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Rio Tinto (RIO) Share News

LONDON MARKET CLOSE: US inflation ebb, China stimulus hope lift stocks

13th Jun 2023 17:02

(Alliance News) - Stock prices in Europe pushed higher on the eve of the Federal Reserve decision, while technology shares in New York rose again as a cooler inflation reading all but ensured US interest rates will not be hiked this week. Read More

LONDON MARKET MIDDAY: Shares fall back ahead of key US inflation data

13th Jun 2023 12:11

(Alliance News) - London's large-cap and mid-cap indices had slipped into the red by midday on Tuesday, having started the day positively, as a risk-off mood crept into markets ahead of the release of key US inflation data at 1330 BST. Read More

IN BRIEF: Rio Tinto says Aluminium division chief to leave in December

13th Jun 2023 08:11

Rio Tinto PLC - Anglo-Australian mining and metals company - Ivan Vella, chief executive officer of Rio's Aluminium business, has accepted a new position outside the company and will leave in December. He will continue to lead the Aluminium division during the search for his successor, Rio says, but has stepped down from the executive committee with immediate effect. Read More

Glencore makes Teck coal assets tilt amid industry "merry-go-round"

12th Jun 2023 15:00

(Alliance News) - Glencore PLC has given Teck Resources Ltd's board something to think about, as it proposed a deal to take the Canadian miner's steel-making coal assets out of its hands. Read More

IN BRIEF: Rio Tinto invests USD1.1 billion into smelter expansion

12th Jun 2023 14:29

Rio Tinto PLC - Anglo-Australian mining and metals company - Will invest USD1.1 billion to expand its AP60 aluminium smelter at Complexe Jonquiere in Canada. Says total investment includes up to USD113 million of financial support from the Quebec government. Says project will generate up to 1,000 jobs during the peak of construction and approximately 100 permanent jobs as a result of the expansion. Read More

UPDATE: Glencore sizes up Teck coal assets and backs SPAC deal

12th Jun 2023 11:51

(Alliance News) - Glencore PLC on Monday said it has mounted a bid to acquire Teck Resources Ltd's steel-making coal business, after previous efforts to capture all of the New York-listed miner were rebuffed. Read More

LONDON MARKET OPEN: Tepid trade ahead of central banks; Croda slumps

9th Jun 2023 09:03

(Alliance News) - Stock prices in Europe opened mostly lower on Friday, failing to replicate a rally seen on Wall Street, where stocks were spurred on by a weak US jobless claims reading that reinforced expectations that the Federal Reserve will decide against an interest rate hike. Read More

LONDON BROKER RATINGS: Citi likes Rio Tinto; JPMorgan raises Clarkson

8th Jun 2023 09:16

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

LONDON BRIEFING: Wizz Air expects return to profit in financial 2024

8th Jun 2023 07:53

(Alliance News) - Stocks in London were set to open flat on Thursday, with market sentiment cautious amid fears that interest rates have further to rise across the globe. Read More

LONDON BROKER RATINGS: Deutsche says 'buy' Rio Tinto, Restaurant Group

5th Jun 2023 09:06

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More

LONDON MARKET OPEN: Shell and BP rise after Opec+ cuts oil output

5th Jun 2023 09:00

(Alliance News) - Stock prices in London made a strong start on Monday, as announced cuts in oil production supported the price of Brent crude and the shares of oil majors Read More

LONDON BRIEFING: Stocks to rise; oil prices edge up on output cut

5th Jun 2023 07:45

(Alliance News) - Stock prices in London were pointed higher on Monday, with equity investors digesting the latest developments in the energy market and with a string of economic readings for May due. Read More

LONDON MARKET CLOSE: Stocks higher after red-hot US jobs report

2nd Jun 2023 16:57

(Alliance News) - Stocks in London ended higher on Friday as markets digested the latest US employment report, which came in far hotter than expected, and cheered as a bill to raise the US debt ceiling passed the Senate. Read More

Greatland Gold signs with Rio Tinto for Western Australia expansion

30th May 2023 11:43

(Alliance News) - Greatland Gold PLC on Tuesday said it entered a farm-in and joint-venture deal with Rio Tinto Exploration Pty Ltd to expand its tenure in the Paterson province in Australia. Read More

LONDON MARKET CLOSE: US debt ceiling deal optimism lifts FTSE 100

26th May 2023 16:48

(Alliance News) - Stocks in London were mostly lower at the close on Friday, though the FTSE 100 ended in the green amid glimmers of hope that the impasse in US debt ceiling negotiations may soon draw to an end. Read More

LONDON MARKET MIDDAY: FTSE 100 outperforms on boost from miners

26th May 2023 12:10

(Alliance News) - Stock prices in London were largely lower at midday on Friday, though the FTSE 100 outperformed, as investors looked to the prospect of further interest rate hikes in the UK, while also tracking developments in the US debt ceiling impasse. Read More

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

26th May 2023 09:41

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More

LONDON MARKET OPEN: Miners lift FTSE; Biden says US will avoid default

26th May 2023 09:04

(Alliance News) - Stock prices in London opened mostly in the green on Friday, as a strong performance from miners helped to lift the FTSE 100 out of the week's slump amid fears of a US debt default. Read More

LONDON BRIEFING: UK retail sales up; Hunt "comfortable" with recession

26th May 2023 07:57

(Alliance News) - Stocks in London are expected to kick off the final trading day of a fraught week with a minor gain, though US debt ceiling uncertainty continues to temper sentiment. Read More

LONDON MARKET OPEN: Stocks rise on US debt optimism; Nikkei shines

19th May 2023 08:46

(Alliance News) - Stock prices in London were on the up at Friday's open, with sentiment boosted by progress on debt ceiling talks in the US. Read More

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