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    RIO   GB0007188757

RIO TINTO PLC

(RIO)
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Delayed London Stock Exchange  -  11:38 2022-06-24 am EDT
4989.50 GBX   +1.62%
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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06/24Australia's sex discrimination commissioner calls for urgent change in mining sector
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Rio Tinto's Madagascar mine restarts after reaching deal with protesters

05/24/2022 | 10:30am EDT

JOHANNESBURG, May 24 (Reuters) - Rio Tinto's QIT Madagascar Minerals (QMM) mineral sands mine restarted production on Monday following a five-day halt, after reaching an agreement with demonstrators who had set up roadblocks at the site, Rio told Reuters on Tuesday.

Communities surrounding QMM's mine in southeastern Madagascar have been protesting over a release of water from the mine site into the surrounding environment, after which dead fish were found.

Rio says water sampling data shows no link between the water release and the dead fish. (Reporting by Helen Reid; Editing by Jan Harvey)


© Reuters 2022
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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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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 61,19 $
Average target price 77,67 $
Spread / Average Target 26,9%
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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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