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Rio Tinto Limited
(OTC:RIO)
Rio Tinto Limited (RIO) vs. iShares MSCI Australia ETF (EWA)
Rio Tinto Limited Business Overview & Revenue Model
Rio Tinto Limited Earnings Call Summary
Rio Tinto Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 54.18B | 53.66B | 54.04B | 55.55B | 63.49B | 44.61B | Gross Profit |
| 16.87B | 30.28B | 17.30B | 21.30B | 31.34B | 18.70B | EBIT |
| 15.26B | 15.65B | 14.82B | 17.95B | 29.43B | 17.23B | EBITDA |
| 19.64B | 23.16B | 21.08B | 22.35B | 33.60B | 21.51B | Net Income Common Stockholders |
| 10.75B | 11.55B | 10.06B | 12.42B | 21.09B | 9.77B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 13.38B | 7.20B | 9.78B | 8.91B | 15.29B | 13.06B | Total Assets |
| 90.95B | 102.79B | 103.55B | 96.74B | 102.90B | 97.39B | Total Debt |
| 12.75B | 13.86B | 14.35B | 12.27B | 13.53B | 13.83B | Net Debt |
| 1.98B | 7.03B | 5.65B | 5.50B | 724.00M | 3.45B | Total Liabilities |
| 41.13B | 44.82B | 47.21B | 44.47B | 46.31B | 45.49B | Stockholders Equity |
| 43.69B | 55.25B | 54.59B | 50.17B | 51.43B | 47.05B |
| Cash Flow | Free Cash Flow | ||||
| 7.14B | 5.98B | 8.07B | 9.38B | 17.96B | 9.69B | Operating Cash Flow |
| 15.24B | 15.60B | 15.16B | 16.13B | 25.34B | 15.88B | Investing Cash Flow |
| -8.27B | -9.59B | -6.96B | -6.71B | -7.16B | -6.56B | Financing Cash Flow |
| -6.90B | -7.09B | -5.28B | -15.47B | -15.86B | -7.13B |
Rio Tinto Limited Technical Analysis
Rio Tinto Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $46.22B | 7.81 | 20.21% | 9.16% | -11.33% | -32.11% | |
74 Outperform | AU$154.31B | 10.20 | 21.04% | 7.83% | -0.10% | 15.50% | |
72 Outperform | $192.59B | 11.15 | 26.20% | 5.08% | -2.47% | 57.01% | |
69 Neutral | $1.57B | 7.24 | 10.39% | 2.03% | -9.35% | -32.77% | |
58 Neutral | £13.58B | 60.16 | -3.53% | 3.57% | -19.74% | ― | |
51 Neutral | $2.02B | -1.12 | -21.36% | 3.65% | 2.87% | -30.54% | |
50 Neutral | $3.94B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% |
Rio Tinto Limited Corporate Events
Rio Tinto plc has notified the London Stock Exchange of share dealings by key management personnel in compliance with the EU Market Abuse Regulation. Joc O’Rourke, a person discharging managerial responsibility, acquired 3,000 American Depository Receipts of Rio Tinto plc on the New York Stock Exchange, highlighting the company’s adherence to regulatory requirements and transparency in its operations.
The most recent analyst rating on (AU:RIO) stock is a Buy with a A$120.00 price target. To see the full list of analyst forecasts on Rio Tinto Limited stock, see the AU:RIO Stock Forecast page.
Rio Tinto has announced the upcoming departure of its Chief Executive, Jakob Stausholm, who will step down later this year following a succession process. Under Stausholm’s leadership, the company has realigned its strategy to focus on energy transition opportunities, restored stakeholder trust, and set a path for profitable growth. The company is now in the process of selecting a new leader to continue enhancing operational performance and maximizing asset potential, maintaining its strategic priorities.
The most recent analyst rating on (AU:RIO) stock is a Buy with a A$120.00 price target. To see the full list of analyst forecasts on Rio Tinto Limited stock, see the AU:RIO Stock Forecast page.
Rio Tinto has announced the allocation of Free Shares to key management personnel under the UK Share Plan, a program allowing UK employees to purchase shares and receive matching shares. This move underscores Rio Tinto’s commitment to employee engagement and aligns management interests with shareholder value, potentially enhancing company performance and stakeholder confidence.
Rio Tinto has announced that its key management personnel have acquired shares in Rio Tinto plc through the company’s dividend reinvestment plan. This move, reported to both the Australian Securities Exchange and the London Stock Exchange, reflects the company’s ongoing efforts to engage its stakeholders and enhance shareholder value by offering opportunities to reinvest dividends into company shares.
