Rio Tinto Share Discussion Threads

[maywillow] 16/11/2019 07:35

17/01/2020

Quarterly Operations Review Fourth quarter operations review 2019 8:30am Sydney (9:30pm London on 16 January)

26/02/2020

Annual Results 2019

[maywillow] 16/11/2019 07:04

luvin these low prices for on the morrow will bring me more than 25pc capital gain plus dividend

[turvart] 15/11/2019 21:55

Makes me laugh this mining game, you have the worlds second largest mining stock Rio seriously undervalued and everyone are piling their money into the aim stock EUA looking to make their fortunes and they are going to get seriously burnt because the grades are not even feasible to mine LOL.

[turvart] 15/11/2019 21:28

Not really Waldron,

Rio should be at least 5000, what analysts don’t seem to understand is Rio is moving to Copper as their main source of revenue by 2027.

That latest RNS by Rio was very good it displays how actually caring the management are of Rio and it’s a very important milestone in future mining contacts, the money involved is peanuts to Rio.

Well done Rio!

[waldron] 15/11/2019 16:54

Iron Ore82.80 USD 0.28(0.34%)
Gold COMEX 1,465.40 -0.54%
Silver COMEX 16.92 -0.63%
Platinum NYMEX 894.80 +1.36%
Copper COMEX 2.64 +0.67%
Brent Crude Oil NYMEX 63.25 +1.56%
Gasoline NYMEX 1.64 +1.76%
Natural Gas NYMEX 2.75 +0.96%
(WTI) 57.71 USD +1.32%


Rio Tinto
4,154.5 +1.54%

Bhp
1,690 +0.92%

Anglo American
2,037.5 +0.79%

Glencore
243.6 +1.90%


WHAT A PLEASANT END TO THE WEEK

[sarkasm] 15/11/2019 12:18

RNS Number : 5021T

Rio Tinto PLC

15 November 2019

Rio Tinto supports ERA's plans to raise funds for rehabilitation of Ranger Project Area

15 November 2019

Rio Tinto will support Energy Resources of Australia Limited's (ERA) plans for a renounceable entitlement offer to raise $324 million (A$476 million) for the rehabilitation of the Ranger Project Area in Australia's Northern Territory.

As a 68.4 per cent shareholder in ERA, Rio Tinto will subscribe to its full entitlement of approximately $221 million (A$326 million). Given ERA's inability to secure third-party underwriting support, Rio Tinto has also agreed to fully underwrite the offer to ensure ERA has the funds it needs to meet its current rehabilitation obligations.

Rio Tinto group executive Energy & Minerals Bold Baatar said "We take mine closure very seriously and ensuring ERA is able to fund the closure and rehabilitation of the Ranger Project Area, through participating in this entitlement offer, is a priority.

"We have committed to supporting this offer with the objective of ensuring ERA is in a position to rehabilitate Ranger to a standard that will establish an environment similar to the adjacent Kakadu National Park."

Under the terms of its mining approvals, ERA is required to end mining and processing activities at Ranger by January 2021 and complete final rehabilitation by January 2026.

On 8 February 2019, ERA finalised its closure feasibility study for Ranger Project Area rehabilitation, resulting in a material increase in anticipated rehabilitation costs. Following this increase, ERA advised it needed extra funding to meet its rehabilitation obligations to the Commonwealth Government, Northern Territory Government and Traditional Owners.

As announced by ERA today, Ranger rehabilitation expenditure is not expected to generate any direct financial return for ERA.

[podgyted] 15/11/2019 06:53

Iron ore rises as stocks fall due to falling deliveries:-



Rio up 1.3% in Oz.

Good weekend all.

[turvart] 14/11/2019 19:22

Just done some research on the share buy backs, since the middle of 2017 when there were approx 1.385 BLN shares in issue, there are approx 1.261 BLN at present, that’s approx £5.2 BLN GBP or $6.7 BLN US dollars in shares cancelled off the market, so what’s happening is the market cap is going lower and lower at these low level share price levels.

