Rio Tinto (RIO)

Sector:

Mining

Index:

FTSE 100

5,017.00p
   
  • Change Today:
      39.00p
  • 52 Week High: 5,891.00
  • 52 Week Low: 4,559.00
  • Currency: UK Pounds
  • Shares Issued: 1,252.50m
  • Volume: 2,101,671
  • Market Cap: £62,838m
  • RiskGrade: 142

Rio Tinto loses radioactive capsule in Australian outback

By Iain Gilbert

Date: Monday 30 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Iron ore giant Rio Tinto has lost a radioactive capsule somewhere in Western Australia, between the town of Newman and the state's capital city.
Rio Tinto said on Monday that it was "sorry for the alarm" that the loss had created, with the casing, a density gauge which is roughly 6mm in diameter, containing radioactive Caesium-137.

"As part of this investigation we are working closely with the contractor to better understand what went wrong in this instance," said Simon Trott, Rio Tinto's iron ore chief executive.

"Rio Tinto engaged a third-party contractor, with appropriate expertise and certification, to safely package the device in preparation for transport off-site ahead of receipt at their facility in Perth. Prior to the device leaving the site, a Geiger counter was used to confirm the presence of the capsule inside the package."

The London-based company stated the capsule left the Gudai-Darri mine site on 12 January and was reported missing on 25 January.

State officials have issued a radiation alert across a massive chunk of Western Australia, given that the distance between Newman and Perth is roughly 870 miles.

The news comes less than three years after Rio Tinto blasted a 46,000-year-old indigenous Australian rock shelter at Juukan Gorge in order to expand an iron ore mine - a move that led to several of its senior executives, including then-CEO Jean-Sébastien Jacques, leaving the group.

As of 0920 GMT, Rio Tinto shares were up 0.16% at 6,300.0p.





Reporting by Iain Gilbert at 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 5,017.00p
Change Today 39.00p
% Change 0.78 %
52 Week High 5,891.00
52 Week Low 4,559.00
Volume 2,101,671
Shares Issued 1,252.50m
Market Cap £62,838m
RiskGrade 142

Rio Tinto Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.72% above the market average92.72% above the market average92.72% above the market average92.72% above the market average92.72% above the market average
77.10% above the sector average77.10% above the sector average77.10% above the sector average77.10% above the sector average77.10% above the sector average
Price Trend
13.26% below the market average13.26% below the market average13.26% below the market average13.26% below the market average13.26% below the market average
49.65% above the sector average49.65% above the sector average49.65% above the sector average49.65% above the sector average49.65% above the sector average
Income
90.42% above the market average90.42% above the market average90.42% above the market average90.42% above the market average90.42% above the market average
47.83% above the sector average47.83% above the sector average47.83% above the sector average47.83% above the sector average47.83% above the sector average
Growth
88.38% below the market average88.38% below the market average88.38% below the market average88.38% below the market average88.38% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% 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 28-Mar-2024

Time Volume / Share Price
16:42 3,083 @ 5,017.00p
16:38 3,000 @ 5,017.00p
16:38 799 @ 5,017.00p
16:38 799 @ 5,017.00p
16:38 799 @ 5,017.00p

Rio Tinto Key Personnel

CEO Jakob Stausholm
CFO Peter Cunningham

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