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Rio Tinto Ltd (RIO.AX)

RIO.AX on Australia Stock Exchange

62.40AUD
23 Jan 2017
Change (% chg)

$0.07 (+0.11%)
Prev Close
$62.33
Open
$62.35
Day's High
$63.30
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$61.98
Volume
1,753,481
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2,317,228
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$64.25
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$36.53

Latest Key Developments (Source: Significant Developments)

Rio Tinto's qtrly Pilbara iron ore shipments 87.7 Mt vs 80.9 Mt in prior quarter
Monday, 16 Jan 2017 05:01pm EST 

Rio Tinto Ltd : Qtrly pilbara iron ore shipments 87.7 mt versus 80.9 mt in prior quarter . Rio tinto ltd says qtrly pilbara iron ore production 85.5 mt versus 83.2 mt in prior quarter . Qtrly aluminium production 925 kt versus 924 kt in prior quarter . Qtrly mined copper production 133.8 kt versus 133.3 kt in prior quarter . Rio tinto's pilbara shipments in 2017 are expected to be between 330 and 340 million tonnes . In 2017, Rio Tinto's share of mined copper production is expected to be between 525 and 665 thousand tonnes . For 2017, Rio Tinto's share of production in 2017 is expected to be 48 to 50 million tonnes of bauxite .Rio Tinto's share of production in 2017 is expected to be 8.0 to 8.2 million tonnes of alumina and 3.5 to 3.7 million tonnes of aluminium.  Full Article

Decmil Group says awarded Amrun Npi contract
Tuesday, 27 Dec 2016 04:42pm EST 

Decmil Group Ltd : Unit Decmil Australia Pty secured circa $50m contract with Rta Weipa Pty Ltd, a wholley owned unit of Rio Tinto Limited .Decmil awarded Amrun Npi contract.  Full Article

Russia's Acron says not planning to sell stake in Poland's Azoty
Tuesday, 6 Dec 2016 11:27pm EST 

Acron : Not planning to sell its remaining stake in Polish group Azoty - Alexander Popov, Acron board chairman, told Reuters on the sidelines of a metals and mining conference in Moscow; . "We have this stake on hold for now," Popov said; . The company does not want to sell its potash assets in Canada; . "We're not selling, we're going to develop these assets," Popov said, referring to Acron's subsidiary North Atlantic Potash Inc. Further company coverage: [AKRN.MM] (Reporting by Svetlana Burmistrova) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Rio Tinto responds to press speculation regarding SEC investigation
Thursday, 1 Dec 2016 02:00am EST 

Rio Tinto Ltd : Response to press speculation . confirms it is cooperating with inquiries from relevant authorities relating to impairment included in company's 2012 accounts in respect of rio tinto coal mozambique ."as sec investigation, which started in april 2013, remains ongoing it would be inappropriate to comment further at this time".  Full Article

Rio Tinto comments on press speculation over U.S. SEC probe
Thursday, 1 Dec 2016 02:00am EST 

Rio Tinto Plc : Response to press speculation . In response to press reports regarding a U.S. SEC investigation, Rio Tinto confirms that it is cooperating with inquiries from relevant authorities . Inquiries relating to impairment included in company's 2012 accounts in respect of Rio Tinto Coal Mozambique (RTCM) .SEC investigation, which started in April 2013, remains ongoing it would be inappropriate to comment further.  Full Article

Roll-Royce says Alan Davies steps down as non-exec director
Friday, 18 Nov 2016 07:00am EST 

Rolls-Royce Holdings Plc : Alan Davies steps down as non-executive director .Alan Davies has resigned as a non-executive director and is stepping down from board with immediate effect.  Full Article

Rio Tinto terminate contracts of executive Alan Davies and Debra Valentine
Wednesday, 16 Nov 2016 05:30pm EST 

Rio Tinto Ltd : Senior management changes . Terminated contracts of Energy & Minerals chief executive Alan Davies and legal & regulatory affairs group executive Debra Valentine . Board concluded that executives failed to maintain standards expected of them under our global code of conduct . Alan Davies will be replaced by Bold Baatar . Reviewed findings to date of an internal investigation into 2011 contractual arrangements with a consultant . Board reviewed findings to date of an internal investigation into 2011 contractual arrangements with a consultant .Chief financial officer Chris Lynch has temporarily assumed accountability for corporate legal & regulatory affairs function.  Full Article

Acacia Coal says AJC to acquire Riversdale Anthracite Colliery from Rio Tinto
Sunday, 16 Oct 2016 07:09pm EDT 

Acacia Coal Ltd : AJC to acquire Riversdale Anthracite Colliery from Rio Tinto . Acacia has entered a binding agreement to acquire a 74% interest in riversdale anthracite colliery (rac) metallurgical coal project . Deal to acquire 74% interest in riversdale anthracite colliery, together with a capital raising to raise approximately $2 million .Coalvent has agreed to acquire project from rio tinto and then vend it into acacia.  Full Article

Rio Tinto says prices cash tender offers
Tuesday, 11 Oct 2016 12:51pm EDT 

Rio Tinto Plc : Rio Tinto prices cash tender offers .Rio Tinto - consideration payable in connection with offer set at $1,076.38 for its 3.5 percent notes due 2022; at $1,046.37 for 2.875 percent notes due 2022.  Full Article

Rio Tinto to buy back up to $3 billion worth debt securities
Monday, 26 Sep 2016 10:32am EDT 

Rio Tinto Plc : Launching a bond purchase plan for up to $3 billion. . Issued a redemption notice for approximately $1.5 billion of its 2017 and 2018 US dollar-denominated notes . Commenced cash tender offers to purchase up to approximately $1.5 billion of its 2019, 2020, 2021 and 2022 us dollar-denominated notes .Rio Tinto launches new debt reduction programme for up to $3 billion.  Full Article

Aluminum producers seek first-quarter premium of $95-$110/T from Japanese buyers: sources

TOKYO Some big aluminum producers seek a premium of $95-$110 per ton from Japanese buyers for primary metal shipments in the January to March period, up 27-47 percent from the previous quarter, five sources involved in pricing talks said on Friday.