Future EPS will be a lot higher with less shares in issue and this will mean lower P/E ratios and the dividend should be increased if the EPS is higher based on Rio’s promise to deliver year on year to shareholders.

It’s only a matter of time before Rio moves towards 5000 that it saw this July, this stupid share price level can’t last forever based on fundamentals and future dividend yields.

With so much attention being focused on new world class copper mines coming online shortly like Oyo Tolgoi of which has just commissioned shaft 2 on the underground mine and should be in production by mid 2021 and also Resolution a super huge US copper development which should seek US approval in the next coming months to start development of the mine. These 2 mines alone with the already operational copper mines will bring huge earnings for Rio shareholders and could in fact by 2027 bring in more earnings than the Iron ore, analysts are predicting that by 2030 there will be a shortage of copper and prices are expected to rise considerably over the next decade.

Rio is IMO the stock to hold for pension growth with very promising EPS and dividend growth.

[podgyted] 14/11/2019 07:07

Rio up 0.6% in Oz

[turvart] 12/11/2019 20:20

The global auto industry is shifting with the electric vehicle (EV) revolution as the market is rapidly changing supported by technology improvements, increased affordability and government incentives. The evolving market will have a substantial impact on copper demand, where supply will struggle to match upcoming demand.

Copper is essential for the efficient performance of all types of electric vehicles. A pure electric vehicle contains more than a mile of copper wiring in its stator windings. Besides its use in electric motors, copper is used in batteries as well as inverters, wiring and in charging stations, owing to its durability, malleability, reliability and superior electrical conductivity.

Copper-intensive electric vehicles

A typical EV contains 10 times more copper than a conventional vehicle. While conventional cars contain roughly 20 to 50 pounds of copper, a hybrid electric vehicle (HEV) typically contains 85 pounds of copper; a plug-in hybrid electric vehicle (PHEV) uses about 130 pounds of copper; and battery electric vehicles (BEVs) typically contain more than 180 pounds of copper. Moreover, a hybrid electric bus contains 196 pounds of copper, and a single battery electric bus contains a whopping 814 pounds.

In 2016, the number of electric vehicles increased to two million and the total is projected to reach seven million by 2025, with five million charge ports required to support them. It is expected that annual sales of plug-in electric vehicles alone will exceed one million in 2023, reaching more than 7% of annual sales by 2025. Chinese annual sales are expected to reach four million by 2020 and further expected to grow 30% by 2025.

The projected EV growth will significantly impact the copper market; demand is expected to increase from 185,000 tonnes in 2017 to 1.7 million tonnes in 2027.

[maywillow] 12/11/2019 18:49

Another Major Miner Turns Its Back On Coal
By MINING.com - Nov 12, 2019, 11:30 AM CST Major Miner Coal

Anglo American (LON AAL) could become the next top miner to walk away from thermal coal, as the commodity was barely mentioned Tuesday in a series of presentations to investors as one of the company’s main pillars of growth from 2020 and beyond.

The diversified miner, which has consistently been offloading coal operations since 2014, has lowered its 2021 thermal coal target to 26 million tonnes from a previous goal of as much as 30 million tonnes.

According RBC Capital Markets, Anglo should decide next year whether the controversial commodity fits into its future portfolio.

The company is on a trajectory away from thermal coal and may be better off selling those assets, RBC analyst Tyler Broda said in a note to investors. “With rising ESG concerns, we would expect Anglo will divest this higher-quality and exports-focused business,” he wrote.

Metallurgical or coking coal, however, does appear to be one of Anglo’s key commodities moving forward. Despite a slight production drop from 23-25 million tonnes to 22-24 million tonnes expected next year, Anglo’s metallurgical coal guidance for 2022 increases to an estimated 26-28 million tonnes.

