Rio Tinto Group (OTCMKTS: OTCPK:RTNTF) is one of the largest mining corporations in the world, with a market capitalization of well over $100 billion USD. The company continues to be susceptible to changes in ore prices. However, it continues to generate strong cash flow with incredibly important assets. That will enable the company to continue generating long-term shareholder returns. Rio Tinto Investor Presentation The company's sales revenue declined by 3%, a $1.6 billion decline, but in a world with hig ...

The deal with Mitsubishi is subject to various closing conditions, including approval from Australia's Foreign Investment Review Board. It is expected to close in the second half of 2024. Following the closure, Mitsubishi will not have any stake in the BSL joint venture. Rio Tinto (73.5%) will have a majority stake in the joint venture and the remaining will be held by YKK Aluminium (9.50%), UACJ Australia (9.29%) and Southern Cross Aluminium (7.71%). Price Performance The facility's activities include manu ...

Throughout the festival, the RIO units were strategically placed across key locations to enhance security coverage. The units operated flawlessly, providing continuous surveillance, monitoring for potential threats, and ensuring rapid response capabilities. The advanced AI technology embedded within the RIO units allowed for real-time analysis of crowd movement, immediate detection of any unusual activities, and swift communication with on-site security personnel law enforcement. Detroit, Michigan, June 10, ...

Rio Tinto (RIO) announced that it will invest $143 million to develop a research and development facility in Western Australia to test the effectiveness of its breakthrough low-carbon ironmaking process, BioIron. BioIron uses raw biomass material produced from agricultural by-products instead of metallurgical coal and is heated using a combination of gas released by the biomass and high-efficiency microwaves powered by renewable energy, which turns the iron ore into metallic iron. This process uses approxim ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Rio Tinto (RIO) . Rio Tinto currently has an average brokerage recommendat ...

VANCOUVER, BC, June 3, 2024 /PRNewswire/ -- One of the biggest threats to the ongoing energy transition is the world's ongoing copper shortage that's set to get worse. As demand for the red metal continues skyrocketing, the International Energy Agency (IEA) predicts that existing mines and projects under construction will meet only 80% of copper needs by 2030, which is concerning as opening a single copper mine typically takes 23 years. With the world's two most prolific copper producing countries coming fr ...

The trials will kick off in the second half of 2024 with two Cat 793 haul trucks. This will be followed by two Komatsu 930 haul trucks in 2026. BHP will trial the Caterpillar trucks, while Rio Tinto will test the Komatsu trucks. In 2021, Rio Tinto and BHP worked with both Caterpillar and Komatsu to support the development and validation of their prototype battery-electric haul trucks. The trucks included in the current trials are based on these prototypes. Both companies will conduct independent trials of t ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Rio Tinto (RIO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Rio Tinto currently has an average brokerage recommendation ( ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1 ...

• Tightness has emerged in the physical copper concentrate markets, following mine disruptions • Reported refined inventories remain at multi-year lows, leaving little buffer for future market deficits CP Slag ($/t) FY average 3 • TiO2 feedstock prices eroded in the second half of the year after slightly increasing in the first half • Demand for TiO2 products was impacted by a weakening macro environment in 2023, resulting in sales volume declines for pigment producers in North America and Europe • The glob ...