The Latest Breaking News from Rio

Reuters reported that Australia's Rio Tinto plc (NYSE:RIO) confirmed its exit from the state mining lobby group after raising concerns that its policy on expanding coal mines did not align with the Paris Climate Agreement. Global corporations have been attempting to appease authorities and shareholders by striving for higher emission cuts to comply with…

Rio Tinto (NYSE:RIO) has outperformed the market over the past 5 years by 1.83% on an annualized basis producing an average annual return of 15.29%. Currently, Rio Tinto has a market capitalization of $131.45 billion.

Mining giant accused of failing to disclose key material about how it would transition to a zero-carbon economy

Mining giant funded latest excavation at Yirra, which yielded stone tools, charcoal and bone showing habitation during the last ice age

Further Western sanctions on Russia, the possibility of aggressive interest rate hikes by the Fed, and deepening supply chain disruptions have fueled significant market volatility of late. Therefore, we think it could be wise now to bet on high-yielding dividend stocks Rio Tinto (RIO) and Dorchester Minerals (DMLP) to generate…

Global miner Rio Tinto says it paid $US13.3 billion in taxes and royalties in 2021 across the countries it operates in.

Copper prices are currently hovering near all-time highs due to fears of supply disruptions and low stockpiles. As the world transitions towards clean energy, the demand for copper, a widely used metal in energy generation, is expected to keep surging, leading to a further increase in its prices. Fundamentally strong…

Chris Salisbury was one of three senior executives who stepped down after the destruction of a 46,000-year-old sacred site at Juukan Gorge. He has been named as the proposed chair of a $658m merger with the company developing WA's first uranium mine.

Despite the escalating supply chain disruptions due to the Russia-Ukraine war, and the resurgence of COVID-19 cases in many countries, the expected economic recovery and infrastructure spending should drive the basic materials industry’s growth. Therefore, considering current market volatility, we think it could be wise to bet on high dividend-yielding…

The Anglo-Australian firm is hoping to take full ownership of its major copper mine project in Mongolia by buying out Canadian partner Turquoise Hill.

Mining giant’s decision follows other big names exiting Russia and casts doubt over Queensland Alumina Ltd joint venture