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    RIO   GB0007188757

RIO TINTO PLC

(RIO)
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Rio Tinto Faces Labor Strike at Kitimat, Kemano Operations

07/22/2021 | 06:09pm EDT

By Rhiannon Hoyle

SYDNEY--A union representing Rio Tinto PLC workers at its Kitimat aluminum smelter and Kemano power operations in British Columbia, Canada, has issued a notice to strike amid labor negotiations.

The strike is due to begin July 24, a bulletin published by Unifor Local 2301 said while highlighting concerns over job security and the use temporary employees, among other issues.

A Rio Tinto spokesman said the miner "is committed to working with the union to reach a mutually beneficial outcome to the ongoing bargaining process."

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

(END) Dow Jones Newswires

07-22-21 2009ET

Stocks mentioned in the article
ChangeLast1st jan.
RIO TINTO PLC -0.46% 4837 Delayed Quote.-11.19%
SILVER -0.85% 22.4368 Delayed Quote.-13.87%
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Analyst Recommendations on RIO TINTO PLC
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Financials (USD)
Sales 2021 65 708 M - -
Net income 2021 23 655 M - -
Net cash 2021 3 432 M - -
P/E ratio 2021 4,63x
Yield 2021 17,0%
Capitalization 110 B 110 B -
EV / Sales 2021 1,62x
EV / Sales 2022 1,98x
Nbr of Employees 47 500
Free-Float 65,3%
Chart RIO TINTO PLC
Duration : Period :
Rio Tinto plc Technical Analysis Chart | RIO | GB0007188757 | MarketScreener
Technical analysis trends RIO TINTO PLC
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 66,66 $
Average target price 82,54 $
Spread / Average Target 23,8%
EPS Revisions
Managers and Directors
Jakob Stausholm Chief Executive Officer & Executive Director
Peter Lloyd Cunningham Chief Financial Officer & Executive Director
Simon Robert Thompson Chairman
Arnaud Soirat Chief Operating Officer
Megan Clark Independent Non-Executive Director
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