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The Latest Breaking News from Rio Tinto

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

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

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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

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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

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…

Benzinga

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.

AAP

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.

Benzinga

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

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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.

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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.

The Guardian - AU

Bougainville fought a war to shut down Panguna mine. Now it wants to reopen it

The reviled foreign project could be key to Bougainville’s prosperity in independence. But some say the island risks repeating the mistakes of the past

AAP

Mining sector surges but Australia shares lose ground

The mining sector rose 2.3 per cent in its best day in 11 weeks but overall the ASX dipped, while the Australian dollar climbed to a seven-month high.

Benzinga

Rio Tinto, Hancock Invest $1.6 Billion In Hope Downs 2 Expansion

Rio Tinto (NYSE:RIO) and Hancock Prospecting have announced on Tuesday a joint investment of $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region. A 50-50 investment will drive a significant expansion of the long-standing Hope Downs Joint Venture between the two companies.

AAP

Rio Tinto, Hancock to develop $2.5b iron ore project

A joint venture between Rio Tinto and Hancock Prospecting has been given approval for an iron ore project to add 31 million tonnes to global supply each year.

AAP

Australian shares rally on Iran-Israel ceasefire deal

The ASX energy sector fell 3.9 per cent as oil prices plunged on word of a truce in the Middle East but most other sectors finished higher.

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