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RioTinto


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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead July 26 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 29-Jul-2024 BMO PSON.L Pearson PLC Half Year 2024 Pearson PLC Earnings Release 30-Jul-2024 22:30 RIO.L RIO.AX Rio Tinto PLC Rio Tinto Ltd Half Year 2024 Rio Tinto PLC Earnings Release 30-Jul-2024 NTS FRES.L Fresnillo PLC Half Year 2024 Fresnillo PLC Earnings Release 30-Jul-2024 NTS BP.L BP PLC Q2 2024 BP PLC Earn
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Jabiluka uranium mine to close after Australia rejects bid from Rio Tinto unit

Jabiluka uranium mine to close after Australia rejects bid from Rio Tinto unit July 26 (Reuters) - Energy Resources of Australia ERA.AX said on Friday the Northern Territory government has rejected its request to renew the uranium mining lease for the Jabiluka deposit. The company, in which Rio Tinto RIO.AX has a majority stake, had applied to extend the lease for another 10 years, with the current lease due to expire in August.
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Australia, New Zealand corporate earnings week ahead

DIARY-Australia, New Zealand corporate earnings week ahead July 26 (Reuters) - Diary of Australia and New Zealand (.AXJO, .NZ50) corporate earnings for the week ahead AUSTRALIA & NEW ZEALAND EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 29-Jul-2024 BMO CCP.AX Credit Corp Group Ltd Full Year 2024 Credit Corp Group Ltd Earnings Release 30-Jul-2024 22:30 RIO.L RIO.AX Rio Tinto PLC Rio Tinto Ltd Half Year 2024 Rio Tinto PLC Earnings Release 30-Jul-2024 NTS CIA.AX Champion Iron Ltd
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Rio Tinto, BYD and LG Energy show interest in Chile's Altoandinos lithium site

UPDATE 1-Rio Tinto, BYD and LG Energy show interest in Chile's Altoandinos lithium site Adds company names, details from ENAMI statement SANTIAGO, July 25 (Reuters) - Twelve companies including global miner Rio Tinto RIO.L and Chinese electric vehicle maker BYD 002594.SZ have submitted proposals to extract lithium in Chile's Altoandinos salt flats, the state mining company ENAMI said on Thursday.
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Chile sees interest from Rio Tinto, LG, BYD and others for Altoandinos lithium site

Chile sees interest from Rio Tinto, LG, BYD and others for Altoandinos lithium site SANTIAGO, July 25 (Reuters) - Rio Tinto RIO.L , BYD 002594.SZ , LG Energy 373220.KS , Eramet ERMT.PA and Posco are among the 12 companies that submitted proposals to develop a lithium project in Chile's Altoandinos salt flats, the state-run mining company ENAMI said on Thursday.
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Rio Tinto And Aymium To Establish Biocarbon Joint Venture

BRIEF-Rio Tinto And Aymium To Establish Biocarbon Joint Venture July 25 (Reuters) - Rio Tinto Ltd RIO.AX : RIO TINTO AND AYMIUM TO ESTABLISH BIOCARBON JOINT VENTURE IN QUÉBEC RIO TINTO: NEW JOINT VENTURE NAMED ÉVOLYS QUÉBEC INC Source text for Eikon: ID:nBw9mKddTa Further company coverage: RIO.AX
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Tech rout drags Australian shares to two-week low; resources hit

Tech rout drags Australian shares to two-week low; resources hit Tech stocks close at lowest since late June Gold stocks drop 2% Fortescue drops on energy capex rise plans Macquarie results disappoint investors Updates to close By Archishma Iyer and Sneha Kumar July 25 (Reuters) - A rout in local technology stocks, in line with a global sell-off, pressured Australian shares which ended at their lowest in two weeks, with sharp declines in heavyweight mining and banking indexes further weighing on
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Australian mining stocks drop on falling iron ore prices

BUZZ-Australian mining stocks drop on falling iron ore prices ** Australian mining stocks .AXMM fall as much as 1.7% to their lowest level since Nov 2022 ** Prices of iron ore futures fell, weighed by strong global supply and the persistently weak steel market in top consumer China IRONORE/ ** Fortescue FMG.AX , world's fourth-largest iron ore mine
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Australian shares drifts lower, tracking Wall Street

Australian shares drifts lower, tracking Wall Street US futures drop after tepid Alphabet, Tesla results Telix Pharmaceuticals tops benchmark losses Energy stocks drop; real estate stock continue slide Gold stocks buck trend to rise 2.9% on higher bullion prices Updates to close By Aaditya GovindRao and Archishma Iyer July 24 (Reuters) - Australian shares drifted lower on Wednesday, tracking the lacklustre end on Wall Street overnight, while a drop in energy and real estate stocks also weighed.
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Australian mining stocks decline on weak iron ore prices

