Analysis of Rio Tinto, Brickworks, Codan
Fund Manager Chris Pedersen discusses Rio Tinto, Brickworks and Codan.
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As pioneers in mining and metals, we produce materials essential to human progress. Iron ore for steel. Aluminium for cars and smartphones. Copper for wind turbines, electric cars and the pipes that bring water to our home. Borates that help crops grow, titanium for paint – and diamonds that celebrate the best things in life.
We work in about 35 countries – in mines, smelters and refineries, as well as in sales offices, data centres, research and development labs and with artificial intelligence. Our geologists explore the Earth’s wildest terrain. Our wildlife specialists work to protect and conserve grizzly bears in Canada and migratory shorebirds in Western Australia. Our marketing teams make sure our essential materials meet the specific needs of customers around the world. In Australia, our archaeologists work alongside Indigenous Australians to preserve 40,000-year-old rock art.
We are home to one of the world’s largest robots and maybe one of the smallest – we call him Mark. We built a wind farm 200 kilometres south of the Arctic Circle to help power our diamond mine, and in 2018 became the only major mining company to stop producing fossil fuels, including coal. We want to be part of the solution to climate change, and believe we are.
We aim to deliver superior returns to our shareholders throughout the cycle by meeting our customers’ needs, allocating capital with discipline, and investing in high-quality projects and in industries with solid, long-term fundamentals.
We were founded in 1873, on the banks of the Rio Tinto river in Andalusia, Spain. We are proud of everything we have achieved. At Rio Tinto, we know our future is even brighter than our past.
Fund Manager Chris Pedersen discusses Rio Tinto, Brickworks and Codan.
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19 Jul 2022 - Fund Manager Chris Pedersen discusses inflation, iron ore, BHP Group, Rio Tinto, Fortescue Metals Group, Deterra Royalties.
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12 Jul 2023 - Major US indexes rose Tuesday, a day after the major averages snapped a three-session decline, as traders await the June consumer price index report set for release on Wednesday, as well as the June producer price index due out on Thursday.
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Scott Kelly, Manager of the DNR Capital Australian Equities Income Portfolio, provides an update on his firm's outlook for dividends in the Australian equity market.
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With a backdrop of low interest rates where should investors seek yield? Informed Investor sat down with Scott Kelly, Portfolio Manager for the DNR Capital Australian Equities Income SMA to find out.
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Mining giant Rio Tinto has announced an agreement to acquire Arcadium Lithium, a US-based lithium chemicals producer, in a $6.7 billion all-cash deal.
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Rio Tinto will take control of a $2.4bn uranium mine rehabilitation project for its majority-owned subsidiary Energy Resources of Australia (ERA), ending a long-running dispute with minority investors over control of the company and its former mine near Kakadu National Park in the Northern Territory.
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Rio Tinto's (ASX:RIO) counter-cyclical move in offering nearly $10 billion for London- and US-based Arcadium Lithium has exposed the enormous potential losses now facing the entire lithium industry here and offshore -- including in China.
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A halfway split would be one way of describing the takeover price Rio Tinto (ASX:RIO) will pay to take control of Arcadium (ASX:LTM).
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Rio Tinto (ASX:RIO) wants to acquire the US-Australian-Argentinian lithium group Arcadium in a deal that could ignite consolidation across the struggling industry.
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Rio Tinto (ASX:RIO) is again facing growing local opposition to its plans for the massive Jadar lithium mine in western Serbia.
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An Australian start-up, backed by mining giant Rio Tinto (ASX:RIO), is raising funds to develop a lithium extraction technology that could unlock new reserves of this essential battery component and reduce global reliance on China for refining the commodity.
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Rio Tinto's (ASX:RIO) chief executive, Jakob Stausholm, expressed no urgency in pursuing major mining sector deals, labeling a potential takeover of rival Anglo American as “all-consuming” for the world’s second-largest mining company.
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Rio Tinto (ASX:RIO) delivered a flat result for the six months to June and maintained its interim dividend for shareholders despite stronger copper returns.
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Vale, the big Brazilian iron ore giant, has had a rip-roaring bounce-back in the June quarter. So much so, it has snatched back the title of the world’s biggest producer from Rio Tinto.
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