Rio Tinto to invest $1.9bn in Queensland bauxite expansion
23rd Oct 2026 07:19
(Sharecast News) - Rio Tinto will invest $1.9bn in the Kangwinan bauxite project in Queensland, Australia, adding 20m tonnes of annual production capacity as it looks to maintain its position as a leading global bauxite producer and replace ageing facilities.
Read moreRio Tinto beats iron ore sales forecasts, on track for $5bn capital release
14th Oct 2026 07:25
(Sharecast News) - Rio Tinto said it remains on track to unlock around $5bn of capital by the end of 2026 after strong operational performance helped third-quarter iron ore sales from its Pilbara operations beat market expectations.
Read moreRio Tinto smelter gets $2.5bn bailout from Australian government
13th Aug 2026 07:07
(Sharecast News) - Australia has stepped in with a AUD $2.5bn bailout to keep the country's largest aluminium smelter running.
Read moreBerenberg upgrades Rio Tinto to 'buy'
30th Jul 2026 08:25
(Sharecast News) - Analysts at Berenberg lifted their stance on Rio Tinto to 'buy' from 'hold' on Thursday and raised their target price on the stock to 8,600p from 8,100p, arguing that investors have a tactical opportunity to rotate out of BHP after its strong year‑to‑date run.
Read moreBerenberg lowers target price on Rio Tinto following Q2 update
16th Jul 2026 12:21
(Sharecast News) - Analysts at Berenberg cut their price target on Rio Tinto from 8,200p to 8,100p on Thursday, saying higher‑than‑expected diesel costs in the Pilbara were likely to keep unit‑cost pressure elevated, while parts of the miner's Q2 production update pointed to downside risks in iron ore.
Read moreRio Tinto maintains iron ore shipments guidance despite cyclone disruption
30th Mar 2026 09:28
(Sharecast News) - Rio Tinto maintained its guidance for 2026 Pilbara iron ore shipments on Monday despite cyclone disruption.
Read moreRio Tinto secures AUD2bn bailout for Boyne aluminium smelter
25th Mar 2026 08:12
(Sharecast News) - Rio Tinto said on Wednesday that it has struck a "landmark partnership" with the Queensland Government and the Commonwealth Government to secure a long-term future for the Boyne aluminium smelter at Gladstone, which will now be kept going until at least 2040.
Read moreBarclays downgrades Rio Tinto, cites several near-term headwinds
24th Feb 2026 09:51
(Sharecast News) - Barclays downgraded Rio Tinto on Tuesday to 'equalweight' from 'overweight' and cut the price target to 6,600p from 6,885p, citing a number of near-term headwinds.
Read moreRio Tinto net profit falls 14% on weak iron ore demand
19th Feb 2026 07:33
(Sharecast News) - Rio Tinto on Thursday posted a 14% drop in full-year net profit as weak steel demand in China hit iron ore earnings, slightly offset by higher copper prices.
Read moreRio Tinto and Glencore abandon merger talks
5th Feb 2026 15:54
(Sharecast News) - Rio Tinto said on Thursday that it has abandoned merger talks with Glencore after they failed to reach an agreement "that would deliver value to its shareholders".
Read moreRio Tinto beats forecasts with bumper fourth quarter output
21st Jan 2026 07:35
(Sharecast News) - Rio Tinto reported a bumper fourth quarter on Wednesday, with iron ore production from Pilbara and total copper output beating analysts' estimates to reach new records, as the company met or exceeded full-year guidance across all major product groups.
Read moreAmazon utilising Rio Tinto's breakthrough copper tech for data centres
15th Jan 2026 14:35
(Sharecast News) - Amazon on Thursday announced a new partnership with Rio Tinto that will it become the first customer of the mining group's pioneering copper-extracting methods to deploy copper in its data centres.
Read moreBHP, Rio Tinto plan Pilbara tie-up to mine iron ore
15th Jan 2026 08:46
(Sharecast News) - Mining giants Rio Tinto and BHP on Thursday said they planned to collaborate to extract up to 200 million metric tons of iron ore from two adjoining sites in Western Australia's Pilbara region.
Read moreBerenberg says Glencore-Rio deal makes, copper exposure the focus
9th Jan 2026 12:37
(Sharecast News) - Commenting on Rio Tinto and Glencore's confirmed merger talks on Friday, Berenberg said in a research note that the deal makes sense and the thrust of the acquisition appears to be copper exposure.
Read moreRio Tinto and Glencore confirm merger talks
9th Jan 2026 07:38
(Sharecast News) - Miners Glencore and Rio Tinto confirmed on Friday that they are in preliminary talks about a possible combination of some or all of their businesses, which could include an all-share merger - a deal that would create the world's largest mining company with a $260bn valuation.
Read more