Rio Tinto (RIO) Company Overview

On Tuesday, Rio Tinto announced that it has started to remove ships from two ports in Western Australia because of rough seas caused by tropical cyclones Tahliah and Vince.

We just released an article called Jim Cramer’s Lightning Rounds: 9 Stocks in Focus. In this piece, we will examine how Rio Tinto Group (NYSE:RIO) compares to other stocks. Jim Cramer, the host of Mad Money, recently shared his worries about the unclear economic situation for 2025, especially in […]

LONDON & OSLO, Norway--(BUSINESS WIRE)--Rio Tinto and Hydro are collaborating to explore and assess carbon capture technologies that could be used in aluminium electrolysis. They have signed a partnership agreement to share information, results, and costs related to specific research and development activities, ranging from laboratory tests with outside suppliers to larger pilot projects on-site. The goal is to develop better and commercially viable solutions.

Investors frequently depend on analyst recommendations when choosing to buy, sell, or hold a stock. Changes in ratings from these analysts, who work for brokerage firms, can impact a stock's price, but how significant are they really?

In the last few weeks, Rio Tinto's share price has been stable as investors evaluate the prices of important commodities. The stock is currently priced at 5,000p in London, which is slightly lower than last year's peak of 5,635p.

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto is pleased with the Australian Government's recent announcement of an aluminium production credit aimed at supporting and expanding aluminium smelting in the country. This initiative, part of the Future Made in Australia Plan, positions Australia to become a leader in environmentally friendly metal production and boosts the economy for both local communities and the nation.

Rio Tinto RIO announced that its iron ore shipments for the fourth quarter of 2024 reached 86.5 million tons (Mt), a decrease of 1% compared to the previous year. This brings the total for the year to 328 Mt, also down 1% from last year, but still within the company's expected range of 323-338 Mt.

MELBOURNE, Australia--(BUSINESS WIRE)--Jakob Stausholm, the Chief Executive of Rio Tinto, stated that the company's performance in 2024 was strong and aligned with their goal of enhancing the business while pursuing profitable growth. The introduction of their Safe Production System has helped improve consistency in important operations, particularly in their iron ore and bauxite sectors in Australia, where Amrun and Gove reached record annual outputs.

Rio Tinto Group's shares have been performing poorly for some time, dropping about 16% over the past year. The stock is currently close to its lowest point in the last 52 weeks.