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Mining giant Rio Tinto has been forced to write off its aluminium making at a $1.2billion loss largely because of punitive climate change emissions reductions, which threaten the industry's viability.
By Rhiannon Hoyle Mining giant Rio Tinto reported a 43% drop in first-half net profit and pared its payout to shareholders, reflecting a fall in commodity...
Rio Tinto Group (LON:RIO – Free Report) had its target price trimmed by Barclays from GBX 6,700 ($86.20) to GBX 6,400 ($82.34) in a report released on Monday morning, Marketbeat.com reports. The firm currently has an equal weight rating on the stock. A number of other equities analysts have also issued reports on RIO. Citigroup […]
Rio Tinto Group (LON: RIO) recently received a number of ratings updates from brokerages and research firms: 7/10/2023 – Rio Tinto Group had its price target lowered by analysts at Barclays PLC from GBX 6,700 ($86.20) to GBX 6,400 ($82.34). They now have an “equal weight” rating on the stock. 7/7/2023 – Rio Tinto Group […]