Rio Tinto Stock News

Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licences over environmental concerns

Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licences over environmental concerns, hurting the Anglo-Australian miner's ambition to become Europe's largest suppli

On environmental grounds but there is speculation the tennis player incident played a role.

The stock market traded flat after Tuesday''s sell-off; Procter & Gamble and Microsoft jumped, and Rio Tinto led a group of mining stocks. The post Stock Market Trades Flat After Tuesday''s Sell-Off; PG And MSFT Gain appeared first on Investor''s Business Daily .

Rio Tinto stock is up more than 4% in just the last one week, outperforming the S&P 500 which was down 0.3% during this period. If you look at the change in stock over the last ten days and one month,

Rio Tinto: Asymmetric Global Growth Opportunity

(Kitco News) - Rio Tinto reported today that its Pilbara iron ore production of 319.7 million tonnes in 2021 was 4% lower than 2020, mainly due to above average rainfall in the first half of the year, cultural heritage management and delays in growth and brownfield mine replacement tie-in projects.

Rio Tinto's (RIO) iron ore shipments in 2021 were lower than the prior year due to above-average rainfall in the first half. It expects iron ore shipments to be 320-335 million tons in 2022.

Rio Tinto <> says it is delaying the timeline for first production from its planned $2.4B lithium mine in Serbia by at least a year to 2027, citing slow progress

(Kitco News) - Rio Tinto reported today that its Pilbara iron ore production of 319.7 million tonnes in 2021 was 4% lower than 2020, mainly due to above average rainfall in the first half of the year,

Rio Tinto's (RIO) iron ore shipments in 2021 were lower than the prior year due to above-average rainfall in the first half. It expects iron ore shipments to be 320-335 million tons in 2022.

Futures Tumble As Global Bond Yields Surge Yesterday when US stock markets were closed but both bond and equity futures were trading, we pointed out that 10Y Treasury futures implied a yield of over 1.80%, a number which was the highest in years and which we warned would cause headaches for stock traders when the US reopened fully on Tuesday. And sure enough, with 10Y yields surging as high as 1.8536% overnight and 2Y yields jumping to 1.05% (up a whopping 15bps from 0.90% last Friday) .... futures are getting hammered this morning, with emini S&P futures down 48 points or over 1% and just above 4,600, while Nasdaq futures were getting hammered again, sliding 1.62% or 254 points. The dollar rose and Brent oil touched $88/bbl, the highest price since 2014. Global stocks have had a turbulent start to the year as investors shift out of more expensive and rates-sensitive sectors such as technology into cheaper, so-called value shares. Market participants are now waiting for the earnings season to gauge whether companies can continue delivering robust profits despite higher costs and challenges from omicron.

Rio Tinto PLC (LSE:RIO) raised its iron ore production forecast for the current year but has pushed back the expected start of a major lithium project in Serbia due to local objections. The mining gia

Rio Tinto (RIO) reports full-year production fell across all commodities it produces, including a 3% drop in iron ore shipments 321.6M metric tons from its Australian mining operations