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    RIO   AU000000RIO1

RIO TINTO GROUP

(RIO)
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Delayed Australian Stock Exchange  -  02:10 2022-06-24 am EDT
101.40 AUD   -1.20%
11:40aU.S. court upholds Arizona land swap deal for Rio Tinto copper mine
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06/24RIO TINTO : Memorandum of Understanding signed on cooperation to combat climate change and desertification
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06/24RIO TINTO : Memorandum of Understanding signed on cooperation to combat climate change and desertification
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Rio Tinto says any sanctions on Rusal would disrupt aluminium market

05/04/2022 | 10:04pm EDT
FILE PHOTO: The Rio Tinto mine in Boron, California

MELBOURNE (Reuters) - Rio Tinto said on Thursday any sanctions on Russian aluminium producer Rusal for Moscow's invasion of Ukraine would significantly disrupt the aluminium market and drive prices up.

"If Rusal was to be sanctioned that would certainly cause pretty significant disruption in the aluminium market, because Rusal is a very big exporter of aluminium, particularly to Europe," Rio Tinto Chairman Simon Thompson told shareholders at the group's annual meeting in Australia.

"I actually think the impact on Rio Tinto would probably be positive, in the sense that the aluminium price would likely go up."

(Reporting by Sonali Paul; Editing by Christian Schmollinger)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
RIO TINTO GROUP -1.20% 101.4 Delayed Quote.1.29%
RIO TINTO PLC 1.62% 4989.5 Delayed Quote.1.99%
S&P GSCI ALUMINUM INDEX -0.93% 155.885 Real-time Quote.-12.59%
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Financials (USD)
Sales 2022 59 675 M - -
Net income 2022 18 812 M - -
Net cash 2022 2 823 M - -
P/E ratio 2022 5,41x
Yield 2022 14,1%
Capitalization 103 B 103 B -
EV / Sales 2022 1,67x
EV / Sales 2023 1,90x
Nbr of Employees 49 000
Free-Float 65,4%
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Technical analysis trends RIO TINTO GROUP
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 61,19 $
Average target price 77,67 $
Spread / Average Target 26,9%
EPS Revisions
Managers and Directors
Jakob Stausholm Chief Executive Officer & Executive Director
Peter Lloyd Cunningham Chief Financial Officer & Executive Director
Dominic S. Barton Chairman
Mark Davies Chief Technical Officer
Arnaud Soirat Chief Operating Officer
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