Serbia pulls plug on Rio Tinto's $2.4bn lithium project
21st Jan 2022 10:47
(Sharecast News) - Shares in Rio Tinto fell in both London and Australia on Friday, after Serbia revoked the miner's lithium exploration licences.
Read moreBerenberg raises target price on Rio Tinto
19th Jan 2022 11:01
(Sharecast News) - Analysts at Berenberg hiked their target price on mining giant Rio Tinto from 5,500.0p to 5,700.0p on Wednesday after the firm's fourth-quarter production efforts were broadly in line with their estimates.
Read moreRio Tinto iron ore shipments down on labour shortages, mine delay
18th Jan 2022 07:24
(Sharecast News) - Anglo-Australian miner Rio Tinto said it expected 2022 iron ore shipments to be slightly weaker than forecast due to tight labour market conditions and production delays from its new greenfields mine at Gudai-Darri project.
Read moreBerenberg upgrades Rio Tinto, Centamin
7th Jan 2022 14:16
(Sharecast News) - Berenberg upgraded Rio Tinto and Centamin on Friday as it took a look at the metals and mining sector.
Read moreBerenberg maintains 'hold' rating on Rio Tinto following 'sensible' Salar del Rincon acquisition
22nd Dec 2021 10:09
(Sharecast News) - Analysts at Berenberg said in a flash note on Wednesday that Rio Tinto's $825.0m acquisition of the Salar del Rincon lithium brine project in Argentina was an "interesting deal" for the firm.
Read moreRio 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'.
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