Rio Tinto (RIO)

Sector:

Mining

Index:

FTSE 100

5,453.00p
   
  • Change Today:
      74.00p
  • 52 Week High: 5,891.00p
  • 52 Week Low: 4,559.00p
  • Currency: UK Pounds
  • Shares Issued: 1,252.50m
  • Volume: 1,689,551
  • Market Cap: £68,299m
  • RiskGrade: 142

Rio Tinto resumes operations at Richards Bay Minerals

By Michele Maatouk

Date: Tuesday 24 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Miner Rio Tinto said on Tuesday that it has resumed operations at Richards Bay Minerals (RBM) in South Africa.
Mining operations at RBM were stopped in June due to safety concerns following the fatal shooting of a senior manager.

Rio said the resumption of operations follows a stabilisation of the security situation around the mine, supported by the national and provincial government, as well as substantive engagement with host communities and their traditional authorities.

Rio's chief executive of Minerals, Sinead Kaufman, said: "The safety and security of our people has been our priority throughout and we recognise the collaboration and constructive dialogue we have had with all stakeholders to get us into a position where we can restart operations and resume contributing to the host communities, KwaZulu-Natal and South Africa.

"I also acknowledge the resilience and dedication shown by all our people at RBM over the past weeks."

Rio said operations will be ramping up to capacity as soon as possible, with the overall impact of the suspension still to be assessed.

"At this time, the force majeure declared on customer contracts remains in place," it said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Rio Tinto Market Data

Currency UK Pounds
Share Price 5,453.00p
Change Today 74.00p
% Change 1.38 %
52 Week High 5,891.00p
52 Week Low 4,559.00p
Volume 1,689,551
Shares Issued 1,252.50m
Market Cap £68,299m
RiskGrade 142

Rio Tinto Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.61% above the market average78.61% above the market average78.61% above the market average78.61% above the market average78.61% above the market average
41.35% above the sector average41.35% above the sector average41.35% above the sector average41.35% above the sector average41.35% above the sector average
Price Trend
47.76% above the market average47.76% above the market average47.76% above the market average47.76% above the market average47.76% above the market average
72.41% above the sector average72.41% above the sector average72.41% above the sector average72.41% above the sector average72.41% above the sector average
Income
87.73% above the market average87.73% above the market average87.73% above the market average87.73% above the market average87.73% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Growth
87.8% below the market average87.8% below the market average87.8% below the market average87.8% below the market average87.8% below the market average
74.6% below the sector average74.6% below the sector average74.6% below the sector average74.6% below the sector average74.6% below the sector average

What The Brokers Say

Strong Buy 6
Buy 7
Neutral 8
Sell 1
Strong Sell 0
Total 22
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rio Tinto Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Mar-24 10-Aug-23
Paid 18-Apr-24 21-Sep-23
Amount 258.00¢ 177.00¢

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 1,078 @ 5,453.00p
16:35 800 @ 5,453.00p
16:35 302 @ 5,453.00p
16:35 1,298 @ 5,453.00p
16:35 900 @ 5,453.00p

Rio Tinto Key Personnel

CEO Jakob Stausholm
CFO Peter Cunningham

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