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Rio Tinto

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Rio Tinto continues to expand iron ore glut

ABC Online - ‎Jul 18, 2016‎
Australia's iron ore glut has continued with Rio Tinto pumping out more of the steelmaking ingredient in the second quarter of 2016 even as prices start to pull back.

Faster Rio Tinto asset sales eyed

The Australian - ‎Jul 14, 2016‎
... but concerns around the long-term ownership as well as a chequered environmental and safety record could see it on the block. “Grasberg is clearly a Tier 1 asset,” UBS said.
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Rio Tinto, BHP Billiton face conundrum over deals

The Australian Financial Review - ‎Jul 11, 2016‎
Rio CEO Jean-Sebastien Jacques used his first interviews in the job to make it clear his team would remain disciplined when doing deals.

BHP Billiton, Rio Tinto and Fortescue are in no rush to change iron ore balance

The Australian Financial Review - ‎Jul 17, 2016‎
It's highly likely that Fortescue Metals Group will be the only one of the Big Three iron ore players to beat its production target this week when BHP Billiton, Rio Tinto and the Third Force present their numbers for the June quarter. We already know ...

Rio Tinto's $1 sale of Blair Athol coal mine 'puts risk back on taxpayer'

ABC Online - ‎Jul 11, 2016‎
Global mining giant Rio Tinto wants to sell its mothballed Blair Athol mine near Clermont in central Queensland to junior miner TerraCom.
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BHP and Rio Tinto's Australian shares have soared in comparison to the UK stock

The Sydney Morning Herald - ‎Jul 13, 2016‎
It was one of the biggest trades in the market during the mining boom, and now the share price "spreads" for BHP Billiton and Rio Tinto are in rare territory once more. The dual-listed structure that both miners operate under gives investors a choice ...
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3 ways Rio Tinto Limited shares could go higher in financial year 2017

Motley Fool Australia - ‎Jul 14, 2016‎
In the last five years, shares in Rio Tinto Limited (ASX: RIO) have fallen by 40%. Sure, much of that is due to falling commodity prices, with the likes of BHP Billiton Limited (ASX: BHP) falling by 55% and Woodside Petroleum Limited (ASX: WPL ...
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Rio Tinto Reorganizes

Engineering & Mining Journal - ‎Jul 22, 2016‎
Incoming Rio Tinto Chief Executive Jean-Sébastien Jacques announced a new organizational structure for the company's businesses effective July 2. Included are four product groups—Aluminium, Copper & Diamonds, Energy & Minerals, and Iron Ore—and ...
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Fortescue, Rio Tinto well placed for better iron ore climate

The Australian - ‎Jul 13, 2016‎
While BHP Billiton's tonnages were flat, the output of Rio Tinto - the biggest producer - spiked 10 per cent to an estimated 331mt.

Rio Tinto's 1H16 Production According to Plan: What's Next?

Market Realist - ‎Jul 21, 2016‎
On July 19, 2016, Rio Tinto (RIO) reported overall in-line production results for 2Q16 and the first half of 2016. There were no major surprises.

Risk assessment neglected before Tinto death

Sky News Australia - ‎Jul 19, 2016‎
A task-based risk assessment was not performed before a drill fitter was fatally crushed while working on a rig at Rio Tinto's Channar mine in WA's Pilbara region. Lee Buzzard, 32, was performing maintenance on a blast-hole drill rig on the night of ...

Iron ore output on track: Rio Tinto - ‎Jul 18, 2016‎
That means the miner will have to significantly lift production in the remaining two quarters to meet its full year guidance. Rio expects to ship 330 million tonnes this year from its operations in Western Australia, and another 20 million tonnes from ...

Rio Tinto Reaches Analyst Target Price

Forbes - ‎Jul 19, 2016‎
In recent trading, shares of Rio Tinto plc (NYSE: RIO) have crossed above the average analyst 12-month target price of $32.90, changing hands for $32.99/share.

Selling Rio Tinto

Mining Journal (subscription) - ‎Jul 19, 2016‎
New Rio Tinto boss Jean-Sebastien Jacques has done a fine job selling himself to the investment community but the real challenge is just starting and that's selling large chunks of the company itself in a flat market to tight-fisted potential buyers.

Critics say Rio Tinto was wrong to lobby NWT minister on Diavik water issue - ‎Jul 21, 2016‎
The Yellowknives Dene First Nation and Kevin O'Reilly, MLA for Frame Lake, say Rio Tinto was wrong to lobby Environment Minister Wally Schumann while he was mulling a recent recommendation from the Wek'eezhii Land and Water Board - and that ...
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Bougainville wants international pressure on Rio Tinto

Radio New Zealand - ‎Jul 20, 2016‎
A special meeting of the parliament on Bougainville has strongly condemned the way Rio Tinto walked away from its obligations to the province.

Rio Tinto awards contract for Amrun Export Facility

Construction Industry News (press release) (subscription) (blog) - ‎Jul 12, 2016‎
McConnell Dowell managing director of Australia Jim Firth said Rio Tinto and Bechtel's “collaborative approach to procurement enabled our team to contribute to the development of innovative engineering that fully addresses the projects challenges and ...
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Rio Tinto plc 34.7% Potential Upside Indicated by Deutsche Bank

DirectorsTalk Interviews - ‎Jul 20, 2016‎
Rio Tinto plc with EPIC/TICKER LON:RIO had its stock rating noted as 'Reiterates' with the recommendation being set at 'BUY' this morning by analysts at Deutsche Bank.

The Zacks Analyst Blog Highlights: Taiwan Semi, Rio Tinto and Barrick Gold

Nasdaq - ‎Jul 19, 2016‎
Chicago, IL - July 19, 2016 - announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

The 'New Colonialism': Rio Tinto in Madagascar

War on Want (press release) - ‎Jul 12, 2016‎
Ross Hemingway, Senior Media & Communications Officer, War on Want. A version of this article was first carried by Red Pepper.