rio tinto plc-spon adr (RIO:New York)
rio tinto plc-spon adr (RIO) Snapshot
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Open
$45.42
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Previous Close
$44.98
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Day High
$46.32
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Day Low
$45.29
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52 Week High
01/2/13 - $60.45
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52 Week Low
06/4/12 - $41.59
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Market Cap
88.5B
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Average Volume 10 Days
4.7M
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EPS TTM
--
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Shares Outstanding
1.4B
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EX-Date
03/6/13
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P/E TM
--
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Dividend
$1.83
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Dividend Yield
3.61%
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Related News
rio tinto plc-spon adr (RIO) Related Businessweek News
rio tinto plc-spon adr (RIO) Details
Rio Tinto plc engages in finding, mining, and processing mineral resources worldwide. The company is involved in the mining and production of aluminum products, including bauxite, alumina, and aluminum; copper, gold, silver, and molybdenum; diamonds, borates, salt, and titanium dioxide feedstocks, as well as purity iron, metal powders, zircon, and rutile; thermal and coking coal, and uranium; and iron ore. It primarily operates in China, Japan, other countries in Asia, the United States, the United Kingdom, Europe, Canada, and Australia. Rio Tinto plc was founded in 1873 and is headquartered in London, the United Kingdom.
rio tinto plc-spon adr (RIO) Top Compensated Officers
rio tinto plc-spon adr (RIO) Key Developments
Eleanor Evans has been appointed company secretary of Rio Tinto plc and joint company secretary of Rio Tinto Ltd., effective from 7 June 2013. Ben Mathews has informed the Group of his intention to resign from the role of company secretary of Rio Tinto plc and joint company secretary of Rio Tinto Limited with effect from the same date. Ms Evans will be based in London. Tim Paine continues to be joint company secretary of Rio Tinto Limited, based in Melbourne.
Rio Tinto Plc announced that it plans to cut at least 70 jobs at its Mozambique coal operations in 2013, dragged down by operational losses at Mozambique in 2012. The planned redundancies include 50 local positions and 20 expatriate roles from mining support to operations such as exploration and research.
Australian supreme court has stated that the Rio Tinto plc is entitled to pay royalty Gina Rinehart and Angela Bennett and her brother Michael Wright, passing a ruling in favor of plaintiffs. The Wright and Rinehart families have won $200 million lawsuit against Rio Tinto over the two iron ore resources, Channar mine and the Eastern Range mine, in Western Australia. The Wright and Rinehart families issued a lawsuit against Rio Tinto claiming royalty of more than 20 years from iron ore beneath about 150km of the Pilbara. The complainant cited an agreement singed on 5 May 1970 by their predecessors, Lang Hancock and Peter Wright. Rio Tinto, however, asserted that it did not owe royalties to the descendants of Hancock and Wright claiming that the company had lost the control of the land from 1974, before resuming it again in 1979.
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| RIO:US | $45.85 USD | +0.87 | |
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Industry Analysis
RIO
Industry Average
| Valuation | RIO | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 1.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.2x |
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To contact RIO TINTO PLC-SPON ADR, please visit www.riotinto.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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