Rio Tinto $RIO (-0,51 %) announced that Mitsui & Co. $8031 (-0,64 %) has agreed to acquire a 40% interest (approximately USD 5.3 billion) in the Rhodes Ridge Joint Venture from Rio Tinto's partners.

Mitsui & Co. has agreed to acquire VOC Group Limited's entire 25% interest in the joint venture.

Separately, Mitsui & Co. has signed a letter of intent to acquire a further 15% interest in the RRJV from AMB Holdings Pty Ltd.

Mitsui & Co. and Rio Tinto have long been partners in the Robe River Joint Venture.

Rio Tinto's 50% interest in the Rhodes Ridge Joint Venture and the terms of the joint venture agreements remain unchanged.

Under the terms of the agreement, AMB Holdings Pty Ltd will retain a 10% interest in the Rhodes Ridge Joint Venture.

A pre-feasibility study aimed at advancing the Rhodes Ridge development is expected to be completed later this year, followed by a feasibility study. The project will utilize Rio Tinto's rail, port and power infrastructure.

Rio Tinto $RIO (-0,51 %) today reports robust financial results with adjusted EBITDA of USD 23.3 billion despite an 11% lower iron ore price. In addition, higher net cash flow from operating activities of USD 15.6 billion, driven by portfolio mix and effective working capital management.

An ordinary dividend for the full year of USD 6.5 billion, corresponding to a payout of 60%, has also been announced.

• Net cash (million$) 15,599 (15,160) +3 %

• Sales revenue (million$) 53,658 (54,041) -1%

• EBITDA (m$) 23,314 (23,892) -2%

• Net earnings (Mio$) 11,552 (10,058) +15%

• EPS (US cents) 669.5 (725.0) -8%

• Dividend p. S. (US cents) 402.0 (435.0) -8%

• ROCE 18% (20%) -2%

• Net debt (Mio$) 5,491 (4,231) +30%

Rio Tinto Chief Executive Jakob Stausholm said: "We continue to build on our momentum with another set of strong operational and financial results. With adjusted EBITDA of $23.3 billion and operating cash flow of $15.6 billion, we are increasing our investment to underpin our plans for a decade of profitable growth. We report an adjusted profit of USD 10.9 billion, after taxes and government levies of USD 8.2 billion and a healthy return on capital of 18 %. Our strong balance sheet enables us to pay a decent dividend of USD 6.5 billion, maintaining our 60% payout policy and remaining at the top end of our payout range for the ninth consecutive year as we continue to invest with discipline."

"We look forward to 2025 with all the building blocks in place for an incredibly successful, diversified and growing company, including the expected closing of the Arcadium acquisition in March. We will remain disciplined in the short, medium and long term while generating attractive returns for our shareholders."

https://www.riotinto.com/en/invest/financial-news-performance/results

The Rio Tinto share $RIO (-0,51 %) is in the spotlight as the mining group prepares for possible aluminum tariffs of 25 percent. CEO Jakob Stausholm is currently waiting to see whether US President Donald Trump actually carries out his threat. So far, Rio Tinto has not yet diverted any aluminum sales - so the situation remains exciting!

But what does this mean for investors? Around 17 percent of Rio Tinto's revenue comes from the USA, one of the largest aluminum importers in the world. Around 70 percent of the primary aluminum required comes from Canada, which makes the tariffs particularly explosive.

How do you assess the situation? Do you think the tariffs will go ahead or will Trump cave in again? 🤔 Discuss with us!

Rio Tinto Ltd. $RIO (-0,51 %) has reduced its dividend for the past year. 📉 The reason for this is the lower iron ore prices, which reduced the adjusted profit by 7.6 percent to 10.9 billion dollars. Despite a net profit of 11.5 billion dollars, up 15 percent, shareholders now have to live with a final dividend of 2.25 dollars per share. That is a total of 4.02 dollars for the year - a fall from 4.35 dollars in the previous year.

How about it, are dividends a decisive factor for you when selecting shares? 🤔 Or do you look more at the growth potential? Rio Tinto shows that even large companies can be affected by market fluctuations.

