Rio Tinto Group (RIO) News

Rio Tinto delivered a robust operational performance, marked by strong copper equivalent production increases and record-setting bauxite output. While Pilbara iron ore operations faced significant weather disruptions, exceptional growth in the copper and aluminum segments successfully offset these headwinds. The company remains committed to strict capital discipline, advancing its massive greenfield projects, and releasing value from non-core assets to support high shareholder returns.

Rio Tinto and global venture builder Founders Factory have selected six startups from over five hundred applicants to accelerate technology development across the mining sector. The strategic investments target persistent industry challenges, focusing on deploying artificial intelligence and spatial data to enhance the exploration and processing of critical minerals.