Rio Tinto (RIO) news
Recent news
Rio Tinto PLC: UBS cuts target price to 7300p from 7400p
UBS has revised its target price for Rio Tinto PLC (RIO), reducing it to 7300p from the previous 7400p. The adjustment reflects the firm’s ongoing evaluation of the mining giant’s performance and market conditions. While the change is relatively modest, it signals a cautious outlook from the…
AInvest Wire · 13h agoIron ore drops below $90 a ton for first time since 2024
Iron ore prices have fallen below $90 per ton for the first time since early 2024, reflecting a broader slowdown in demand and increased supply pressures in the global market. The Northern China import price for 62% Fe content ore dropped to $64.60 per dry metric ton in recent trading sessions,…
AInvest Wire · 20h agoBHP Escondida workers approve wage deal in Chile, DF reports
Workers at BHP’s Escondida copper mine in Chile have approved a new wage agreement, averting the threat of a potential strike that had raised concerns over global copper supply disruptions. The union at the world’s largest copper mine reached the deal with BHP on Sunday, following earlier tensions…
AInvest Wire · 1d agoRio Tinto: JP Morgan cuts target price to 7950p from 8100p
JP Morgan has revised its target price for Rio Tinto (LON: RIO), reducing it to 7950p from the previous 8100p. The adjustment reflects ongoing assessments of market conditions and the company’s performance amid evolving economic and industry dynamics. Analysts at JP Morgan remain bullish on the…
AInvest Wire · 1d agoGlencore CDIS start Australia trading at A$11.44
Glencore’s CHESS Depositary Interests (CDIs) began trading on the Australian Securities Exchange (ASX) on October 14, 2026, at an initial price of A$11.44 per CDI. The secondary listing, which had been announced in August 2026, allows Australian investors to trade Glencore shares locally without…
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