The Latest Breaking News from Rio Tinto

Copper prices declined around 20% Wednesday.

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…

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

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

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.

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.

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

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

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.