Rio Tinto (RIO)

Sector:

Mining

Index:

FTSE 100

5,192.00p
   
  • Change Today:
    -68.00p
  • 52 Week High: 5,891.00p
  • 52 Week Low: 4,559.00p
  • Currency: UK Pounds
  • Shares Issued: 1,252.59m
  • Volume: 2,711,467
  • Market Cap: £65,034m
  • RiskGrade: 142

Rio Tinto automated iron ore train derails in Western Australia

By Frank Prenesti

Date: Monday 13 May 2024

LONDON (ShareCast) - (Sharecast News) - An automated iron ore train operated by mining giant Rio Tinto has derailed after colliding with a set of stationary wagons in north-western Australia on Monday, the company said.
The incident occurred about 80 kilometres outside the West Australian town of Karratha, a Rio Tinto spokesperson said, adding that 22 wagons and three locomotives were impacted.

"There were no people within the vicinity of the incident and no injuries. We have notified the appropriate regulators and commenced an investigation.

Australia's Office of the National Rail Safety Regulator (ONRSR) said a recovery train was reported to have collided with the ore train it was sent to retrieve after it was "disabled by a mechanical failure".

Rio operates a 2,000-kilometre rail network as part of its massive iron ore operations across the state, shipping iron ore from pit to port.

The latest incident is the second to hit the network this year. In February, one of its autonomous trains derailed about 120km from Dampier port, impacting 38 wagons.

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 5,192.00p
Change Today -68.00p
% Change -1.29 %
52 Week High 5,891.00p
52 Week Low 4,559.00p
Volume 2,711,467
Shares Issued 1,252.59m
Market Cap £65,034m
RiskGrade 142

Rio Tinto Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.96% above the market average80.96% above the market average80.96% above the market average80.96% above the market average80.96% above the market average
72.52% above the sector average72.52% above the sector average72.52% above the sector average72.52% above the sector average72.52% above the sector average
Price Trend
0.64% below the market average0.64% below the market average0.64% below the market average0.64% below the market average0.64% below the market average
30.94% above the sector average30.94% above the sector average30.94% above the sector average30.94% above the sector average30.94% above the sector average
Income
93.40% above the market average93.40% above the market average93.40% above the market average93.40% above the market average93.40% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Growth
88.85% below the market average88.85% below the market average88.85% below the market average88.85% below the market average88.85% below the market average
66.1% below the sector average66.1% below the sector average66.1% below the sector average66.1% below the sector average66.1% below the sector average

What The Brokers Say

Strong Buy 5
Buy 8
Neutral 7
Sell 1
Strong Sell 0
Total 21
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 15-Jul-2024

Time Volume / Share Price
16:13 0 @ 5,207.00p
16:13 0 @ 5,207.00p
16:13 0 @ 5,207.00p
16:22 0 @ 5,198.00p
16:09 0 @ 5,211.00p

Rio Tinto Key Personnel

CEO Jakob Stausholm
CFO Peter Cunningham

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