Rio Tinto to buy Rincon lithium project in Argentina for $825m
21st Dec 2021 17:17
(Sharecast News) - Miner Rio Tinto has agreed to buy the Rincon lithium project in Argentina from Rincon Mining for $825m (£622.6).
Read moreRio Tinto names Dominic Barton as chairman designate
20th Dec 2021 07:08
(Sharecast News) - Mining giant Rio Tinto has tapped Dominic Barton to succeed Simon Thompson as the company's new chairman, effective from 5 May 2022.
Read moreLiberum upgrades Rio Tinto to 'hold', says bad news priced in
7th Dec 2021 12:02
(Sharecast News) - Liberum upgraded Rio Tinto to 'hold' from 'sell' on Tuesday as it argued that bad news was now priced in.
Read moreLiberum upgrades Anglo American to 'buy', cites capex in ESG-friendly copper
3rd Nov 2021 10:28
(Sharecast News) - Analysts at Liberum upgraded their recommendation for shares of Anglo American from 'hold' to 'buy', describing it as the sole "pro-growth major" in its space.
Read moreBerenberg lowers target price on Rio Tinto, sees 'meaningful' financial headwinds
21st Oct 2021 13:27
(Sharecast News) - Analysts at Berenberg cut their target price on mining giant Rio Tinto from 5,400.0p to 5,000.0p on Thursday, stating the firm appeared to be facing some "fairly meaningful headwinds" in the near-to-medium term from a financial standpoint.
Read moreRio Tinto in $7.5bn plan to halve carbon emissions by 2030
20th Oct 2021 07:28
(Sharecast News) - Mining giant Rio Tinto said it planned to invest $7.5bn halving carbon emissions by 2030, more than tripling its previous target.
Read moreRio Tinto strategy and development head steps down
19th Oct 2021 08:05
(Sharecast News) - Mining giant Rio Tinto revealed on Tuesday that strategy and development head Peter Toth had accepted a new position outside of the company.
Read moreRio Tinto cuts iron ore shipment forecast due to labour shortage
15th Oct 2021 07:28
(Sharecast News) - Mining giant Rio Tinto on Friday cut annual iron ore shipment forecasts, citing labour shortages in Western Australia.
Read moreBarclays downgrades European miners to 'neutral' on China steel output cuts
14th Sep 2021 10:43
(Sharecast News) - Analysts at Barclays downgraded their stance for European miners to 'neutral' given China's "rapid" steel production cuts and the likelihood that they might extend into 2022 and beyond in order to limit industry emissions.
Read moreJP Morgan sees stocks climbing 'wall of worry'
6th Sep 2021 14:13
(Sharecast News) - Equity strategists at JP Morgan remained positive on the future direction of stock markets, telling clients that they were set to continue climbing the proverbial 'wall of worry'.
Read moreRio Tinto resumes operations at Richards Bay Minerals
24th Aug 2021 10:54
(Sharecast News) - Miner Rio Tinto said on Tuesday that it has resumed operations at Richards Bay Minerals (RBM) in South Africa.
Read moreCredit Suisse stays 'underweight' on non-financial cyclicals but adds to miners
3rd Aug 2021 13:40
(Sharecast News) - Analysts at Credit Suisse reiterated their 'underweight' stance for most European non-financial cyclicals on valuation grounds - but not on miners.
Read moreOfficial China factory PMI slows more than expected in July
31st Jul 2021 18:54
(Sharecast News) - Activity in China's factory sector slowed more than expected in July amid higher weaker demand overseas, equipment maintenance and higher input costs, the results of a closely-followed survey revealed.
Read moreRio Tinto says free cash flow nearly quadruples in H1, some analysts unimpressed
28th Jul 2021 07:55
(Sharecast News) - Rio Tinto reported blow out first half numbers as the combination of government stimulus and strong demand amid constrained supply triggered a "significant" spike in most commodity prices.
Read moreRio Tinto agrees to fund study into damage cause by Panguna mine
21st Jul 2021 07:55
(Sharecast News) - Global miner Rio Tinto has promised to pay for an independent assessment of environmental damage caused by its Panguna mine in Bougainville 32 years after it fled the island as it descended into civil war.
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