Rio Tinto plc

RIO

GB0007188757

Diversified Mining

Market Closed - London S.E. Other stock markets 11:35:07 2025-02-12 EST			5-day change	1st Jan Change
4,999.00 ^GBX	+0.91%		+2.02%	+5.84%

01:02am	Tropical cyclone forces closure of ports in Western Australia's Pilbara region	RE
08:10pm	Australian shares scale fresh high on mining, gold boost	RE

Rio Tinto Slips After Report of Possible Glencore Merger

January 16, 2025 at 03:18 pm

By Connor Hart

American depositary receipts of Rio Tinto slid following a report that said the company has discussed a combination with Swiss miner Glencore.

Rio Tinto's ADRs fell 1.9%, to $59.29, in afternoon trading Thursday.

The early-stage talks between Rio Tinto and Glencore could result in the mining industry's largest-ever deal and reshape the global mining landscape, the Bloomberg report said, citing people familiar with the matter.

Spokespeople for Rio Tinto and Glencore separately said the companies don't comment on market rumors.

Glencore shares closed about flat, at 370.05 British pounds ($453.05), in London before the report.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

01-16-25 1517ET

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
RIO TINTO PLC	4,999.00GBX	+0.91%	+2.02%	105B
S&P GSCI SILVER INDEX	1,618.41PTS	+0.32%	+1.19%	-
S&P GSCI COPPER INDEX 2	670.59PTS	+0.46%	+2.70%	-
GLENCORE PLC	341.00GBX	-2.47%	-2.07%	51.45B
S&P GSCI LEAD INDEX	294.69PTS	+0.13%	-0.63%	-
S&P GSCI ZINC INDEX	224.76PTS	+0.19%	+2.20%	-
SILVER	32.32USD	+0.17%	-0.03%	-

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Latest news about Rio Tinto plc

Tropical cyclone forces closure of ports in Western Australia's Pilbara region	01:02am	RE
Australian shares scale fresh high on mining, gold boost	08:10pm	RE
Banks help Australian shares notch record closing high	02-12	RE
Solis Minerals Names New CEO; Shares Surge 38%	02-11	MT
Miners, gold stocks push Australian shares lower; earnings remain in focus	02-11	RE
Rio-backed Tomago Aluminium Smelter Faces Strike Action over Pay Dispute	02-11	MT
London's FTSE 100 closes at record high on Shell boost	02-11	RE
Iron ore retreats as Trump tariff threats counter potential supply disruptions	02-11	RE
Iron ore climbs as potential supply disruptions counter Trump tariff threat	02-10	RE
Australia iron ore hub Port Hedland clears vessels after weather warning	02-10	RE
RIO TINTO : UBS is Neutral	02-10	ZD
Risk appetite returns ahead of BoE decision	02-06	AN
Iron ore pares losses on Australia supply worries, softer US dollar	02-06	RE
RIO TINTO : UBS gives a Neutral rating	02-06	ZD
Iron ore rebounds on Australia supply worries, softer dollar	02-05	RE
Rio Tinto's Aluminum Chief Says Battery Key to Australian Smelters' Edge Amid Government Opposition's Doubts	02-05	MT
Arcadium Lithium Signs $200 Million Definitive Term Loan Facility Agreement With Rio Tinto Unit	02-05	MT
Rio Tinto Group Signs MoU With Western Australian Government for Pilbara Water Supply	02-05	MT
Arcadium Lithium PLC - Term Loans Due And Payable On September 1, 2027	02-05	RE
Rio Tinto: to build a desalination plant in Dampier	02-05	CF
Unilever taps Shell Director Zoe Yujnovich to join board	02-05	AN
Iron ore dips on Sino-US tariff concerns, shipping snags limit fall	02-05	RE
Iron ore falters on Sino-US tariff war concerns, sluggish China growth	02-04	RE
ASX Midday Sector Update: Materials Sector Upbeat, Healthcare Stocks Struggle	02-04	MT
Rio Tinto Faces Fresh Shipping Delays as Cyclones Hit Pilbara Ports	02-04	MT

Chart Rio Tinto plc

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Period

RIO: Dynamic Chart

Company Profile

Rio Tinto plc is one of the world's leaders in mining research, prospecting and operating. Net sales break down by family of products as follows: - iron ore (62.5%): 290.2 Mt produced in 2023; - aluminum, alumina and bauxite (22.2%): 54.6 Mt bauxite, 7.5 Mt alumina and 3.3 Mt aluminum produced; - copper (5.9%) : 562.4 Kt produced; - industrial minerals (5.2%): titanium dioxide pigments (1,111 Kt produced), borates (495 Kt produced) and salts (6 Mt produced); - gold (0.9%) : 281,500 ounces produced; - diamonds (0.8%) : 3.3 million carats produced; - other (2.5%): uranium, silver, zinc and molybdenum. Net sales are distributed geographically as follows: the United Kingdom (0.1%), Europe (5.3%), China (59.6%), Japan (6.9%), Asia (7.2%), the United States (13.9%), Canada (2.9%), Australia (1.7%) and other (2.4%).

Employees

57,000

Sector

Diversified Mining

Calendar

2025-02-19 - Q4 2024 Earnings Release

More about the company