Rio Tinto (RIO)

Sector:

Mining

Index:

FTSE 100

5,371.00p
   
  • Change Today:
    -17.00p
  • 52 Week High: 5,891.00
  • 52 Week Low: 4,559.00
  • Currency: UK Pounds
  • Shares Issued: 1,252.50m
  • Volume: 3,483,855
  • Market Cap: £67,272m
  • RiskGrade: 142

Rio Tinto sees 2023 iron ore shipments in same range as current yr

By Frank Prenesti

Date: Wednesday 30 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Rio Tinto said iron ore shipments next year would be in the same range as current-year guidance, but warned of rising costs.
The mining giant said it expected to ship between 320m-335m tonnes of ore in 2023. It also forecast unit cost of $21-$22.5 per tonne, up from $19.5-$21 per tonne.

It added that it planned to invest a further $600m in renewable energy assets in the Pilbara region of Western Australia - as part of its aim to halve its carbon emissions by 2030 - including the construction of two 100 megawatt solar power facilities and a 200-megawatt hour on-grid battery storage by 2026.

The projects will cut gas costs by about $55 million per year at current prices, it said.

Reporting by Frank Prenesti for Sharecast.com

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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 5,371.00p
Change Today -17.00p
% Change -0.32 %
52 Week High 5,891.00
52 Week Low 4,559.00
Volume 3,483,855
Shares Issued 1,252.50m
Market Cap £67,272m
RiskGrade 142

Rio Tinto Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.87% above the market average83.87% above the market average83.87% above the market average83.87% above the market average83.87% above the market average
34.85% above the sector average34.85% above the sector average34.85% above the sector average34.85% above the sector average34.85% above the sector average
Price Trend
4.87% above the market average4.87% above the market average4.87% above the market average4.87% above the market average4.87% above the market average
42.07% above the sector average42.07% above the sector average42.07% above the sector average42.07% above the sector average42.07% above the sector average
Income
88.21% above the market average88.21% above the market average88.21% above the market average88.21% above the market average88.21% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Growth
88.22% below the market average88.22% below the market average88.22% below the market average88.22% below the market average88.22% 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 6
Neutral 9
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 18-Apr-2024

Time Volume / Share Price
13:35 785,302 @ 5,425.00p
13:35 785,302 @ 5,425.00p
17:08 2,747 @ 5,390.00p
16:35 200 @ 5,371.00p
16:35 424 @ 5,371.00p

Rio Tinto Key Personnel

CEO Jakob Stausholm
CFO Peter Cunningham

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