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Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). [3] It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government.
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A formal hostile bid of 3.4 BHP Billiton shares for each Rio Tinto share was announced on 6 February 2008; [50] The bid was withdrawn 25 November 2008 due to global recession. [ 51 ] [ 52 ] On 14 May 2008, BHP Billiton shares rose to a record high of A$ 48.90 following speculation that Chinese mining firm Chinalco was considering purchasing a ...
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
Energy Resources of Australia Ltd (ASX: ERA) is a public company based in Australia. It is a subsidiary of the Rio Tinto Group which as of 2021 owns 86.3% of the company. [1] The remainder is publicly held and traded on the Australian Securities Exchange. The chairman is Peter McMahon and Chief Executive is Andrea Sutton.
Riversdale Mining is an Australian mining company, listed on the S&P/ASX 200. It specialises in coal mines in Africa. [2] [3] [4] Tata Steel owned a stake of approximately 24% in Riversdale; [5] Passport Capital and Brazilian steelmaker CSN also have a stake. [6] In April 2010, Rio Tinto Group gained a majority stake. [7]