Rio Tinto Limited held its annual general meetings in London and Perth, where all resolutions were passed except for a proposal to unify its dual-listed company structure. The board had previously reviewed the structure and concluded that unification would lead to substantial tax costs and other financial implications. A significant majority of shareholders supported the board’s recommendation to maintain the current structure, emphasizing the importance of focusing on long-term strategic goals.
Rio Tinto Limited announced the cessation of Sam Laidlaw as a director effective May 1, 2025, as per the Final Director’s Interest Notice submitted to the ASX. This change in the board may influence the company’s strategic direction and governance, impacting stakeholders and potentially affecting its market positioning.
Rio Tinto’s annual general meetings in London and Perth addressed several resolutions, including a significant proposal to review the company’s dual-listed company (DLC) structure. The board recommended against this Requisitioned Resolution, citing potential financial and operational drawbacks, and the majority of shareholders voted in alignment with the board’s stance. The decision underscores Rio Tinto’s commitment to maintaining its current corporate structure, which is believed to optimize shareholder returns and market access, despite some shareholder support for the review.
Rio Tinto Limited’s Chief Executive, Jakob Stausholm, highlighted the company’s strategic advancements and operational achievements during the 2025 Annual General Meeting. The acquisition of Arcadium Lithium marks a significant step in expanding their lithium business, aligning with the growing demand for this commodity. The company is also making substantial progress in major projects like the Simandou iron ore mine in Guinea and the Oyu Tolgoi copper mine in Mongolia. Additionally, Rio Tinto is committed to enhancing its ESG performance, stabilizing existing assets, and fostering strong relationships with local communities and suppliers, particularly in Western Australia.
At the 2025 Annual General Meeting, Rio Tinto’s Chair, Dominic Barton, highlighted the company’s commitment to safety following recent tragic incidents. The meeting also marked a transition in board leadership, with several directors stepping down and new appointments being announced. The company reported strong financial performance in 2024, with increased sales volumes and cash flow, and a significant dividend payout. Rio Tinto is on track for production growth, driven by major projects like Oyu Tolgoi and Rincon, and is focused on expanding its lithium business to support sustainable practices.
The Vanguard Group has become a substantial holder in Rio Tinto Limited, with a 5.001% voting power as of April 24, 2025. This development indicates a significant investment by Vanguard, potentially impacting Rio Tinto’s shareholder dynamics and reflecting confidence in the company’s market position.
Rio Tinto Limited has announced the issuance of 211,832 unquoted securities under an employee incentive scheme, which are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational efficiency and aligning employee interests with company performance, which could have positive implications for stakeholders.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Rio Tinto Limited, a major player in the mining industry known for its production of essential minerals and metals. This change in substantial holding, effective as of April 22, 2025, involves various transactions and adjustments in securities holdings by JPMorgan’s subsidiaries, impacting their voting interests in the company.
Rio Tinto has announced updates regarding its Global Employee Share Plan (myShare) and UK Share Plan (UKSP), which allow employees to purchase company shares and receive matching shares. Recent transactions involved key management personnel acquiring and vesting shares, with some shares sold to cover taxes. These plans are part of Rio Tinto’s strategy to align employee interests with company performance, potentially impacting employee engagement and retention.
Rio Tinto Limited has updated its previous announcement regarding the dividend reinvestment share price and share allocation date. This update pertains to the dividend distribution for the six-month period ending December 31, 2024, with the record date set for March 7, 2025, and the ex-date on March 6, 2025. This announcement provides clarity on the dividend details, which is crucial for stakeholders and investors in planning their financial activities related to Rio Tinto’s shares.
Rio Tinto reported strong operational improvements in the first quarter of 2025, with record production levels in its Oyu Tolgoi copper mine and bauxite operations. Despite challenges from extreme weather affecting Pilbara iron ore operations, the company is progressing with major projects, including the Western Range and Simandou iron ore projects, and has successfully launched a new lithium business following the Arcadium acquisition. The company maintains its production and cost guidance for 2025, with mitigation plans in place to address weather-related disruptions.
Rio Tinto Limited has announced the currency exchange rates for its 2024 final dividend, which amounts to 225 US cents per share. Shareholders who opted for dividends in British pounds, Australian dollars, or New Zealand dollars will receive their payments based on the conversion rates as of April 8, 2025. The final dividend will be distributed to shareholders and ADR holders on April 17, 2025, reflecting the company’s commitment to returning value to its investors.
