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Rio Tinto Announces Key Updates and Strategic Partnership in January 2025

Story Highlights
  • Rio Tinto disclosed its capital structure with 1.25 billion shares as of December 2024.
  • Partnership with Hydro marks Rio Tinto’s focus on sustainable aluminum production.
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Rio Tinto Announces Key Updates and Strategic Partnership in January 2025

The latest update is out from Rio Tinto Limited ( (AU:RIO) ).

In January 2025, Rio Tinto released several announcements including a notification of its total voting rights and issued capital as of December 2024, revealing a share capital of over 1.25 billion ordinary shares. The company also provided updates on new equity securities issuance, cessation of securities, and changes in substantial holdings, all of which are significant for stakeholders monitoring market movements and company ownership structures. Notably, Rio Tinto announced a partnership with Hydro on carbon capture technologies for aluminum smelters, indicating strategic moves towards sustainability and innovation.

More about Rio Tinto Limited

Rio Tinto Limited is a leading player in the global mining industry, primarily engaged in the extraction and production of metals and minerals. The company focuses on iron ore, aluminum, and copper, which are essential components for various industries worldwide.

YTD Price Performance: 3.02%

Average Trading Volume: 734

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $101.3B

Find detailed analytics on RIO stock on TipRanks’ Stock Analysis page.

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