“We believe our iron ore, met coal and nickel businesses are well set to meet future demand trends,” the company’s Bulk Commodities chief, Seamus French, said in a presentation.

Top mining companies have been reducing or eliminating their exposure to coal on environmental grounds. Rio Tinto (ASX, LON: RIO), the world’s second largest miner, fully exited the coal sector in March 2018, with the sale of its Kestrel coal mine in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy for $2.25 billion.

Related: The Birth Of An LNG Superpower

Rival BHP (ASX, NYSE:BHP) took a step in the same direction in July, revealing it had been mulling options to divest its thermal coal business, which includes assets in Australia and Colombia.

Shareholders at the world’s largest mining company, however, don’t seem too keen to ditch coal. Last week, Australian investors voted against a plan that would have seen BHP leave lobby groups that promote policies at odds with the goals of the Paris climate accord. The agreement, signed in 2016 by almost 200 nations, aims at reducing emissions of planet-warming gases.

Australia’s South32 (ASX, LON, JSE:S32), which spun out of BHP in 2015, is another company to have recently kissed the fossil fuel goodbye. Las week, it sold its thermal coal operations to Seriti Resources and two trusts, for 100 million rand ($6.78 million) upfront.

By Mining.com

[waldron] 12/11/2019 16:47

Iron Ore 81.36 USD 1.06(1.30%)
Gold COMEX 1,453.30 -0.26%
Silver COMEX 16.71 -0.58%
Platinum NYMEX 869.30 -1.28%
Copper COMEX 2.65 -0.39%
Brent Crude Oil NYMEX 62.26 +0.13%
Gasoline NYMEX 1.61 +0.49%
Natural Gas NYMEX 2.71 -0.66%
(WTI) 57.02 USD +0.72%


Rio Tinto
4,145.5 +0.14%

Bhp
1,696.4 +0.24%

Anglo American
2,025 +0.77%

Glencore
245.35 -0.06%

[turvart] 11/11/2019 22:37

Rio Tinto has achieved a significant milestone at the Oyu Tolgoi mine in Mongolia with the completion of Shaft 2, which enables the acceleration of work on the underground development. Shaft 2, a 10 metre diameter shaft sunk to approximately 1.3 kilometres below the surface, has now entered into the final stages of commissioning.
This is a critical piece of infrastructure and will enable a step change in terms of delivering the underground mine. Shaft 2 can carry 300 people per cage cycle versus a maximum of 60 people per cage cycle through Shaft 1. The 48 tonne capacity cage can now be used to support logistics, transporting supplies and components for development of the mine.
Stephen McIntosh, Group executive, Growth & Innovation said “This is an important milestone because Shaft 2 significantly improves overall productivity of the underground development and allows us to move more material, equipment and people between the surface and underground. We have made very good progress in the past few months and completing Shaft 2 provides additional momentum as we move towards a definitive estimate for the development of this world-class ore-body in the second half of 2020.”

[waldron] 11/11/2019 17:05

Iron Ore 80.30 USD -0.06(-0.07%)
Gold COMEX 1,456.40 -0.44%
Silver COMEX 16.79 -0.20%
Platinum NYMEX 879.80 -1.49%
Copper COMEX 2.66 -0.67%
Brent Crude Oil NYMEX 62.32 -0.30%
Gasoline NYMEX 1.62 -0.17%
Natural Gas NYMEX 2.73 -5.15%
(WTI) 57.06 USD -0.05%




Rio Tinto
4,139.5 -1.58%

Bhp
1,692.4 -1.99%

Anglo American
2,009.5 -2.66%

Glencore
245.5 -3.50%

[sarkasm] 10/11/2019 09:57

directorstalk

Rio Tinto plc 12.7% Potential Upside Indicated by Goldman Sachs

Posted by: Amilia Stone 7th November 2019

Rio Tinto plc with EPIC/TICKER (LON:RIO) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set a target price of 4900 GBX on its stock.