Key facts: LSE:RIO plans $13B Pilbara spend; China buyer paused talks
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.
RNS Number : 0184P Rio Tinto PLC 03 August 2026 Notice to LSEIssue of Shares3 August 2026In accordance with PRM 1.6.4R, Rio Tinto plc (the "Company") (LEI:213800YOEO5OQ72G2R82) confirms that between 1 July 2026 and 31 July 2026, it has issued and allotted 12,006 ordinary shares of 10 pence each…
Rio Tinto (RIO) cut its 2026 copper C1 cash-cost guidance to $0.30–$0.50/lb, updating the company’s 2026 C1 cost range for copper production.Rio Tinto (RIO) will publish its 2026 H
Underlying EBITDA rose 28% year-over-year to $14.8bn, with free cash flow up 75% and an interim dividend of $3.4bn (+43%). Strong copper, aluminium, and lithium performance, robust balance sheet, and continued productivity gains underpin positive outlook and growth ambitions.Original document: Rio…
Miners are printing cash in this elevated commodity price environment, and Rio Tinto’s (RIO) 1H26 showcased just that, with its interim dividend up 43% to US$2.11 per share, the highest in four years. The stock is up 4.5% to $166.81 at the time of writing, far outperforming the broader Material’s i…
Underlying EBITDA rose 28% to $14.8 billion and free cash flow surged 75% to $3.8 billion, driven by higher commodity prices and productivity gains. Copper, Aluminium, and Lithium contributed over half of EBITDA, with major growth projects advancing and a 43% increase in interim dividends.Original…
Rio Tinto and the Western Australian Government have signed non-binding agreements for a proposed sale of their respective joint venture shares in the Dampier Seawater Desalination Plant to Yindjibarndi WaterCo.Rio Tinto and the WA Government are 50:50 joint venture partners in the Dampier Seawater…
Bad news drags Australian market lower as oil cracks US$100 againBad news dominated the Australian share market as Middle East tensions pushed oil prices back above the key US$100 a barrel level and worries about the cost of AI also whacked local technology stocks.By the Friday close the ASX 200 ha…
Rio Tinto (LSE:RIO) reported record Pilbara Q2 shipments and raised H1 sales while reaffirming full‑year guidance despite higher energy costs, is advancing Simandou, copper and lithium projects and eyeing a stake in Taca Taca as analysts trim its price target.Previous Week Recap This is…
Rio Tinto Group NYSE:RIO, a major miner with copper and iron ore operations, reported mixed second-quarter production after unplanned shutdowns at its Kennecott copper operation in the US weighed on output, while its iron ore business recovered from weather-related disruptions earlier in the year…
Rio Tinto NYSE:RIO dropped 0.40% in London trading after the global miner reported second-quarter global iron ore sales of 88.8 million tonnes, up 5% year over year, with Pilbara sales climbing 7% and first-half Pilbara output reaching its highest level since a 2018 record. The Anglo-Australian min…
Copper equivalent production grew 3% YoY in H1, with strong performances in iron ore, lithium, and aluminium. Guidance for 2026 remains unchanged, while copper unit cost guidance was reduced. Major capital projects, including Simandou and lithium expansions, are progressing on schedule.Original doc…
For the best part of a decade, iron ore has been the commodity that simply refused to break. Through China's property unwind, a peak in its steel output and a long grind lower in its growth rate, the price of Australia's most valuable export has now spent nearly seven years hovering around US$100 a…
By Antony CurrieMisery loves company. So BHP's ASX:BHP new CEO, Brandon Craig, and his team will feel less isolated now that China has taken to also pausing purchases of some of Fortescue's ASX:FMG iron ore shipments as a bargaining chip during contract talks. The development, reported by Reuters c…
Gold surge helps ASX to a weekly riseSurging prices for Australian gold miners helped the overall share market rally on Friday, up an impressive 1.4%, achieving a 0.9% rise for the week.Investors were more positive about the chances of fewer interest rate rises in the US this year after weaker June…
By Antony CurrieMisery loves company. So BHP's ASX:BHP new CEO, Brandon Craig, and his team will feel less isolated now that China has taken to also pausing purchases of some of Fortescue's ASX:FMG iron ore shipments as a bargaining chip during contract talks. The development, reported by Reuters c…
RNS Number : 6699K Rio Tinto PLC 01 July 2026 Notice to LSEIssue of Shares1 July 2026In accordance with PRM 1.6.4R, Rio Tinto plc (the "Company") (LEI:213800YOEO5OQ72G2R82) confirms that between 1 June 2026 and 30 June 2026, it has issued and allotted 114 ordinary shares of 10 pence each (ISIN…
By Antony CurrieThere's nothing like proving the doubters wrong. Graham Kerr must be feeling that as he steps down after 11 years running South32 ASX:S32. The $13 billion Sydney-listed mining company was laughed off and dubbed a "CrapCo" by analysts, investors and journalists alike when it was spun…
The UK's blue-chip FTSE 100 ticked lower on Wednesday after posting six straight quarterly gains as investors monitored the latest setback in U.S.-Iran talks, with gains in financials and industrials offsetting weakness in energy and mining shares.The internationally focussed FTSE 100 index CURRENC…
By Antony CurrieThere's nothing like proving the doubters wrong. Graham Kerr must be feeling that as he steps down after 11 years running South32 ASX:S32. The $13 billion Sydney-listed mining company was laughed off and dubbed a "CrapCo" by analysts, investors and journalists alike when it was spun…