RIO
NYSE · Basic Materials
Rio Tinto Group
$105.02
+1.91 (+1.85%)
RIO News30 articles
ASX 200 Suffers Sharpest Fall in Seven Weeks on Oil Surge, Geopolitical Tensions
The S&P/ASX 200 fell 1.51% to 8,744.40, its steepest drop in seven weeks, as renewed U.S.-Iran fighting sent oil above $100 a barrel and erased nearly A$50 billion from the market.
ASX 200 Rallies on Mining Surge, Energy Stocks Slide
The ASX 200 closed up 0.96% at 8,878.1, driven by miners and gold stocks, while energy shares fell sharply on oil price declines and new LNG export regulations.
ASX 200 Surges 1.3% as Banks and Miners Rally Following RBA Rate Hike
Australian shares jumped 1.3% to 8,793.60, their highest close since early April, driven by gains in banks and miners after the RBA rate hike.
ASX 200 Extends Losing Streak as Inflation and Oil Shock Weigh on Sentiment
Australian shares slipped for an eighth consecutive day, with the ASX 200 closing 0.24% lower, as inflation data and a profit warning from Woolworths dragged on the market.
ASX 200 Extends Losing Streak as Inflation Surprises
The ASX 200 fell 0.27% to 8,687, its seventh consecutive decline, after inflation accelerated to 4.6% in March, raising the odds of an RBA rate hike.
ASX 200 Stretches Losing Streak to Five Sessions as Energy and Bank Stocks Weigh
The S&P/ASX 200 declined for a fifth consecutive session, losing 20.1 points to 8,766.40, as energy, utility, and bank stocks dragged. Origin Energy plunged 5.25%, while Atlas Arteria jumped on a takeover offer.
ASX 200 Drops to Two-Week Low on Rate Hike Fears, Energy Stocks Rally
The S&P/ASX 200 slipped 0.6% to 8,793.40, its lowest close in two weeks, as financials and miners fell while energy stocks rallied on oil price gains.
FTSE 100 Dips as Oil Surpasses $103; Sainsbury, WH Smith Issue Profit Warnings
The FTSE 100 slipped 0.59% as Brent crude climbed above $103, with Sainsbury and WH Smith cutting profit forecasts due to higher costs and inflation concerns.
FTSE 100 Edges Lower as UK Inflation Hits 3.3%, Reckitt Plunges
UK inflation hit 3.3% in March, pressuring the FTSE 100 near 10,500. Reckitt dropped 5% after missing forecasts, while miners and BP gained.
ASX 200 Flat as Rio Tinto Gains Offset Energy Slide, Focus on US-Iran Talks
Australian shares ended Tuesday's session essentially flat, with the benchmark index dipping just 3.9 points. Gains in mining giant Rio Tinto were countered by a selloff in the energy sector, while investors awaited developments in US-Iran negotiations.
FTSE 100 Gains on Miner Strength, Mixed Corporate Updates
London's FTSE 100 advanced 0.2% on Thursday, buoyed by mining shares and a better-than-expected GDP reading. Morgan Sindall shares jumped after raising its profit outlook, contrasting with a decline for easyJet.
ASX 200 Edges Higher on Bank Strength, Tech Sell-Off Weighs
Australian shares closed slightly higher on Thursday, with gains in major banks offsetting a sharp decline in the technology sector. The benchmark index reached its highest level in five weeks.
Markets React to Geopolitical Tensions and Corporate Governance Moves
Global equities faced pressure Thursday as renewed geopolitical worries in West Asia rattled Indian and Asian benchmarks. Meanwhile, corporate news centered on governance shifts at Obayashi and valuation reviews for Rio Tinto and AtriCure.
Vale Shares Slip on RBC Downgrade Despite Record Iron Ore Output
Vale's stock declined as RBC downgraded the shares, arguing the recent rally has made them fairly valued. The move overshadowed strong operational results, including record annual iron ore output and a major milestone in recovering ore from waste material.
ASX 200 Recovers 1.1% as Energy Stocks Slide on Oil Price Retreat
Australian shares rebounded on Tuesday, with the benchmark index gaining 1.09%. The recovery was led by materials and financials, while energy stocks declined as oil prices retreated from recent highs.
