RIO
NYSE · Basic Materials
Rio Tinto Group
$97.49
+0.45 (+0.46%)
RIO News30 articles
Australia's Diesel Price Surge: Supply Is Secure, but Costs Bite
Australia's diesel supply is secure with 32 days of stock, but record prices are fueling inflation and an expected RBA rate hike. ASX 200 fell 1% as energy costs hit miners.
ASX 200 Hits Three-Month Low as Miners, Banks Weigh
Australia's S&P/ASX 200 dropped 0.9% to 8,672.5, its lowest close since June, as losses in miners, banks, and energy shares outweighed gains in tech and healthcare.
FTSE 100 Rises as FTSE 250 Slips, Signaling Narrow Market Rally
The FTSE 100 edged higher on Monday, but the FTSE 250 fell, underscoring a narrow rally driven by defensive stocks and oil producers rather than broad market strength.
ASX 200 Slips 1.2% as Miners Weigh; ASX Ltd Defies Decline
The ASX 200 dropped 1.21% to 8,712.9, driven by heavy mining losses, while ASX Ltd fell only 0.9% as trading volumes surged on volatility.
Vale Shares Jump 4% on Ambitious Iron Ore Output Target
Vale's stock climbed 4% after the miner announced a 2026 iron ore production target that could require a 13% increase in output. The company's Q2 results showed strong margins, but cost pressures remain a concern.
ASX 200 Steadies as Tech and Energy Gains Counter Banking Pressure
The ASX 200 rebounded 0.24% to 9,060 as tech and energy gains offset bank weakness. NextDC's strong FY26 results and higher oil prices supported the market.
FTSE 100 Slips as Energy and Mining Losses Offset AI-Led Tech Gains
The FTSE 100 slipped 0.48% as energy and mining losses outweighed tech gains from Nvidia's strong results. Computacenter jumped 4% on AI optimism.
ASX Slides as Capex Miss Deepens; MinRes Restores Dividend
The ASX 200 slipped 0.45% as a sharp drop in equipment investment weighed on sentiment, despite a strong earnings beat from Ramsay and a dividend restoration from Mineral Resources.
FTSE Edges Up as Mining Rally Offsets Soft UK Retail Data
The FTSE 100 opened higher on Friday, lifted by mining gains, but a 0.5% drop in July retail sales and a wider-than-expected deficit capped the advance.
Vale Shares Edge Up Despite BofA Downgrade; Buyback Could Lift Yield to 5%
Vale ADRs edged up 0.4% despite BofA downgrade. The company's capital return program, including buybacks, could yield 5.01%, but iron ore headwinds persist.
ASX 200 Set for Rebound as Tech Rally Drives July Gains
Australian shares are set to bounce back on Friday, driven by a tech rally, with the ASX 200 eyeing a 3% monthly gain. However, breadth remains a concern.
ASX 200 Set to Open Lower as Oil Rally Wanes, CPI and RBA Speech in Focus
ASX 200 futures fell 0.3% on Tuesday as the oil-driven rally ran out of steam, with investors turning to June inflation figures and RBA Governor Bullock's speech for direction.
FTSE 100 Gains as Oil Earnings and BoE Decision Loom
The FTSE 100 closed at 10,736.23, up 1.28% for the week. Energy is expected to contribute 62% of incremental earnings growth for the STOXX 600, with the BoE widely anticipated to hold rates steady.
Rio Tinto Shares Rise Ahead of H1 Results; Iron Ore Sales in Focus
Rio Tinto shares rose 2.13% ahead of half-year results, as investors focus on iron ore sales growth and copper cost reductions.
Rio Tinto Drops 1% on Steep H2 Shipment Target Despite Strong Q2
Rio Tinto shares fell 1.0% despite a solid Q2 iron ore beat, as the midpoint of full-year guidance implies a 172.8 million-tonne H2 sales target.
