Rio Tinto . Stock News

Miners BHP and Rio Tinto have made calls on acquisition opportunities but investors did not warm to them or most of the market.

Here''s what''s happening on the ASX 200 on Wednesday The post ASX 200 (ASX:XJO) midday update: Rio Tintos lithium acquisition, Pilbara Minerals jumps appeared first on The Motley Fool Australia .

Rio Tinto CEO Jakob Stausholm says Rio Tinto has benefited strongly from Japan''s continued support.

Serbian authorities are scrapping Rio Tinto''s planned lithium mine following extensive protests but the mining giant has vowed not to abandon the project.

Environmentalists campaign shakes government into putting multinationals $2.4bn mining operation on hold

Australian shares ended lower on Wednesday as cautious investors refrained from placing big bets ahead of outcome of the US Federal Reserve''s two-day policy meeting, possibly adding to the pressure on its peers for further tightening. The S&P/ASX 200 index closed 0.7% lower, marking its worst session since Dec. 2. Stock markets across Asia skidded in anticipation that the US central bank would stop buying assets after a hotter-than-expected inflation readings for November. The rapid spread of the Omicron variant is an added complication that could incline the Fed to be less hawkish, though recently officials have sounded more concerned about the persistence of inflation than the pandemic. "The dual threat of increasing virus cases and inflation dampened expectations of the Australian economy entering 2022 on a firm footing," said Kunal Sawhney, chief executive officer, Kalkine Group. Weakness prevailed among all major sub-indexes on the Australian bourse, with gold and tech stocks losing the most.

Several analysts have recently updated their ratings and price targets for Rio Tinto Group (LON: RIO): 12/14/2021 Rio Tinto Group had its hold rating reaffirmed by analysts at Liberum Capital. They now have a GBX 4,250 ($56.16) price target on the stock. 12/13/2021 Rio Tinto Group was given a new GBX 4,900 ($64.75) []

Decarbonisation has been in the ASX headlines in the past month, several majors hitting the markets with decarbonisation strategies, including Worley, Rio Tinto, and Woodside Petroleum The post ESG Focus: ASX Top100 Accelerate Green Push appeared first on FNArena .

Labor Senator Pat Dodson says Western Australia missed its one opportunity to give Indigenous people control of their heritage Get our free news app ; get our morning email briefing WA Labor senator Pat Dodson has blasted the Western Australian government for failing its one opportunity to protect Aboriginal heritage and stop the tyranny of cultural genocide after the states controversial new heritage bill was passed into law. The new law, introduced after Rio Tinto destroyed a 46,000-year-old cultural site at Juukan Gorge , has drawn anger from Aboriginal traditional owners, shareholder groups and even federal MPs. After months of asking, the bill was finally released to the public on 16 November. Continue reading

Edge Capital Group LLC purchased a new position in Rio Tinto Group (NYSE:RIO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,753 shares of the mining company’s stock, valued at approximately $384,000. A number of other hedge funds also recently […]

Australian shares recovered from early falls to close flat on Tuesday, as gains in financials countered losses in retailers, while investors braced for a slew of central bank meetings this week, including by the US Federal Reserve. The S&P/ASX 200 index settled 0.01% lower at 7,378.40, clawing back from a 0.5% fall in early trade. Financials rose 0.2%, turning around from a 0.5% early fall, with three of the big four banks climbing between 0.04% and 0.6%. Commonwealth Bank of Australia slipped 0.5%. Retailers were the biggest losers on the benchmark, falling as much as 6% in their worst session since March 2020. The plunge came after Woolworths Group, Australia''s biggest supermarket chain, forecast lower first-half operating income from its domestic food business. Shares of Woolworths dived 7.7%, while those of rival Coles fell 2.7%. Miners climbed 0.6% as iron ore prices remained strong amid tight supply. Rio Tinto, BHP Group and Fortescue Metals rose between 0.05% and 1.4%. The Fed begins its two-day monetary policy meeting later in the day, and it is expected to announce a wrapping up of its bond buying stimulus sooner than previously communicated, potentially setting up earlier interest rate hikes next year.

Rio Tinto is one ASX share which is expected to pay a large dividend. The post 2 ASX shares with big dividend yields rated as buys appeared first on The Motley Fool Australia .

The major diversified Rio Tinto (ASX:RIO) and Canadian junior Star Diamond have terminated their long-standing and controversial dispute. As part of the resolution Rio Tinto and Star Diamond reached agreements that were jointly reviewed in order to advance the development of a diamond mining operation on the Fort a la Corne property in Saskatchewan, Canada. []

The major diversified Rio Tinto (ASX:RIO) and Canadian junior Star Diamond have terminated their long-standing and controversial dispute. As part of the resolution Rio Tinto and Star Diamond reached agreements that were jointly reviewed in order to advance the development of a diamond mining operation on the Fort a la Corne property in Saskatchewan, Canada. […] The post Rio Tinto (ASX:RIO) and Star Diamond Settle Dispute Over Star-Orion South Diamond Project appeared first on MiningFeeds .