Rio Tinto plans up to $10bn in asset sales, spending cuts
4th Dec 2025 10:12
(Sharecast News) - Mining giant Rio Tinto on Thursday announced plans to release up to $10bn of capital through cost cuts and asset sales, including stakes in infrastructure, and slashing its decarbonisation budget.
Read moreRio Tinto shelves Serbian lithium project
13th Nov 2025 11:23
(Sharecast News) - London-listed mining giant Rio Tinto has shelved its massive Jadar lithium project in Serbia in a cost-cutting move as it focuses on other near-term opportunities.
Read moreRio Tinto on track to hit 2025 production targets
14th Oct 2025 07:45
(Sharecast News) - Rio Tinto said it remains on track to hit production targets this year as it upgraded its bauxite guidance, though iron ore shipments in the third quarter were more or less flat.
Read moreRio Tinto to invest $733m in West Angelas iron ore expansion
7th Oct 2025 07:36
(Sharecast News) - Mining giant Rio Tinto said on Tuesday that it will invest $733m alongside joint venture partners Mitsui and Nippon Steel to develop new iron ore deposits at the West Angelas hub in Western Australia's Pilbara region, with Rio's share totalling $389m.
Read moreLondon midday: UK stocks keep grinding towards year's highs
3rd Oct 2025 11:15
(Sharecast News) - Stocks are moving higher still shortly before midday with investor sentiment buoyed by fresh bullish news around the artificial intelligence space, even as investors keep a wary eye on the ongoing budget standoff in Washington D.C..
Read moreLondon close: Stocks rise ahead of Fed, BoE decisions
17th Sep 2025 17:21
(Sharecast News) - London stocks ended slightly higher on Wednesday as investors weighed the latest UK inflation data and awaited upcoming policy decisions from the US Federal Reserve and the Bank of England.
Read moreLondon close: Stocks slip ahead of Nvidia earnings
27th Aug 2025 17:26
(Sharecast News) - London stocks slipped on Wednesday as investors awaited quarterly results from US technology giant Nvidia, due after the closing bell on Wall Street.
Read moreRio Tinto simplifies structure into three businesses
27th Aug 2025 07:20
(Sharecast News) - Mining giant Rio Tinto announced on Wednesday that it was simplifying its product group structure into three businesses - iron ore, aluminium & lithium, and copper.
Read moreLondon close: Stocks mixed as world watches Ukraine talks
18th Aug 2025 17:50
(Sharecast News) - London equities ended Monday in mixed territory amid subdued trading, as investors monitored geopolitical developments and looked ahead to a key gathering of central bankers later in the week.
Read moreLondon close: Stocks weaker ahead of Putin-Trump talks
15th Aug 2025 17:53
(Sharecast News) - London stocks ended lower on Friday as investors turned cautious ahead of talks between US president Donald Trump and his Russian counterpart Vladimir Putin in Alaska, aimed at ending the war in Ukraine.
Read moreDeutsche Bank downgrades Rio Tinto to 'hold'
31st Jul 2025 12:41
(Sharecast News) - Deutsche Bank downgraded Rio Tinto on Friday to 'hold' from 'buy' and cut the price target to 5,100p from 5,300p following the first-result half results a day earlier and the recent iron ore-led rebound in the shares.
Read moreRio Tinto reports weakest H1 earnings since 2020
30th Jul 2025 09:16
(Sharecast News) - Mining giant Rio Tinto shares edged lower on Wednesday after posting its lowest H1 earnings since 2020 miner as weaker iron ore prices and higher costs weighed on the group.
Read moreLondon close: Stocks fall after rise in UK consumer inflation
16th Jul 2025 17:49
(Sharecast News) - London equities slipped on Wednesday as stronger-than-expected UK inflation data offset a decline in US producer inflation, prompting investor caution over the interest rate outlook.
Read moreRio Tinto says US tariffs added $300m in costs on Canadian aluminium
16th Jul 2025 07:03
(Sharecast News) - Rio Tinto on Wednesday revealed that US tariffs added $300m in first half costs on aluminium exports from Canada.
Read moreRio Tinto appoints iron ore chief Simon Trott as CEO
15th Jul 2025 08:16
(Sharecast News) - Rio Tinto on Tuesday said it had appointed its iron ore chief Simon Trott to succeed Jakob Stausholm as chief executive of the mining giant.
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