Rio Tinto PLC

Rio Tinto is engaged in finding, mining and processing mineral resources. Co. has four product groups: iron ore, which supplies the global seaborne iron ore trade; aluminium, which includes bauxite mines, alumina refineries, and aluminium smelters; Copper and Diamonds, which has managed operations in Australia, Canada, Mongolia and the U.S., and non-managed operations in Chile and Indonesia, with by-product including gold, silver, molybdenum and others such as sulphuric acid, rhenium, and lead carbonate; and Energy and Minerals, which comprises mining, refining and marketing operations across borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium sectors.
  • TickerRIO
  • ISINGB0007188757
  • ExchangeLondon Stock Exchange
  • SectorMining
  • CountryAustralia

Analysts

Mathew Hodge

Morningstar | Slightly Soft Production for Rio Tinto, but Future Commodity Prices Remain Key

Rio Tinto’s production in 2018 was slightly weaker than expected. Rio's share of iron ore sales came in at 281 million tonnes, which was marginally below our 282 million-tonne forecast. Alumina and aluminium were also a bit softer due to maintenance shutdowns and unplanned disruptions. Those issues aside, aluminium capacity continued to increase at the rate of 1% a year, in line with our long-run expectations for productivity improvements. Diamond output declined 15% year on year with the Argyle mine late in its life. Titanium and iron ore pellet production was disrupted by strikes. However, c...

Mathew Hodge

Slightly Soft Production for Rio Tinto, but Future Commodity Prices Remain Key

Rio Tinto’s production in 2018 was slightly weaker than expected. Rio's share of iron ore sales came in at 281 million tonnes, which was marginally below our 282 million-tonne forecast. Alumina and aluminium were also a bit softer due to maintenance shutdowns and unplanned disruptions. Those issues aside, aluminium capacity continued to increase at the rate of 1% a year, in line with our long-run expectations for productivity improvements. Diamond output declined 15% year on year with the Argyle...

Philip Morrish

Value Indicator - UK Main Market 07012019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market.

Philip Morrish

Value Indicator - UK Main Market 31122018

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 31122018

Currently '(TM)Value Inidcator - UK Basic Resources' is a value analysis of the Basic resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Rio Tinto: FAQ on operations, financial policy, and share buybacks

CORPORATES ISSUER IN-DEPTH 21 November 2017 RATINGS Long-term rating A3 Outlook Stable Source: Moody's Investors Service CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100 EMEA 44-20-7772-5454 Rio Tinto FAQ on operations, financial policy, and share buybacks » Solid assets, low-cost operations support A3 rating. Rio has a strong asset base, large- sca

Rio Tinto: Key Facts and Statistics - H1 June 2017

CORPORATES ISSUER PROFILE 10 November 2017 TABLE OF CONTENTS Company overview 1 Business description 2 Management strategy 3 Financial highlights 5 Capital structure and debt maturity 7 Company management 8 Ownership structure 9 Subsidiaries 10 Peer Group 10 Related Websites and Information

Rio Tinto - June 2017 (LTM): Peer Snapshot

Peer Snapshot:  Rio Tinto - June 2017 (LTM) 11 October 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Jun-15 FYE Jun-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17

Rio Tinto's $2.5 Billion Debt-Reduction Plan Is Credit Positive

  ISSUER COMMENT  CORPORATES   MAY 25, 2017  Rio Tinto’s $2.5 Billion Debt-Reduction Plan Is  Credit Positive  From  Credit Outlook   On Monday, Rio Tinto (A3 stable senior unsecured for all rated entities within the Rio Tinto  group) said that it

Rio Tinto: Update to Rating Rationale

CORPORATES CREDIT OPINION 28 February 2017 Update Contacts Carol Cowan 212-553-4999 Senior Vice President [email protected] Brian Oak 212-553-2946 MD-Corporate Finance [email protected] Rio Tinto Update to Rating Rationale Summary Rating Rationale Rio Tinto’s A3 senior unsecured rating reflects the group’s large scale and low cost operations across its major segments, particularly its iron

Mathew Hodge

Morningstar | Slightly Soft Production for Rio Tinto, but Future Commodity Prices Remain Key

Rio Tinto’s production in 2018 was slightly weaker than expected. Rio's share of iron ore sales came in at 281 million tonnes, which was marginally below our 282 million-tonne forecast. Alumina and aluminium were also a bit softer due to maintenance shutdowns and unplanned disruptions. Those issues aside, aluminium capacity continued to increase at the rate of 1% a year, in line with our long-run expectations for productivity improvements. Diamond output declined 15% year on year with the Argyle mine late in its life. Titanium and iron ore pellet production was disrupted by strikes. However, c...

Mathew Hodge

Slightly Soft Production for Rio Tinto, but Future Commodity Prices Remain Key

Rio Tinto’s production in 2018 was slightly weaker than expected. Rio's share of iron ore sales came in at 281 million tonnes, which was marginally below our 282 million-tonne forecast. Alumina and aluminium were also a bit softer due to maintenance shutdowns and unplanned disruptions. Those issues aside, aluminium capacity continued to increase at the rate of 1% a year, in line with our long-run expectations for productivity improvements. Diamond output declined 15% year on year with the Argyle...

