ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

RIO Rio Tinto Plc

5,453.00
74.00 (1.38%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  74.00 1.38% 5,453.00 5,449.00 5,451.00 5,504.00 5,444.00 5,462.00 2,288,057 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 54.86B 10.06B 6.1815 8.82 88.68B

Rio Tinto Slows Some Operations in Response to Coronavirus

23/03/2020 10:54pm

Dow Jones News


Rio Tinto (LSE:RIO)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Rio Tinto Charts.
   By David Winning 
 

SYDNEY--Rio Tinto PLC said it would slow operations in South Africa and Canada in response to government directives to contain the spread of the coronavirus.

Rio Tinto said all mining operations at its Richards Bay Minerals business in South Africa would stop for 21 days from midnight on Thursday, in line with a government order to prevent the virus from spreading more.

"In line with the President's directive, Rio Tinto will make arrangements for the furnaces to be put on care and maintenance in order to avoid damage to their continuous operations," the company said in a regulatory filing. "At this time, it is too early to speculate on when operations will resume or on 2020 production guidance."

Resumption of the construction of the Zulti South project in the country would be delayed, Rio Tinto added.

In Canada, Rio Tinto said it was working with the government of Quebec to comply with a directive to reduce business activity to a minimum. The Saguenay-Lac-Saint-Jean region accounts for nearly half of the company's global aluminum output and Rio Tinto also operates a port and stockpile in Sept-Iles.

 

Write to David Winning at david.winning@wsj.com

 

(END) Dow Jones Newswires

March 23, 2020 18:39 ET (22:39 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Rio Tinto Chart

1 Year Rio Tinto Chart

1 Month Rio Tinto Chart

1 Month Rio Tinto Chart

Your Recent History

Delayed Upgrade Clock