rio tinto plc-spon adr (RIO) Key Developments
Glencore Reportedly May Select Anglo, Rio As Targets
Sep 16 14
Glencore Plc (LSE:GLEN) is planning to acquire Anglo American plc (LSE:AAL) and Rio Tinto plc (LSE:RIO). One of the targets most frequently mentioned is Anglo American, though some bankers say Glencore can think bigger at look at an acquisition of Rio Tinto, said Financial Times.
Rio Tinto to Pump USD 1.5 Billion into Aluminum Smelter Upgrade at Kitimat, B.C
Aug 8 14
Rio Tinto will pump another USD 1.5 billion into the aluminum smelter upgrade at Kitimat, B.C., increasing the total project cost to USD 4.8 billion. The company announced that its board has approved a further USD 1.5 billion expenditure to complete the modernization. That's on top of USD 400 million that was previously allocated but unspent. Engineering, procurement and construction is 70% complete but construction is only half finished.
Rio Tinto plc Declares Interim Dividend, Payable on September 11, 2014
Aug 7 14
Rio Tinto declared the 2014 interim dividend, equivalent to 96.00 US cents per share, will be paid on September 11, 2014 to holders of Ordinary shares and ADRs. The shareholders will receive 56.90 pence per share based on the applicable exchange rates on August 5, 2014. ADR holders receive dividends in US dollars, which will be converted from pounds sterling by reference to the exchange rate applicable on September 4, 2014. The dividend will apply shareholders on the register at the close of business on August 15, 2014.
Rio Tinto plc Reports Production Results for the Second Quarter and First Half of 2014
Jul 16 14
Rio Tinto plc reported production results for the second quarter and first half of 2014. For the quarter, the company reported global iron ore shipments of 75.7 mt, global iron ore production of 73.1 mt, mined copper of 164.8 kt, Bauxite of 10.1 mt, aluminium of 839 kt, hard coking coal of 2.0 mt, semi soft and thermal coal of 6.7 mt and titanium dioxide feedstock of 372 kt.
For the first half, the company reported global iron ore shipments of 142.4 mt, global iron ore production of 139.5 mt, mined copper of 323.0 kt, Bauxite of 20.2 mt, aluminium of 1,671 kt, hard coking coal of 3.9 mt, semi soft and thermal coal of 13.5 mt and titanium dioxide feedstock of 762 kt.
Rio Tinto plc Presents at Macquarie Global Iron Ore Conference, Jun-27-2014
Jun 12 14
Rio Tinto plc Presents at Macquarie Global Iron Ore Conference, Jun-27-2014 . Venue: Macquarie London Office, London, United Kingdom.