BUZZ-Australian mining stocks decline on weak iron ore prices ** Australian mining stocks .AXMM fall as much as 0.7% to their lowest level since Nov. 7, 2022 ** Sub-index on track for seventh consecutive day of losses ** Iron ore futures fell as a lack of stimulus from top consumer China's third plenum fanned prospects of bleak demand IRONORE/ ** S
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Miners, energy shares drag FTSE 100 lower

UPDATE 1-Miners, energy shares drag FTSE 100 lower FTSE 100 down 0.4%, FTSE 250 off 0.2% Copper miners hit over three-month low Compass Group raises profit and revenue forecasts; shares gain Updated at 1550 GMT By Purvi Agarwal and Roshan Abraham July 23 (Reuters) - Britain's FTSE 100 closed lower on Tuesday, pressured by commodity-linked stocks which tracked declines in prices of oil and copper, while positive earning updates from companies helped offset declines.
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Auto File-Ford’s favorite pickup line

Auto File-Ford’s favorite pickup line July 23 - By Nick Carey , European Autos Correspondent Greetings from London! For decades, things in the automotive industry changed at a sedate pace with incremental improvements in combustion engine products and where the future remain relatively predictable. In the last few years, we have become used to the opposite and the pace of change is, at times, enough to give you whiplash.
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Copper miners decline on growing demand concerns in China

BUZZ-Copper miners decline on growing demand concerns in China ** Copper miners fall, tracking decline in prices of the red metal ** Three-month copper prices CMCU3 on London Metal Exchange drop 0.6% to $9,165 a metric ton after hitting lowest in three-and-a-half months on growing demand concerns in top consumer China MET/L ** Freeport-McMoRan FCX.
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Top of the Street: JD Sports, Rio Tinto, Unilever

BUZZ-Top of the Street: JD Sports, Rio Tinto, Unilever A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** HSBC raises Rio Tinto RIO.L to "buy" from "hold", as it anticipates adding volumes at Oyu Tolgio and Simandou over the next three years would enhance cash flow and potentially dividends. INITIATIONS AND REINSTATEMENTS ** Bernstein initiates JD Sports JD.L with "outperform" seeing the firm as a "compelling self-improvement story".
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HSBC upgrades Rio Tinto to 'buy' on expected volume growth

BUZZ-HSBC upgrades Rio Tinto to 'buy' on expected volume growth ** HSBC upgrades Rio Tinto RIO.L to "buy" from "hold" ** Says Rio's anticipated volume growth at Oyu Tolgoi and Simandou in next 3 years, which it believes could boost future cash flow and dividends, is not factored into current price ** Notes Rio is also the least geared of large mine
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Anglo American, Rio Tinto, Unilever

EUROPE RESEARCH ROUNDUP-Anglo American, Rio Tinto, Unilever July 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Rio Tinto and Unilever, on Tuesday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2,300p from 2,450p * Antofagasta Plc ANTO.L : HSBC raises target price to 1,400p from 1,100p * Belimo Holding AG BEAN.S : Jefferies raises target price to CHF 598 from CHF 498 * Rio Tinto RIO.L : HSBC
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Rio Tinto class action over Bougainville mine damage set for October hearing

Rio Tinto class action over Bougainville mine damage set for October hearing MELBOURNE, July 23 (Reuters) - The first hearing date has been set in a class action against miner Rio Tinto RIO.AX for historical environmental and social damage caused by the Bougainville copper mine in Papua New Guinea that it operated in the 1970s and 1980s, lawyers said.
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Stellantis ready to 'fight' for place in Europe's EV market, CEO says

Stellantis ready to 'fight' for place in Europe's EV market, CEO says KRAGUJEVAC, Serbia, July 22 (Reuters) - Stellantis STLAM.MI is ready to "fight" for its place in Europe's electric vehicle market against strong competition from Chinese carmakers, its CEO Carlos Tavares said on Monday, as the group presented its new EV production line in Serbia.
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Western miners push for higher metals prices to ward off Chinese rivals

RPT-INSIGHT-Western miners push for higher metals prices to ward off Chinese rivals Repeats to fix format issues By Ernest Scheyder, Pratima Desai SALMON-CHALLIS NATIONAL FOREST, Idaho, July 22 (Reuters) - The only U.S. cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global markets with cheap supplies of the bluish metal used in electric vehicle batteries and electronics.
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Residents of eastern Canadian community menaced by wildfire can return home

Residents of eastern Canadian community menaced by wildfire can return home TORONTO, July 22 (Reuters) - Thousands of people ordered from their homes in the face of a raging wildfire in a remote corner of eastern Canada can return home this week as the risk to their community diminished, authorities said over the weekend . About 9,600 residents of Labrador City in the province of Newfoundland and Labrador had to evacuate the evening of July 12 after a wildfire burned out of control, expanding 16
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