Rio Tinto Bauxite Diverted Amid Hormuz Blockage, Aluminium Prices Surge
A Rio Tinto bauxite cargo from Australia has been diverted to China following a blockage in the Strait of Hormuz, contributing to a spike in aluminium prices as Gulf smelters face supply shortages.
ASX 200 Plunges on Oil Price Surge, Bond Yields Spike
The S&P/ASX 200 tumbled 2.85% to 8,599, its worst single-day decline in 11 months, driven by a sharp spike in oil prices and rising bond yields. Materials and technology sectors led the losses.
Rio Tinto and WA Government Launch $1.1B Desalination Plant to Ease Pilbara Water Crisis
Rio Tinto and the Western Australian government have formed a joint venture to complete the A$1.1 billion Dampier Seawater Desalination Plant. The project aims to deliver 8 billion litres of water per year to the water-stressed West Pilbara region, with initial output starting in late 2026.
Mineral Resources Achieves Full Crusher Capacity at Onslow Iron Project
Mineral Resources has activated three crushers at its Ken's Bore operation, achieving installed capacity of 40.9 million tonnes annually. The company shipped 8.7 million tonnes from Onslow Iron last quarter while working to reduce its A$4.9 billion net debt.
Fortescue Directors Signal Confidence with Share Purchases Following Strong Earnings
Directors at Fortescue Ltd acquired shares worth approximately A$114,664 following the company's robust half-year results, which included a significant profit increase and a higher interim dividend.
Anglo American CEO Sells Shares After LTIP Vests at 21.2%
Anglo American CEO Duncan Wanblad sold 24,074 shares at £36.384 each to cover tax obligations following the vesting of incentive awards. The company's 2023 long-term incentive plan paid out at 21.2% of the maximum potential award.
Rio Tinto and Western Australia Launch $1.1B Desalination Venture
Rio Tinto and the Western Australian government have established a 50:50 joint venture to construct a A$1.1 billion seawater desalination plant near Dampier. The expanded facility will provide 8 gigalitres of water annually to local towns and mining operations.
Fortescue Directors Increase Holdings Following Strong Earnings, Dividend Boost
Multiple Fortescue board members acquired shares in late February, following the iron ore miner's announcement of a 23% jump in first-half earnings and an increased interim dividend. The stock gained 2% on Thursday.
BHP Shares Decline Amid Mining Sector Weakness Ahead of Dividend Date
BHP Group's U.S.-listed stock dropped sharply alongside other major miners, with attention turning to its interim dividend schedule and persistent macroeconomic headwinds.
Glencore Leads Mining Sector Lower Amid Middle East Tensions, Oil Spike
Glencore stock dropped more than 3% in London trading, retreating from a yearly high as escalating geopolitical risks and surging oil prices pressured the broader mining sector and European equities.
Glencore Shares Retreat as Middle East Tensions Fuel Market Selloff
Glencore shares dropped more than 3% in London trading, leading a broad decline among mining stocks as escalating Middle East conflicts and surging oil prices sparked a risk-off sentiment across European markets.
Rio Tinto Shares Slide Amid Middle East Tensions, Project Approvals
Rio Tinto shares declined more than 2% in early London trading, pressured by broader market concerns over Middle East conflicts and spiking energy costs. The miner simultaneously approved a major mineral sands restart and received government backing for a critical minerals pilot plant.
Rio Tinto Shares Slide on Geopolitical Tensions, Company Advances Projects
Rio Tinto shares declined more than 2% in early London trading, pressured by broader market losses amid heightened Middle East tensions. The company simultaneously moved forward with a major mineral sands restart and a critical minerals pilot plant.
Fortescue Leads Iron Ore Slump as China Data, Shipping Risks Weigh
Fortescue Metals Group underperformed major miners, dropping 4.49% as iron ore prices softened. Market attention turns to China's manufacturing data and annual policy announcements, with shipping risks adding pressure.
Fortescue Leads ASX Decline Amid Iron Ore Volatility, China Data Awaited
Fortescue Metals Group underperformed major mining peers on Tuesday, falling 4.49% to A$19.58. The decline comes amid choppy iron ore markets and anticipation of critical Chinese manufacturing data and policy targets.