Rio Tinto Ltd shares down Wednesday, underperforms the Materials sector
Here is the latest company close update for Rio Tinto Ltd, RIO.
Rio Tinto
Rio talks up franking credits as Palliser calls for ‘sunlight’
Mining giant Rio Tinto has given its London investors a lesson on Aussie tax breaks as former WA treasurer Ben Wyatt warned of franking credit waste in ditching its dual listing.
Hedge fund boss takes Rio to task over dual-listing structure
As Rio Tinto shareholders prepare to have their say on leaving the London listing behind, activist hedge fund Palliser Capital has accused the mining giant’s board of running scared.
Rio Tinto dividend warning ahead of vote to quit London listing
Abandoning a dual-listed structure could cost Rio Tinto billions of dollars more and make it harder to pay fully franked dividends to Australian shareholders, says Goldman Sachs.
Aussie’s Congo lithium hopes hinge on US envoy talks
A US special envoy is scheduled to arrive in the Democratic Republic of Congo for talks crucial to Australian minerals company AVZ’s hope of regaining control of a lithium project.
Night parrot forces Rio to alter plans for ‘copper whopper’ mine
Rio Tinto has adjusted its plans for Australia’s next big copper-gold mine after the shock discovery of one of the world’s rarest birds: the night parrot.
Striking smelter workers win better pay deal
The giant Tomago aluminium smelter’s management has bowed to striking workers as hopes fade for a US tariff exemption.
Rio Tinto’s new iron mine to create 1000 jobs
Rio Tinto has pulled the trigger on a new iron ore mine in WA on the same day it wrapped up the takeover of Arcadium Lithium.
ASX 200 slumps; Star close to Queen’s Wharf deal
Casino operator’s deal with Hong Kong partners to help avoid administration. Ex-dividend trading, oil price slide weigh on bourse. Insurers face $2bn-plus hit from Cyclone Alfred. APRA moves to tighten financial board rules.
Union claims victory in BHP, Rio recruitment drive
The Electrical Trades Union has signed up hundreds of workers at key BHP and Rio Tinto operations, in a shake-up of the Pilbara’s industrial relations landscape.
Unions accuse Rio of iron ore scare campaign
Rio Tinto says industrial peace is at risk, as it tries to stave off a union power grab.
Three banks in line for monster Rio Tinto equity raising
Rio Tinto’s Australian shareholders are understood to be strongly against a move by the mining giant to launch an equity raising in Australia, which may be as large as $6bn.
Power price hit threatens giant Tomago aluminium smelter
Tomago’s owners, including Rio Tinto and CSR, could pay twice as much for their electricity needs once a coal contract ends in 2028.
ASX 200 hits 5-week low; $2.4bn for Whyalla Steelworks
Fortescue leads mining losses. Banks continue to sink. Goodman down on equity raising. Megaport top gainer as Telstra, Wesfarmers also lift. Rescue package for SA steel plant. Jobs rise more than expected.
Tomago smelter facing further strike action
The immediate future of a Rio Tinto-backed Tomago aluminium smelter that underpins the NSW energy market hangs in the balance as 560 workers dig in for a fight over pay.
Miners spared cyclone calamity but Rio facing uphill battle
Rio Tinto will be playing catch-up with its struggling iron ore operations for the rest of this year but has come through the latest cyclone to hit the WA coast in better shape than first feared.
Iron ore and LNG giants brace for impact of massive cyclone
The strongest cyclone to hit WA in years is set to disrupt iron ore and LNG production.
Tariff threat: Aluminium producers fight to protect smelters and jobs
Australia’s top manufacturing export industry is bracing for the fallout from hefty Trump tariffs on aluminium.
Tipping point: Rio flags battery power future as coal costs rise
Rio Tinto’s aluminium boss says its smelters in NSW and Queensland are doomed if they rely on coal-fired power stations, as cheaper battery storage for green energy becomes more viable.
More exposure to copper the prize for big miners
Moves by BHP and Rio Tinto to think about major transactions says a lot about their expectations for the country’s iron ore production.
Flooding rains halt Rio Tinto iron ore operation
A loader at Rio Tinto’s Pilbara iron ore operations is out of action following flooding rains brought by Tropical Cyclone Sean.
ASX rises; IGO lithium mine expansion shuttered
Australian shares track US gains. Wesfarmers soars on upgrade. Goodman reverses intraday gain. Monadelphous, Synlait jump on updates but Kogan dives. Trump China comments lift stocks, $A. IGO creeps up despite hammer blow dealt to lithium plant.
Rio Tinto CEO: This is a pivotal moment for the nation
Mining boss Jakob Stausholm says Australia needs to grasp the opportunities and ensure it does not price itself out of the market.
Rio counts cost as Pilbara iron ore operations flooded
Rio Tinto’s iron ore operations have suffered another blow as it remains silent about any merger talks it held with Glencore.
Coal a potential issue in Rio Tinto-Glencore ‘clash of cultures’
Combining Glencore’s aggressive trader culture with Rio’s more conservative approach would be one problem of the mega merger. Then there is the question of what to do about coal.
Rio, Glencore exploring mega merger
Rio Tinto and Glencore have held early-stage talks about a deal valued at $260bn which would create the biggest mining company in the world.
Rio Tinto and Glencore ‘in merger talks’
A tie-up between the two mining heavyweights would create the sector’s largest company.
ASX 200 sheds 0.2pc as banks fall; Insignia, Lovisa gain
Banks weigh after a bearish note from Citi. Miners supported after China’s GDP surprise. Rio Tinto, Glencore reportedly in merger talks. Insignia soars after CC Capital outbids Bain. Lovisa gains on broker upgrade.
Rio facing more iron ore headaches in WA
The mining heavyweight has warned shareholders about production costs after a rain-hit end to 2024.
Grim outlook for worker lost at sea
A crew member of a Rio Tinto ship that was en route to Australia remains missing nearly three weeks after he disappeared at sea.
Original URL: https://www.theaustralian.com.au/topics/rio-tinto