Mathew Hodge

Morningstar | Bulks Defying Longer-Term Risks but Sell-Off in Base Metals and Gold Sees Pockets of Value

We still see significant risks for the miners and think the stocks overall are overvalued. Buoyant commodity and share prices do not reflect the inevitable shift in China’s economic growth towards less commodity consuming activities, and the market has taken too much comfort from the stimulus-fuelled recovery. The underlying sources of instability--poor quality lending in China and growing leverage are yet to be addressed. We see the greatest overvaluation among the bulk miners--those exposed to iron ore, coking coal, and thermal coal. Prices for those commodities remain elevated. We still se...

Mathew Hodge

Bulks Defying Longer-Term Risks but Sell-Off in Base Metals and Gold Sees Pockets of Value

We still see significant risks for the miners and think the stocks overall are overvalued. Buoyant commodity and share prices do not reflect the inevitable shift in China’s economic growth towards less commodity consuming activities, and the market has taken too much comfort from the stimulus-fuelled recovery. The underlying sources of instability--poor quality lending in China and growing leverage are yet to be addressed. We see the greatest overvaluation among the bulk miners--those exposed to...

Mathew Hodge

Morningstar | Rio Tinto is the world's lowest-cost iron ore miner, but boomtime investment diluted returns.

Like its peer BHP Billiton, Rio Tinto has ridden the commodity supercycle since the early 2000s. Rio Tinto's asset portfolio is less diversified, with iron ore generating the majority of its value. Aluminium and copper are moderate contributors with thermal and coking coal operations sold off in 2018. Aluminium should constitute a substantially larger share, given the USD 40 billion that Rio Tinto controversially paid for Alcan in 2007, but much of that investment is money gone to heaven. Rio has the lowest operating costs of all the iron ore players, but despite this being the bulk of company...

1 director maiden bought

A director at Rio Tinto maiden bought 15,000 shares at 3,664p and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boa...

Philip Morrish

Value Indicator - UK Main Market 07012019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market.

Philip Morrish

Value Indicator - UK Main Market 31122018

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 31122018

Currently '(TM)Value Inidcator - UK Basic Resources' is a value analysis of the Basic resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 24122018

Currently '(TM)Value Indicator - UK Basic Resources' is a value analysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 24122018

Currently '(TM)Value Indicator - UK main market' is a value analysis othe the Basic Resources, Construction & Materials, Telecoms and Utilties sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

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Expert Corporate Governance Service (ECGS)

Proxy Report - 11/04/2018

Bribery Scandal: In 2016, Rio Tinto notified relevant authorities in the United States, United Kingdom and Australia of information concerning contractual payments totaling US$10.5 million made in 2010 to François Polge de Combret, a consultant, former Lazard banker and university friend of President Alpha Condé of Guinea, who provided advisory services on the Simandou project in Guinea. On March 15, 2018, investigators from the UK’s Serious Fraud Office (SFO) raided the London home of Mr. de Combret in pursuit of evidence to build their bribery case.   The payments at the centre of the bri...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 27/06/2017

Item 1: To approve the sale of its 100% of the interest in the share capital of Coal & Allied Industries to YancoalShareholders are asked to approve the disposal of Coal & Allied Industries, a subsidiary of the Company. The proposed buyer, Yancoal, is deemed to be a related party to the Company under UK Listing Rules and as such the listing rules require approval of the shareholders of the listed company for such a transaction. The Board states that the divestment is consistent with the Company’s strategy to re-allocate capital in order to ensure high returns to shareholders. Under the terms o...

Jérôme VINERIER

Analyse court terme - RIO TINTO : La tendance est haussière.

La tendance est haussière. Les cours progressent encore, mais la tendance s'affaiblit. La prochaine résistance est à 3 927,50 p. La rupture de 3 403,00 p mettrait la tendance en danger.

Jérôme VINERIER

Short term view - RIO TINTO : The trend is bullish.

The trend is bullish. Prices are still making progress but the trend is slowing down. The next resistance is at 3,927.50 p. The break of 3,403.00 p would endanger the trend.

Jérôme VINERIER

Short term view - RIO TINTO : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 3,927.50 p. The next target is at 3,403.00 p, then 3,207.00 p. Passing 4,190.00 p would question the continuation of the fall.

Jérôme VINERIER

Analyse court terme - RIO TINTO : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 3 927,50 p prochainement. Le prochain objectif est à 3 403,00 p, puis 3 207,00 p. Le franchissement de 4 190,00 p remettrait en cause la suite de la baisse.

Valérie GASTALDY

Medium term view - RIO TINTO : The trend is bullish.

The trend is bullish. The recent fall is getting more vigorous. The next support is at 3,435.00 p. A break below 3,435.00 p would challenge the trend.

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