Rio Tinto PLC

RIO

Equity

ISIN US7672041008 / Valor 652127

CTA NASDAQ OMX Stock Exchange (2025-03-14)

USD 63.04+3.01%

Rio Tinto PLC
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About company

Rio Tinto PLC is a global mining and metals company that owns and operates mining, processing, smelting, and refining operations across various countries and commodities. The company focuses on simplifying its operations, sharing best practices, and ensuring safe, productive, profitable, and environmentally responsible performance. Rio Tinto contributes to local economies by providing training, creating jobs, paying taxes, and investing in social and community initiatives. The company aims to reach net zero carbon emissions by 2050 and aligns its products with market needs, particularly in essential materials for the energy transition like copper, aluminium, iron ore, lithium, and other critical minerals. Rio Tinto supports the growth of these commodities by offering lower carbon, responsibly sourced, and traceable products to help customers decarbonize.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Resilient Financial Performance

In its 2024 full-year financial results, Rio Tinto PLC reported a resilient financial performance with an underlying EBITDA of $23.3 billion. This achievement comes despite an 11% decrease in iron ore prices, showcasing the company's ability to maintain strong financials under challenging market conditions.

Increased Operating Cash Flow

Rio Tinto PLC generated higher net cash from operating activities, amounting to $15.6 billion for the year ended December 31, 2024. This increase was driven by a strategic portfolio mix and effective working capital management, highlighting the company's operational efficiency.

Profit and Earnings Growth

The company reported a profit after tax attributable to owners, referred to as net earnings, of $11.6 billion for 2024. This represents a 15% increase compared to the previous year, reflecting Rio Tinto PLC's strong profitability and effective cost management strategies.

Dividend Payout

Rio Tinto PLC declared a full-year ordinary dividend of $6.5 billion, maintaining a 60% payout ratio. This marks the ninth consecutive year that the company has been at the top end of its payout range, demonstrating its commitment to delivering attractive returns to shareholders.

Positive Outlook for 2025

Looking ahead to 2025, Rio Tinto PLC is optimistic about its growth prospects, with plans to close the Arcadium acquisition in March. The company is focused on disciplined investments to support a decade of profitable growth, while continuing to provide attractive shareholder returns.

Summarized from source with an LLMView Source

Key figures

1.60%1Y

-9.11%3Y

43.6%5Y

Performance

23.0%1Y

29.5%3Y

33.6%5Y

Volatility