reuters is now. Nevertheless, despite this slightly weaker production, Rio is keeping its production guidance of between 324 and 334 million tonnes of Pilbara iron ore, which is relatively flat in 2019. The Company's business includes bauxite mines, alumina refineries and a range of aluminum smelters. Of this, Pilbara iron ore shipments are anticipated to come in between 324 to 334 Mt. The multi-billion company found itself in hot water this year after blasting a 46,000-year-old Aboriginal heritage site in WA to expand its Brockman 4 iron ore mine. Check out the latest news, insights and unique analysis brought to you by Stockhead's team of business journalists and industry experts on Rio Tinto. However, large-cap energy shares will also deliver quarterly production updates. Jean will depart next year on March 31, unless a replacement is found earlier. Overall, the average daily turnover for the week was $6.4 billion with ASX on-market share of 88.5%. The information contained on this web site is general in nature and does not take into account your personal situation. FT is not responsible for any use of content by you outside its scope as stated in the. Find the latest RIO TINTO FPO (RIO.AX) stock quote, history, news and other vital information to help you with your stock trading and investing. Rio Tinto Ltd will pay out part of a delayed bonus to former Chief Executive Sam Walsh after a dispute resolution process found that the payments should not be held up, both parties said on Thursday. Global miner Rio Tinto Ltd on Monday said it has initiated proceedings against a unit of engineering contractor Monadelphous Group over a fire that occurred last year at its iron ore processing facility at Western Australia. Rio Tinto Ltd (RIO:ASX) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more. ... ASX - ASX Delayed Price. All quotes delayed a minimum of 15 minutes. The resilience of iron ore amid the pandemic cushioned the blow, with underlying EBITDA margin at 47%, with iron ore unit cash costs of US$14.50 per tonne. Find out more at Intelligent Investor ... Our team of analysts provide weekly insights & analysis into undervalued ASX shares to help you build a market beating portfolio. The Company is focused on finding, mining and processing of mineral resources. Read detailed company information including dividend distribution, dividend amount and payment history. BlackRock Investment Management (UK) Ltd. "We are focused on regaining the trust of the Puutu Kunti Kurrama and Pinikura people (PKKP) with a focus on remedy," Jean told the market. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. Rio Tinto (ASX:RIO) Company Profile. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. Meanwhile, in terms of production for other resources, alumina is predicted to total 7.8 to 8.2 Mt, while aluminium is set to be 3.1 to 3.3 Mt. Rio Tinto reported a 6% drop in underlying EBITDA to US$9.6 billion. © 2020 Verizon Media. The company reported $5.12 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $5.02 by $0.11. Rio Tinto announced a US$1.0 billion impairment across four of its aluminium smelters and the Diavik diamond mine, while the impact of foreign exchange movements also accounted for some of the variance between underlying earnings of US$4.8 billion, down 4% year-on-year, and net earnings of US$3.3 billion. Tip: Try a valid symbol or a specific company name for relevant results, Australia markets open in 8 hours 39 minutes, How He Made $2.8M Trading Stocks Part-Time At Home.

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