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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rio Tinto Plc | LSE:RIO | London | Ordinary Share | GB0007188757 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 25.00 | 0.46% | 5,467.00 | 5,464.00 | 5,466.00 | 5,499.00 | 5,447.00 | 5,475.00 | 1,971,631 | 16:35:30 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 54.86B | 10.06B | 6.1815 | 8.84 | 88.94B |
From May 2021 to May 2024
Rio Tinto and unions representing approximately 1,300 employees at the Kennecott copper operation near Salt Lake City, Utah, have reached a new Collective Bargaining Agreement.
The new five-year agreement was ratified through a vote by union members held on 31 March 2022, following seven weeks of constructive negotiations. This agreement, effective 1 April 2022, delivers fair and competitive wages and enhanced benefits for all represented Rio Tinto Kennecott employees, and new pathways to career progression.
Rio Tinto Kennecott managing director Gaby Poirier said: “We are very pleased that the new Collective Bargaining Agreement has been ratified by Rio Tinto Kennecott’s union members. We have worked closely and productively with the unions to reach this agreement, which is fair and competitive, benefits our employees and their families, and enables us to grow as a business. The agreement will ensure that we can continue to provide competitive wages and benefits for all roles, and will allow Kennecott to pursue an exciting future as a leading domestic copper supplier in the United States.”
The Kennecott copper mine employs more than 2,000 workers and contributes $1.6 billion annually to Utah’s economy.
riotinto.com
Category: Kennecott
View source version on businesswire.com: https://www.businesswire.com/news/home/20220401005229/en/
Please direct all enquiries to media.enquiries@riotinto.com
Media Relations, UK Illtud Harri M +44 7920 503 600 David Outhwaite M +44 7787 597 493 Media Relations, Americas Matthew Klar T +1 514 608 4429 Investor Relations, UK Menno Sanderse M: +44 7825 195 178 David Ovington M +44 7920 010 978 Clare Peever M +44 7788 967 877 Rio Tinto plc 6 St James’s Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Media Relations, Australia Jonathan Rose M +61 447 028 913 Matt Chambers M +61 433 525 739 Jesse Riseborough M +61 436 653 412 Investor Relations, Australia Amar Jambaa M +61 472 865 948 Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404
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