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The Latest Breaking News from Rio Tinto

Switching off the huge Gladstone coal station in 2029 will cause problems. It needs a longer, smarter phase-out

This month, Rio Tinto announced plans to bring forward the closure of Gladstone Power Station to 2029, six years ahead of schedule. The move was welcomed by environmental groups, as Gladstone is Queensland’s oldest and largest coal-fired station. It has struggled to compete with emerging renewable generation in recent years…

The Conversation

Rio Tinto Q3 Iron Ore Output Stays Flat, Sees Signs Of Slowing US, China Economy

Rio Tinto Plc (NYSE:RIO) shares are trading lower premarket on Tuesday after the company reported the third-quarter fiscal 2025 trading update.

Benzinga

If government bailouts of companies are the new normal, we need a better strategic vision

The federal government’s announcement of a A$600 million rescue package for Glencore’s copper smelting and refining operations in Mount Isa and Townsville marks a definitive shift in Australia’s industry policy.

The Conversation

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In Simandou Mountains, Guinea Prepares To Cash In On Iron Ore

At the foot of the Simandou mountains in southeast Guinea's lush tropical forest, thousands of workers, trucks and excavators are digging up the hills.

International Business Times

Rio Tinto, partners commit $1.1b to new iron ore mine

Rio Tinto, Mitsui and Nippon Steel are moving forward with a new iron ore project in Western Australia that will create a permanent workforce of 950 roles.

AAP

China’s reported BHP iron ore ban has wide-ranging ramifications. Here’s what to know

Beijing’s strategic bid to reduce prices is viewed as a commercial dispute, but Canberra could be drawn in if budget revenue takes a hit

The Guardian - AU

Is China’s reported ban on BHP a bluff, or a glimpse of the future?

Though they still haven’t been officially confirmed, reports China’s state-owned buyer told steelmakers to stop purchasing iron ore from Australian mining giant BHP have rattled both markets and Canberra.

The Conversation

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Queensland’s biggest coal-fired power station could close six years early

Crisafulli government wants coal plants to run longer – reversing previous Queensland Labor government’s plans to end reliance on coal power by 2035

The Guardian - AU

Push to shut coal plant early sparks political fight

One of Australia's largest and oldest coal-fired power stations could shut in less that four years after a surprise announcement from its owners.

AAP

Rio Tinto's New CEO Simplifies The Firm, Places Assets Under Review

Rio Tinto (NYSE:RIO) is undergoing a major restructure under a newly appointed CEO, Simon Trott, who took over the role on Monday. On Wednesday, he unveiled a radical simplification of the miner's operations into three core business units: iron ore, copper, and a combined aluminium–lithium group.

Benzinga

New Rio Tinto boss restructures mining firm’s operations

The Anglo-Australian company said it will review the future of two of its smaller divisions as a result.

Evening Standard

US backs Aust-led copper project despite tribe concerns

BHP and Rio Tinto want to mine one of the largest copper deposits in North America, if they can get a hoped-for transfer of federal forest land in Arizona.

AAP

US President meets BHP and Rio Tinto chiefs over Arizona copper mine

Executives of two of the world’s biggest mining companies, BHP and Rio Tinto, have lobbied at the White House as part of their long-running bid to develop a vast copper mine in the US.

Euronews

Union alarm as mining giant mulls sick leave overhaul

Proposed changes to the sick leave policy for thousands of Rio Tinto workers has sparked union concerns other employee entitlements will also be targeted.

AAP

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Benzinga

Rio Tinto Posts Weakest Half-Year Profit In Years

Rio Tinto (NYSE:RIO) reported its weakest half-year profit since 2020, as soft iron prices and weather-related disruptions in Western Australia weighed on results. The top global miner posted a 22% drop in net profit to $4.5 billion for the six months ended June 30, 2025. Underlying earnings declined 16% year-on-year…

AAP

Rio Tinto profits slip as prices weigh on performance

One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.

AAP

Australian shares gain as miners rise, banks fall

The ASX200 has gained 0.1 per cent as losses for the big retail banks were outweighed by gains for mining giants BHP, Rio Tinto and Fortescue.

Benzinga

Rio Tinto Names Iron Boss Simon Trott As New CEO

Rio Tinto (NYSE:RIO) appointed Simon Trott as its next Chief Executive Officer, effective August 25, 2025. Trott, currently the head of the multinational miner's iron ore division, will be the fourth leader within the last ten years.

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AAP

Global mining group taps Australian as new CEO

One of the world's largest mining companies, Rio Tinto, has promoted its Australian-based iron ore boss to become chief executive.

AAP

PM to walk diplomatic tightrope in crucial China visit

Business opportunities will rub up against security and ideological tensions as Prime Minister Anthony Albanese leads an Australian delegation to China.

Evening Standard

Miners help propel FTSE 100 to new record high

Mining stocks climbed after US President Donald Trump said he would enact a 50% copper tariff in August, sending copper prices higher.

Evening Standard

FTSE 100 jumps to new record high as investors shrug off tariff woes

The UK’s top stock index jumped by as much as 100 points, or 1.1%, to a new intraday record of 8,967.21 points.

Benzinga

Aluminerie Alouette to Invest $1.1 Billion in Major Canadian Aluminum Revamp

Aluminerie Alouette, Canada's largest aluminum smelter and a key supplier to the U.S. market, announced a CA$1.5 billion ($1.1 billion) investment in its northern Québec facilities. The firm, owned by a Rio Tinto (NYSE:RIO)-led consortium, is making this commitment despite growing pressure from U.S. tariffs and global trade uncertainty.

Evening Standard

Pound climbs and bond yields ease as PM backs Reeves

The FTSE 100 index closed up 48.51 points at 8,823.20.

Benzinga

Cramer Backs This Mining Giant After $1.6B Bet

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Rio Tinto (NYSE:RIO) has a big yield and recommended buying the stock. “I believe in the minerals. I think you're fine,” he added.

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