What do you think? Is the dividend cut a reason to sell the share or are you staying calm? Let's discuss it!

Rio Tinto Exploration $RIO (-0,51 %) has teamed up with deep tech startup Atomionics to test a quantum gravity sensor in mineral exploration for the first time.

According to Atomionics, the wearable sensor (called Gravio), when installed on a moving vehicle, can image underground resources like a "virtual X-ray," allowing for ten times faster and more accurate exploration - without having to send anything underground. The device miniaturizes a technology normally found only in nuclear physics labs into a portable, basketball-sized sensor, it added.

Field trials in Arizona and Australia

A recent field test in Arizona demonstrated the capabilities of the Gravio quantum sensor in a harsh environment. Mounted on a moving vehicle, the sensor captured gravity data, enabling higher measurement density.

Previously, Atomionics had conducted another commercial survey expedition for Bridgeport Energy in Western Queensland, Australia. The survey covered a remote area of approximately 200 square kilometers.

How does it work?

Inside Gravio, the atoms are cooled to extremely low temperatures and then released to crash. At such temperatures, atoms exhibit wave-like behavior instead of behaving solely as particles. This wave-like behavior enables the high-precision measurements that make the experiment possible.

The sensor then measures the falling speed of the atoms, which is influenced by the gravitational force of the underground formations. Gravio detects the smallest fluctuations in this gravitational force and creates detailed 2D and 3D maps. These maps reveal anomalies that are then analyzed to identify underground resources.

"This technology could enable new approaches to mineral exploration, especially in difficult environments. For example, it could allow large areas to be surveyed at higher resolution, providing greater insight into resource definition," said James Alderman, Technology Partner at Rio Tinto Exploration.

The globally active mining group Rio Tinto $RIO (-0,51 %) has received all the necessary regulatory approvals for the acquisition of Arcadium Lithium $ALTM (+0,45 %) worth 6.7 billion US dollars, paving the way for the transaction to be completed at the beginning of March.

Arcadium Lithium confirmed on Friday that it has received merger control clearance in Australia, Canada, China, Japan, South Korea, the United Kingdom and the United States under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. In addition, investment screening approvals have been granted in Australia, Canada, Italy, the United Kingdom and the United States, including approval by the Committee on Foreign Investment in the United States.

The final procedural step for the transaction will be the hearing before the Royal Court of Jersey on March 5, after which the deal is expected to close on March 6.

The acquisition, announced in October, is a strategic move by Rio Tinto into the lithium sector as part of its wider energy transition ambitions. The mining giant is betting on the long-term growth in demand for lithium, particularly for electric vehicle batteries and energy storage systems, despite the current depressed spot prices.

"The acquisition of Arcadium Lithium is a significant step in Rio Tinto's long-term strategy and creates a world-class lithium business," said Jakob Stausholm, CEO of Rio Tinto, when announcing the acquisition. He pointed out that lithium demand is expected to grow at double-digit rates until 2040, with a market deficit expected by the end of the decade.

The acquisition will give Rio Tinto access to Arcadium's diversified lithium assets, including hard rock, conventional brine and direct lithium extraction sources, as well as its lithium chemical manufacturing capabilities. Arcadium, which operates in Argentina, Australia, Canada, China, Japan, the UK and the US, currently has a production capacity of 75,000 tons of lithium carbonate equivalent and plans to more than double this by 2028.

- Oil

- gas

- EU emissions trading

- Copper

- Aluminum

- Gold

- Silver

Link: https://shorturl.at/5VrEF

#gold
#silber
#öl
#oiel
#kupfer
#aluminium
#metall
#edelmetalle
$SHEL (-1,69 %)
$TTE (-1,26 %)
$ABX (-2,34 %)
$GLDA (+0,28 %)
$GOLD (-2,99 %)
$LNVA
$GOLD
$DE000EWG0LD1 (+0 %)
$B7GN
$PAAS (-3,78 %)
$PHAG (-1,02 %)
$SLV (-0,71 %)
$1BRN
$IOIL00 (-3,09 %)
$WTI
$WTI
$CVX (-0,58 %)
$XOM (-0,73 %)
$OXYP34
$ALEX
$OD7A
$ALUM (-1,02 %)
$COPA (-1,1 %)
$OD7C
$SCCO (-4,21 %)
$GLEN (-1,81 %)
$RIO (-0,51 %)
$RIO (+2,17 %)
$RIO (-0,41 %)

