Rio Tinto (RIO) is set to install carbon-free aluminum smelting cells at its Arvida smelter in Québec, Canada, thus utilizing the first technology license issued by the ELYSIS joint venture. The groundbreaking ELYSIS technology aims to eliminate all direct greenhouse gases (GHGs) from the conventional aluminum smelting process, by producing oxygen as a byproduct while improving efficiency by producing more aluminum at lower costs. This pilot operation is expected to be a pivotal step in the large-scale indu ...

Rolf Wittke /iStock via Getty Images As the equity market makes new all-time highs and the implied risk for equities is hovering near record-highs as well, it is prudent for investors to reduce risk. There are different ways to achieve that - from portfolio rebalancing and focusing on more defensive areas of the market to better diversification and investing in high quality dividend stocks. When it comes to reducing risk, the basic materials sector rarely comes to mind as it is a highly cyclical area of the ...

Sloot/iStock Editorial via Getty Images Rio Tinto Group (OTCMKTS: OTCPK:RTNTF) is one of the largest mining corporations in the world, with a market capitalization of well over $100 billion USD. The company continues to be susceptible to changes in ore prices. However, it continues to generate strong cash flow with incredibly important assets. That will enable the company to continue generating long-term shareholder returns. Rio Tinto Financial Performance Rio Tinto has continued to focus on strong financia ...

Rio Tinto (RIO) has entered into an agreement to acquire the 11.65% interest in Boyne Smelters Ltd (“BSL”) from Mitsubishi Corporation (MSBHF) . The financial terms of the transaction have not yet been disclosed. BSL is located at Boyne Island in Central Queensland and is Australia’s second-largest aluminium smelter. Earlier, on May 31, Rio Tinto entered into an agreement to acquire the 2.46% share in BSL that was held by Sumitomo Chemical Company Limited, a part of Sumitomo (SSUMY) . This arrangement with ...

Seamless Performance and Real-Time, Intelligent Surveillance Keep Attendees Safe Detroit, Michigan, June 10, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), is thrilled to announce the successful deployment of 4 RAD RIO™ (ROSA Independent Observatory) solar-powered mobile surveillance units (MSU) during the 2024 CMA Fest in Nashville, Tennessee. The CMA Fest, one of the most significant country ...

USA News Group Commentary Issued on behalf of Yukon Metals Corp. VANCOUVER, BC, June 3, 2024 /PRNewswire/ -- One of the biggest threats to the ongoing energy transition is the world's ongoing copper shortage that's set to get worse. As demand for the red metal continues skyrocketing, the International Energy Agency (IEA) predicts that existing mines and projects under construction will meet only 80% of copper needs by 2030, which is concerning as opening a single copper mine typically takes 23 years. With t ...

BHP Group (BHP) has joined forces with Rio Tinto (RIO) to trial large battery-powered haul trucks manufactured by Caterpillar Inc. (CAT) and Komatsu (KMTUY) . This testing, set to take place in the Pilbara region of Western Australia, aims to accelerate the potential deployment of these trucks. This collaboration between two leading global miners with two of the world’s largest haul truck manufacturers also seeks to address the critical challenge of zero-emissions haulage. The trials will kick off in the se ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Rio Tinto (RIO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Rio Tinto currently has an average brokerage recommendation ( ...

全球销售及业务情况 - 公司在2023年的全球销售收入为540亿美元，较2022年略有下降[17] - 公司的产品包括铁矿石、铝、铜、钻石、钛白粉、锂等[25] - 公司在全球拥有多个矿山、项目、冶炼厂和加工厂[26] - 公司在全球拥有57,000名员工，致力于提供世界所需的材料[22] 财务表现 - 公司在2023年取得了强劲的财务业绩，包括118亿美元的基础收益和152亿美元的经营活动净现金流[51] - 公司财报显示，2023年净现金流为151.6亿美元，较2022年下降6%[180] - 2023年自由现金流为76.57亿美元，较2019年下降15%[180] - 2023年净债务为42.31亿美元，仅比年初高出1%[180] - 2023年每股基本盈利为725美分，较2019年下降12%[180] - 2023年普通股股息为435美分，较2019年下降12%[180] - 2023年资本雇用率为20%[180] 业务发展及战略 - 公司的战略是在增长业务的同时实现减碳，支持低碳经济转型[29] - 公司致力于为股东提供可观回报，同时提供支持低碳经济转型的产品[29] - 公司预计未来几十年将有重大产品销量增长，主要受到新需求和传统需求的推动[30] - 公司计划在更大规模上继续测试BioIronTM技术，并已获得连续试验装置的监管批准[73] - 公司通过Safe Production System在铁矿、铜矿、铝业和矿产业务中看到了生产效率和安全方面的显著改善[76] - 公司在2023年推出了BioIronTM技术，有望在炼钢过程中将二氧化碳排放降低95%以上[71] - 公司战略的三大支柱是在能源转型中至关重要的材料领域实现增长，加速减碳的资产开发，以及开发能帮助客户减碳的产品和技术[106] 投资及合作 - 公司宣布对铝业务进行11亿美元的投资，以扩大先进的AP60冶炼厂，并与Matalco合作进入北美市场[55] - 公司致力于在2028年至2036年将每年的铜产量增加至50万吨，并在Oyu Tolgoi地下项目取得显著进展[56] - 公司在2023年稳步推进阿根廷的Rincon锂项目，并收购澳大利亚新南威尔士州的Burra钪项目[58] - 公司与社区密切合作，包括与Yindjibarndi Energy Corporation合作探索可再生能源项目[57] - 公司在2023年全球范围内实现了铁矿石产量增长500万吨，AIFR全球范围内下降25%[131] 环保及可持续发展 - 公司已在2023年共花费4.25亿美元用于减碳，预计在2022-2030年期间总共投资50-60亿美元[119] - 公司已签署购买1.1GW可再生能源的电力购买协议，以实现太平洋业务的再生能源供电[120] - 公司已降低船舶排放强度37%，并在2023年完成了为期12个月的生物燃料试验[125] - 公司在2023年继续推动大型碳减排项目，包括太平洋铝业务的再生能源、ELYSIS、氧化铝工艺热、矿物加工和柴油过渡[131] - 公司在2023年继续推进大规模基于自然的解决方案的投资，以减少环境足迹并创造新的收入来源[132]

销售收入及利润 - 2023年度总销售收入为540亿美元，较2022年的556亿美元有所下降[4] - 2023年度净利润为101亿美元，较2022年的124亿美元有所下降[4] 环保和可持续发展 - 公司推动可持续采矿和加工的创新和突破，包括BlueSmeltingTM、ELYSISTM和BioIronTM[27] - 公司致力于2030年将1和2范围排放减少50%，并在2050年实现净零排放[29] - 公司在2023年实现了Gudai-Darri的铁矿石产能达到额定产能[126] 业务部门表现 - 铁矿石部门2023年度营收为322亿美元，较2022年的309亿美元有所增长[11] - 铝部门2023年度营收为123亿美元，较2022年的141亿美元有所下降[11] - 铜部门2023年度营收为67亿美元，较2022年的68亿美元有所下降[18] - 矿产部门2023年度营收为59亿美元，较2022年的68亿美元有所下降[18] 财务状况 - 公司在2023年的净债务为42.31亿美元[151] - 公司在2023年的自由现金流减少13亿美元至77亿美元[145] - 公司在2023年的基础收益为117.55亿美元，比2022年减少16亿美元[148] - 公司在2023年的基础EBITDA为239亿美元，比2022年减少24亿美元[148]