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RIO - Rio Tinto plc
$80.86
-0.54(-0.66%)6:56:31 PM 1/25/2021
Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. The company offers aluminum, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It is also involved in the alumina production; primary aluminum smelting; bauxite mining; alumina refining; and ilmenite, rutile, and zircon mining, as well as provision of gypsum. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.
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    01/22/2021RIO
    TIMELINE-The battle for Simandou

    Simandou in Guinea is home to the world's richest untapped deposits of iron ore but legal wrangling, alleged corruption and the difficulty of access to the mountain region mean it has yet to be developed. On Friday, a Swiss criminal court found Israeli businessman Beny Steinmetz guilty of corruption and sentenced him to five years in jail over a mining deal his company secured for the Simandou project. Steinmetz has said he will appeal the verdict.

    01/22/2021RIO
    Rio Tinto Group's (RIO) Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in Rio Tinto Group (RIO).

    01/20/2021RIO
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    01/19/2021RIO
    CIMA FINANCE DAC SERIES 2020-6 -- Moody's assigns provisional rating to CiMA Finance Designated Activity Company series 2020-6 notes

    CiMA Finance Designated Activity Company ("CiMA") is a special purpose vehicle incorporated in Ireland as a platform for the issue of several series of debt obligations under a programme. Each series of notes issued by CiMA is secured by certain underlying assets (the "Collateral") allocated to each issue. CiMA has primarily restricted its activities to raising limited recourse debt under the programme, so that, in the case of notes, each issue has its own collateral, which secures the obligat...

    01/18/2021RIO
    Rio Tinto releases fourth quarter production results

    Rio Tinto Chief Executive Jakob Stausholm said "We have delivered a strong safety and operational performance in the face of the significant global challenges of COVID-19. Our 2020 performance reflects the resilience of the business, and the commitment and flexibility of our employees, customers, communities and host governments.

    01/18/2021RIO
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    01/15/2021RIO
    Michelob Ultra Goes Greener With Aluminum in MacBooks

    (Bloomberg) -- Michelob Ultra beer is getting an upgrade: it’ll be served in cans made from the same aluminum used in Apple MacBooks.The appeal of the metal is a better carbon footprint. Beermaker Anheuser-Busch InBev NV and metal producer Rio Tinto Group said Friday that the new cans are partly made using a “carbon-free” process that eliminates greenhouse gases. The specialty metal comes from a joint venture between Rio Tinto and Alcoa Corp., called Elysis, which has counted Apple Inc. among it...

    01/15/2021RIO
    U.S. Approves Copper Mine Land Swap on Native American Land

    (Bloomberg) -- The U.S. government published a report Friday that triggers a swap involving Native American land for an area that could become North America’s largest copper mine, pushing the project into the next phase of a permitting process.The U.S. Forest Service’s final environmental impact statement finalizes a land swap at Oak Flat in Arizona for Rio Tinto Group’s Resolution Copper mine, which has received increased scrutiny from indigenous groups in recent weeks and months. The agency al...