ASX 200 Closes Lower as Mining Losses Outpace Energy Gains Ahead of Key Data
The S&P/ASX 200 closed at 8,796.70, down 0.50%, with mining losses outweighing energy gains. Focus turns to China's loan rate decision and Australia's June jobs data.
ASX 200 Closes Lower as Materials Slide Offsets Broad Gains
The S&P/ASX 200 fell 0.50% to 8,796.7 on Friday, dragged by a 2.91% decline in materials, while seven other sectors gained. BHP, Rio Tinto, and Fortescue led the losses.
BHP copper price reliance intensifies as output set to drop 12% in FY2027
BHP Group (ASX:BHP) expects a 12% drop in copper output for fiscal 2027, requiring copper prices near $6.50/lb to offset the volume loss.
BHP Seeks Arbitration as Port Hedland Strike Looms After Iron Ore Test
BHP Group has requested Fair Work Commission intervention as an eight-hour strike at Port Hedland nears, following a key iron ore production test. The walkout could impact early FY27 shipments.
Glencore's Six-Day Volatility Totals 10.35% as Shares End Flat
Glencore shares experienced 10.35 percentage points of cumulative daily moves over six sessions but ended nearly unchanged, as oil gains from U.S.-Iran tensions balanced trading profits against rising industrial costs.
Rio Tinto Faces Key Test as Iron Ore Shipments Poised for Cyclone Recovery
Rio Tinto shares edged up ahead of a key Q2 operations update, with consensus expecting 84.1 million tonnes of Pilbara iron ore sales, a 16.2% rebound from the cyclone-disrupted first quarter.
Anglo American Edges Up Despite Freight Cost Warning
Anglo American shares recovered early losses as JPMorgan flagged a $95 million freight cost risk for Q2, highlighting potential headwinds from rising shipping rates.
Duolingo's Russell Index Shift Fuels Valuation Debate; Dow Futures Rise
Duolingo's move to a value index triggers valuation chatter. Dow futures rise with SK Hynix's U.S. debut, while ECB navigates energy inflation risks from US-Iran tensions.
Glencore Eyes Monday Catalyst as South Africa Greenlights Ferrochrome Power Relief
Glencore shares ended the week nearly unchanged at 567.80 pence, as South Africa approved a temporary discounted power rate for the Glencore-Merafe ferrochrome venture, offering cost relief ahead of Monday's market open.
ASX 200 Surges 1.6% on US-Iran Truce Hopes
The ASX 200 surged 1.6% to 8,731.70 on Friday, its biggest daily gain in seven weeks, driven by hopes of a US-Iran ceasefire that could ease oil supply fears.
Columbia Threadneedle Manager Buys LSEG, Dismisses AI Threat as Overstated
David Moss, manager of Columbia Threadneedle UK High Income trust, has bought shares in LSEG, dismissing AI fears as overblown. The trust trailed its benchmark with an 18.3% return.
Australian Stocks Hit Two-Week Peak, Mining Rally Offsets Energy Sector Decline
The S&P/ASX 200 closed at 8,692, its highest in two weeks, as mining and gold stocks rallied. Energy shares fell on lower crude oil prices. April inflation data is due Wednesday.
ASX Rises as Miners Rally, Guzman y Gomez Surges on US Exit
The ASX200 rose 0.41% on Friday, powered by mining stocks and a 9.6% surge in Guzman y Gomez after the chain exited the US. Weak employment data reduced rate hike concerns.
ASX 200 Rallies on Weak Jobs Data, Miners and Reits Lead
Australian shares rallied Thursday as soft jobs data reduced rate hike odds, with the ASX 200 climbing 1.47% led by miners and real estate.
Vale Outperforms Slumping Brazil Market on Iron Ore Strength
Vale shares rose 0.76% in São Paulo on Friday, outperforming the falling Ibovespa, as iron ore prices held near 52-week highs and the company projected $1.5 billion in additional free cash flow from its iron ore unit in 2026.