RIO Stock Recent News

The OECD lowered US GDP forecasts for 2025 and 2026 today. Meta and Constellation are teaming up in a nuclear power supply agreement that will last 20 years.

U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Tuesday.

Rio Tinto has agreed to a new management plan with a local indigenous group that covers its iron-ore operations in an area of Australia's Pilbara region where it destroyed two ancient rock shelters five years ago.

MELBOURNE, Australia--(BUSINESS WIRE)--The Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation and Rio Tinto have signed a Co-Management Agreement to support a lasting and trusted partnership. The agreement is the overarching framework for Rio Tinto's iron ore operations on PKKP Country and formalises how they engage on proposals affecting heritage and social surroundings throughout the mine lifecycle. It will ensure knowledge-sharing and joint design is at the centre of Rio Tinto's.

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) is ramping up its lithium investments, notably with the recent US$6.7 billion acquisition of Arcadium, a leading lithium producer formed from the merger of Australia's Allkem and America's Livent. This substantial move follows the earlier US$825 million investment in Argentina's Rincon project, significantly enhancing Rio's lithium capacity.

Commodities and safe haven assets are making noise on Wall Street, with tariff turmoil still firmly in focus.

Rio Tinto is evolving from an iron ore giant to a copper growth story, capitalizing on the global energy transition and electrification trends. Copper production is set to surpass 1 million tonnes by 2028, with major projects like Oyu Tolgoi and Kennecott driving volume growth. Rising copper prices and increased output should fuel significant EBITDA growth, while the stock trades below its historical valuation multiples.

Chile's state-run mining firm ENAMI aims for its new Rio Tinto lithium partnership at Altoandinos to begin production in 2032 with 35,000 metric tons of the battery metal per year, and ramp up over three years to 75,000 tons, ENAMI company chief Ivan Mlynarz said on Friday.

The Investment Committee give you their top stocks to watch for the second half.

Rio Tinto is the preferred partner of ENAMI for Chile's Altoandinos lithium project, strengthening its global lithium portfolio amid long-term demand growth.