Rio Tinto Share News (RIO)

TOP NEWS: Rio Tinto backs guidance as iron ore output rises in 2023

(Alliance News) - Rio Tinto PLC on Tuesday backed its cautious guidance for 2024, as it provided annual production figures for 2023, eyeing a gradual recovery in China over the coming year.

Rio Tinto sees China's economy slowly recovering this year

MELBOURNE, Jan 16 (Reuters) - Rio Tinto on Tuesday said that it expects stimulus measures in China to drive a slow recovery in the world's biggest steel user as it reported its second highest-ever iron ore shipments in 2023.

Australian shares likely to open lower, NZ flat

Jan 16 (Reuters) - Australian shares were set to open lower on Tuesday, likely dragged by miners on falling iron ore prices, while investors will also look closely through

fourth-quarter production results of Rio Tinto         , the
world's largest iron ore producer. 
The local share price index futures          fell 0.3%, a 
51.3-point discount to the underlying S&P/ASX 200 index 
close. The benchmark closed flat on Monday. 
New Zealand's benchmark S&P/NZX 50 index         was flat at

Rio Tinto's fourth-quarter iron ore shipments fall 1%

Jan 16 (Reuters) - Rio Tinto on Tuesday reported a 1% fall in its iron ore shipments in the fourth quarter of 2023 even as it ramped up production at its Gudai Darri mine in Western Australia.

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

LONDON BRIEFING: Burberry cuts guidance again amid luxury slowdown

(Alliance News) - Stocks in London are expected to make gains at Friday's market open, as investors assess the latest economic data from the UK, US and China.

International Battery Metals leases lithium filtration plant for US production

Jan 11 (Reuters) - International Battery Metals on Thursday said it leased its portable direct lithium extraction (DLE) plant to a customer that aims to begin producing the metal needed for electric vehicle batteries inside the United States within six months.

LONDON BROKER RATINGS: BoA cuts Diageo; RBC likes Antofagasta

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Mongolia needs mining investments ramp up to meet GDP target -finance minister

Mongolia aims to double GDP-per-capita to $10,000 before 2030

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LONDON BROKER RATINGS: Berenberg cuts target prices for miners

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Wednesday:

Aterian acquires 90% stake in firm holding four exploration licences

(Alliance News) - Aterian PLC on Monday said it has agreed to acquire a 90% controlling interest in Atlantis Metals Pty Ltd, via a share purchase agreement.

DIRECTOR DEALINGS: Two Rio Tinto execs sell GBP7.8 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:

LONDON MARKET MIDDAY: Stocks up as BoE follows in footsteps of Fed

(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England followed in the US Federal Reserve's footsteps and left interest rates unchanged.

Billionaire-backed KoBold Metals widens lithium hunt across four continents

JOHANNESBURG, Dec 14 (Reuters) - KoBold Metals, a California-based startup whose backers include billionaires Bill Gates and Jeff Bezos, is searching for lithium deposits across four continents, widening its hunt for metals the world needs for cleaner energy and electric vehicles.

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.