Rio Tinto Limited has updated its previous announcement regarding the notification of dividend distribution, specifically to inform stakeholders of the currency exchange rates and amounts. This update pertains to the dividend distribution for the six-month period ending December 31, 2024, and reflects the company’s commitment to transparency and accurate financial reporting, which is crucial for maintaining investor confidence.
Rio Tinto Limited has announced the issuance of 304,147 unquoted share rights under an employee incentive scheme, effective March 31, 2025. This move is part of the company’s efforts to incentivize and retain talent, potentially impacting its operational efficiency and stakeholder engagement positively.
Rio Tinto Limited announced the cessation of 59,517 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s strategic adjustments in managing its securities.
Rio Tinto has announced the approval of a partial deferral of the 2024 annual bonus for its Executive Committee members, which will be delivered as Bonus Deferral Awards (BDA) under the company’s Equity Incentive Plan. Additionally, Performance Share Awards (PSA) have been granted, subject to performance conditions related to Total Shareholder Return and decarbonization measures. These initiatives reflect Rio Tinto’s commitment to aligning executive compensation with long-term performance and sustainability goals, potentially impacting the company’s operational focus and stakeholder interests.
Rio Tinto’s Board has advised shareholders to vote against a resolution proposed by Palliser Capital to review the company’s dual-listed companies (DLC) structure. The Board argues that a unification of the DLC into an Australian-domiciled holding company would be detrimental to shareholder value, citing potential tax costs and the wastage of franking credits. The Board has already conducted a comprehensive review with external advisers and concluded that the current structure is beneficial, outperforming market indices since its inception. The resolution’s approval could lead to governance challenges and is deemed unnecessary for strategic flexibility.
Rio Tinto plc has announced the acquisition of shares by Martina Merz, a person discharging managerial responsibility, through the Frankfurt Stock Exchange. This transaction is part of the company’s compliance with the EU Market Abuse Regulation, highlighting its commitment to transparency and regulatory adherence in its dual-listed company structure.
JPMorgan Chase & Co. and its affiliates have become substantial holders in Rio Tinto Limited, with a voting power of 5.36% as of March 10, 2025. This development indicates a significant investment and interest from JPMorgan in Rio Tinto, potentially impacting the company’s market position and signaling confidence in its operations and future prospects.
Rio Tinto Finance (USA) plc has successfully priced US$9.0 billion in fixed and floating rate notes, guaranteed by Rio Tinto plc and Rio Tinto Limited. The proceeds from this bond issuance, which includes eight tranches with varying maturities and interest rates, will be used for general corporate purposes, including repaying debt from a bridge loan used for the acquisition of Arcadium Lithium. This strategic financial move is expected to strengthen Rio Tinto’s liquidity position and support its growth initiatives, potentially impacting its market positioning and stakeholder interests positively.
Rio Tinto plc has announced the acquisition of shares by Ngaire Woods, a person discharging managerial responsibility, in compliance with the EU Market Abuse Regulation. This transaction, reported to both the Australian Securities Exchange and the London Stock Exchange, underscores the company’s commitment to regulatory transparency and governance, potentially impacting stakeholder confidence positively.
Rio Tinto Limited has announced a change in the interest of its director, Dominic Barton, in the company’s ordinary shares. Mr. Barton acquired an additional 800 shares through an on-market trade, increasing his total holdings to 12,700 shares. This acquisition reflects a continued confidence in the company’s performance and potential growth, which may positively influence stakeholder perception and market positioning.
Rio Tinto has completed its $6.7 billion acquisition of Arcadium Lithium, marking a significant expansion into the lithium sector. This acquisition positions Rio Tinto as a global leader in energy transition materials, enhancing its capacity to produce lithium carbonate equivalent and projecting increased EBITDA and cash flow. The integration of Arcadium’s assets is expected to bolster Rio Tinto’s operational capabilities and market presence, aligning with its commitment to sustainable practices and shareholder value.
Rio Tinto has announced a $1.8 billion investment to develop the Brockman Syncline 1 mine project in Western Australia’s Pilbara region, extending the life of the Brockman mining hub. This project, which has received all necessary government approvals and involved consultations with local Traditional Owners, is expected to sustain production from Rio Tinto’s world-class iron ore operations. The development will create approximately 1,000 construction jobs and sustain a workforce of about 600 once operational. The project is part of a series of replacement projects aimed at maintaining Rio Tinto’s commitment to the Pilbara, with first ore production now scheduled for 2027, a year earlier than previously anticipated.