Australian multicommodity miner Rio Tinto (NYSE: RIO ) has seen an encouraging price trend in recent weeks, resulting in a 5% rise in the past month, after being essentially in free fall since mid-May. The stock is even up by over 6% since Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing ...

Michael McCrae Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was cofounder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae. Share Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals I ...

Rio Tinto (RIO) announced that it would invest in Pongamia seed farms in Australia to explore the possibility of using its seed oil as a feedstock for renewable diesel. RIO sees biofuels as an avenue to reduce the dependence on fossil diesel, which accounts for around 10% of its emissions footprint in Australia. To achieve net-zero Scope 1 and 2 carbon emissions by 2050, Rio Tinto has chosen electrification as the longterm solution for replacing the use of diesel in its fleet. While electrification is in pr ...

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? 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 recommendation (ABR) of 1.77, o ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? 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 r ...

BJP7images/iStock via Getty Images Investment Thesis Rio Tinto's (NYSE:RIO) share price is down 14 percent year-to-date, off the back of a declining iron ore price and demand uncertainty. Could this be a time to add to my long position in Rio Tinto? Chinese demand for iron ore has likely plateaued, and emerging economies (like India) will be unable to pick up the slack in the short term. Due to changes in the steelmaking process, the demand profile for iron ore is expected to shift to high-grade ore. Goals ...

Sloot Article Thesis Rio Tinto Group (NYSE:RIO) is a leading mining company that has recently seen its shares come under pressure due to some macro concerns. With shares being inexpensively priced right now, RIO could be a good investment for long-term-oriented investors. Past Coverage I have covered Rio Tinto Group here on Seeking Alpha in the past. My most recent article is from June 2023, a little more than a year ago. I gave the company a Buy rating back then, with shares returning 8% so far. At the beg ...

VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited ("Rio2" or the "Company") (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces today that it has changed its auditors from Grant Thornton LLP (the "Former Auditor") to PricewaterhouseCooper LLP (the "Successor Auditor"). The Former Auditor resigned as the auditor of the Company effective August 8, 2024, and the board of directors of the Company appointed the Successor Auditor on August 8, 2024, until the next annual shareholder meeting of ...

Rio Tinto Group Unaudited Condensed Consolidated Interim Financial Report for the six months ended 30 June 2024 This document includes portions of the previously published results of announcement of Rio Tinto (as defined on page 64) as of, and for the six months ended 30 June 2024, announced on 31 July 2024. In the document we use non-IFRS (as defined below) measures which are reconciled to directly comparable International Financial Reporting Standards (IFRS) financial measures ("Non-IFRS Measures"). For m ...

Rio Tinto Group (NYSE:RIO) Q2 2024 Earnings Conference Call July 30, 2024 9:30 PM ET Company Participants Tom Gallop - Head of Investor Relations Jakob Stausholm - Chief Executive Officer Peter Cunningham - Chief Financial Officer Mark Davies - Chief Technical Officer Conference Call Participants Paul Young - Golden Sachs James Redfern - Bank of America Lyndon Fagan - JPMorgan Rob Stein - Macquarie Glyn Lawcock - Barrenjoey Rahul Anand - Morgan Stanley Tim Gerrard - Janus Henderson Kaan Peker - RBC Lachlan ...