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Rio Tinto PLC (RIO)

RIO on New York Consolidated

41.86USD
23 May 2017
Change (% chg)

$0.00 (+0.00%)
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$41.86
Open
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$41.72
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$47.11
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Latest Key Developments (Source: Significant Developments)

Arianne Phosphate Inc signs project agreement with Rio Tinto to review potential maritime services sharing
Wednesday, 25 Jan 2017 07:30am EST 

Arianne Phosphate Inc : Arianne Phosphate Inc says signing of a project agreement with Rio Tinto to review potential maritime services sharing . Arianne Phosphate - agreement provides for discussions on co's use of ships serving Rio Tinto to deliver phosphate concentrate to international markets .Arianne Phosphate Inc - project agreement also focuses on sharing of common services such as ship towing on Saguenay River.  Full Article

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

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

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

Eclipse Metals executes farm-in joint venture with Rio Tinto
Sunday, 21 Aug 2016 09:47pm EDT 

Eclipse Metals Ltd : Rio Tinto & Eclipse Metals Ltd farm-in joint venture . Expenditure to earn a 90% interest in one of the five Eclipse liverpool project uranium-gold-palladium tenements . Rio Tinto can fund up to $5 million exploration expenditure to earn 90% interest in 1 of 5 Eclipse liverpool project uranium-gold-palladium tenements .  Full Article

Moody's changes Rio Tinto Group's, all subsidiary outlooks to stable
Thursday, 18 Aug 2016 01:47pm EDT 

Moody's - : Moody's changes Rio Tinto Group's and all subsidiary outlooks to stable; affirms all ratings (BAA1 Sr. Unsecured) . Moody's on Rio Tinto Group - Outlook anticipates company to be free cash flow generative, liquidity position to continue comfortably above ongoing requirements .Moody's - We expect Rio Tinto's performance to slowly improve from the weak levels evidenced in 2015, particularly in the second half.  Full Article

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Miner Rio Tinto launches $2.5 billion bond buyback

LONDON Global miner Rio Tinto said on Monday it would launch a new bond buyback of up to $2.5 billion in an effort to cut debt.