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Pin to quick picksRio Tinto Share News (RIO)

Share Price Information for Rio Tinto (RIO)

London Stock Exchange
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Share Price: 5,201.00
Bid: 5,207.00
Ask: 5,209.00
Change: 25.00 (0.48%)
Spread: 2.00 (0.038%)
Open: 5,170.00
High: 5,248.00
Low: 5,170.00
Prev. Close: 5,176.00
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Rio Tinto joins forces with First Quantum on Peru copper project

Fri, 31st Mar 2023 07:52

(Sharecast News) - Rio Tinto has agreed to sell a majority stake in its La Granja copper project in Peru to Canada's First Quantum Minerals for $105m.

The deal gives First Quantum a 55% stake in La Granja, one of the world's largest untapped deposits, which will also commit to a further investment of up to $546m to complete a feasibility study.

Rio said the deal paves the way for the pair to collaborate on more copper and other base metals exploration and development projects.

"La Granja is an exciting but complex project that has the potential to be a significant new source of the copper that is needed for the energy transition," the company said.

Global copper demand is forecast to rise sharply as motorists begin to swap to electric vehicles and the world transitions to renewable energies.

Reporting by Frank Prenesti for Sharecast.com

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28 Jun 2024 20:51

Serbia's green activists rally against Rio Tinto lithium project

LOZNICA, Serbia, June 28 (Reuters) - Scores of people in western Serbia's town of Loznica rallied on Friday to protest the contested Rio Tinto lithium project in the Balkan country, fearing its development will damage the environment.

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27 Jun 2024 14:52

Berenberg downgrades Anglo American, Rio Tinto

(Sharecast News) - Berenberg downgraded Anglo American and Rio Tinto on Thursday as it took a look at metals and mining companies.

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27 Jun 2024 09:49

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Rio Tinto

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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27 Jun 2024 09:00

LONDON MARKET OPEN: Nervy trade in London before US data

(Alliance News) - Stock prices in London opened lower on Thursday, despite peers in Europe climbing, with some of the FTSE 100 heavyweights in decline in early trade.

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17 Jun 2024 15:49

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(Sharecast News) - London stocks ended Monday with a mixed performance as renewed concerns over French political uncertainty weighed on investors' minds.

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17 Jun 2024 12:00

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(Alliance News) - Equities in London made an uncertain start to the week, with the FTSE 100 heading into the afternoon in negative territory, as miners struggled following underwhelming China data.

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17 Jun 2024 08:48

LONDON MARKET OPEN: European shares recover but Asian stocks struggle

(Alliance News) - London's FTSE 100 started the week in decent shape, recovering some momentum after a tough week, as investors ready for Thursday's Bank of England decision.

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13 Jun 2024 14:19

Environmental studies show Serbian lithium project is safe, Rio says

BELGRADE, June 13 (Reuters) - Anglo-Australian miner Rio Tinto said on Thursday newly published environmental studies showed that its Serbia lithium project, which was stopped in 2022 after massive protests, would be safe for the environment.

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13 Jun 2024 11:38

Environmental studies show Serbian lithium project is safe, Rio says

BELGRADE, June 13 (Reuters) - Anglo-Australian miner Rio Tinto said on Thursday newly published environmental studies showed that its Serbia lithium project, which was stopped in 2022 after massive protests, would be safe for the environment.

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11 Jun 2024 17:12

London's FTSE 100 logs worst day in nearly two months as financials, miners weigh

FTSE 100 down 1.0%, FTSE 250 slips 0.9%

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11 Jun 2024 09:34

Rio Tinto to buy Mitsubishi's 11.7% stake in Boyne aluminium smelter

(Sharecast News) - Rio Tinto said on Tuesday that it has agreed to buy Mitsubishi Corporation's 11.65% interest in Boyne Smelters (BSL) for an undisclosed sum.

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11 Jun 2024 09:12

LONDON MARKET OPEN: FTSE 100 up; UK unemployment rises to 4.4%

(Alliance News) - Stock prices in London opened higher on Tuesday, after a difficult day for markets on Monday amid the EU election fallout.

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5 Jun 2024 09:52

LONDON BROKER RATINGS: Berenberg raises Taylor Wimpey to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

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29 May 2024 13:27

DIRECTOR DEALINGS: Rio Tinto executive sells GBP3.4 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and Wednesday and not separately reported by Alliance News:

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23 May 2024 16:52

Activist fund Palliser urges Rio Tinto to ditch London listing

(Sharecast News) - Activist hedge fund Palliser Capital urged Rio Tinto to shift its primary stock market listing from London to Sydney, it emerged on Thursday, to potentially increase its share price by nearly 40%.

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