Yesterday I set myself the challenge of completing my tax return using the Taxfix tax software and submitting it to the tax office on the same day. The expected result was EUR 1,613.00. To be honest, I had expected a higher refund in tax year 2024 due to the high tuition fees of around EUR 4,240 and other factors. But as is so often the case in life, the tax office and the tax return surprise us in an amusing way. :-)

Imagine you receive an additional capital inflow of EUR 1,613.00 - how would you use this amount? Would you invest in new shares, build on your existing positions, invest in ETFs, go for precious metals or plunge into the world of cryptocurrencies? I look forward to hearing your ideas and personal experiences on this scenario!

Out of pure interest in an exchange of opinions: If you can take a look at my current portfolio, which positions would you consider worth buying in the event of a similar influx of capital? I am also happy to receive the odd humorous comment ;-)

#etfs
$VHYL (-0,58 %)
$FUSD (-1,38 %)
$D6RM (-0,54 %)

#stock
$TSLA (-4,32 %)
$GOOGL (-2,28 %)
$MS (-1,6 %)
$CS (+0,45 %)
$NOVO B (+5,32 %)
$ASML (-0,72 %)
$MUV2 (-0,6 %)
$CNQ (-0,99 %)
$GGG (-1 %)
$MC (+0,4 %)
$DHL (+0,55 %)
$TKA (+0,24 %)
$RIO (-0,51 %)
$ADBE (-2,14 %)
$MPW (-2,1 %)

#stock
$BICO (-4,29 %)
$9866 (+2,04 %)
$SVA (+0 %)
$TECO (-67,57 %) (Insolvency filed)

#edelmetalle
$965515 (-0,13 %)

#krypto
$BTC (+0,72 %)
$ETH (+1,64 %)
$ADA (+0,8 %)
$FET (+5,66 %)
$BNB (+1,71 %)
$CAKE (+0,66 %)
$AXS (+1,52 %)

Rio Tinto $RIO (-0,51 %) and Hydro will join forces to identify and evaluate available carbon capture technologies for future use in the aluminum electrolysis process. The companies have signed a partnership agreement to share certain information, results and costs for specific R&D activities, ranging from laboratory testing with external suppliers to larger on-site pilot projects, with the aim of creating an improved supply of commercially viable carbon capture technologies from relevant suppliers.

Together, the partners plan to invest approximately $45 million over five years in this initiative, with the majority of the work to be carried out at Rio Tinto's facilities in Europe and Hydro's facilities in Norway. Beyond this collaboration, both companies will continue to undertake significant decarbonization efforts independently.

Anode consumption during the electrolysis process is responsible for around three quarters of a smelter's direct CO2 emissions. For several years, scientists from Rio Tinto and Hydro have been researching various carbon capture technologies as complementary solutions to help both companies achieve their climate targets. This is complemented by the development and expansion of carbon-free aluminum smelting technologies such as Hydro's HalZero technology and Rio Tinto's participation in the ELYSIS joint venture.

Rio Tinto CEO Jakob Stausholm said: "Rio Tinto is committed to achieving net zero emissions from our operations by 2050 and we recognize that a portfolio of solutions is required to achieve our climate targets. By working with Hydro to evaluate specific carbon capture technologies for aluminum smelters, we are finding better ways to leverage our complementary networks and R&D capabilities to address the climate change challenge."

In the discussion about a further package of sanctions against Russia, the 27 EU countries are considering a ban on Russian aluminum imports. According to initial drafts, the lucrative imports could be banned in stages, according to diplomatic circles in Brussels.

Personally, I would welcome this as it could not only support or drive up the price of aluminum, but also lead to more revenue for profiteers such as $RIO (-0,51 %) to more income.