ASX:RIO 24 April 2026 - 9 June 2026

ASX 200 Holds Up on June 10 as Miners Slip
··

ASX 200 ends up nearly 2% in Sydney as miners, banks rise before RBA call

The S&P/ASX 200 surged 1.98% to close at 8,804.00 on Friday, led by a 3.7% jump in materials stocks as BHP rose 3.5% and Rio Tinto 2.4%. Oil prices dropped 2.2% to $US88.37 a barrel, fueling risk buying. Investors await the Reserve Bank of Australia’s June 16 rate decision, with the cash rate at 4.35%. The index remains below its 52-week high of 9,200.90.
June 12, 2026
ASX 200 Holds Up on June 10 as Miners Slip
···

ASX 200 Holds Up on June 10 as Miners Slip

Australian shares fell for a third straight session Tuesday, with the S&P/ASX 200 closing down 0.24% at 8,604.20 as miners dropped and defensive stocks limited losses. BHP, Rio Tinto, and Fortescue slipped alongside iron ore prices, while Woolworths and CSL gained. Market breadth was weak, with 798 decliners and 402 advancers. Consumer sentiment fell 2.9% in June, while business confidence improved slightly but remained negative.
June 9, 2026
South32 stock gets Citi’s copper boost — Tuesday’s open could decide the trade
···

South32 stock gets Citi’s copper boost — Tuesday’s open could decide the trade

Citi named South32 its preferred mining stock, lifting its London target price to 320 pence, after raising long-term copper forecasts. South32 shares last closed at A$4.63, down 2.5% on Friday, as the ASX materials sector fell 2.31%. The ASX was closed Monday for the King’s Birthday, leaving investors to digest two days of global moves. Copper settled at $13,731 a tonne on June 5.
June 9, 2026
ASX Opens as Banks, Miners and Oil on Radar for Next Moves
·········

ASX Opens as Banks, Miners and Oil on Radar for Next Moves

The S&P/ASX 200 fell 0.7% to 8,625.10 on Friday, with BHP, Rio Tinto, and Fortescue all down as iron ore futures dropped for a fourth week. The market was closed Monday for the King’s Birthday holiday and is set for a cautious open Tuesday. Oil prices stayed high, while U.S. tech stocks rebounded during Australia’s break. The RBA cash rate remains at 4.35% ahead of the June 16 decision.
June 8, 2026
BHP to Resume Trading Following Iron Ore Drop
······

BHP to Resume Trading Following Iron Ore Drop

BHP shares last traded at A$61.24 on the ASX, down 2.48% before the King’s Birthday market closure. U.S.-listed BHP ADRs rose 2.03% to $84.40 by early Tuesday AEST. Iron ore prices fell for a fourth week, closing at $101.96 a tonne, pressuring BHP, Rio Tinto, and Fortescue. The S&P/ASX 200 dropped to 8,625.10 on Friday, led by declines in miners and banks.
June 8, 2026
ASX Shut Monday for Holiday, Eyes Turn to Coming Week
···

ASX Shut Monday for Holiday, Eyes Turn to Coming Week

The S&P/ASX 200 closed at 8,625.10 on Friday, down 0.70% for the day and 1.2% for the week. The ASX cash market is shut Monday for the King’s Birthday holiday, with trading set to resume Tuesday. Iron ore futures in Singapore dropped to $100.85 a tonne, the lowest since March. Investors are watching RBA rate moves and new economic data this week.
June 7, 2026
ASX Faces Volatile Tuesday Reopen After Long Weekend as Banks and Miners Watch Wall Street
········

ASX Faces Volatile Tuesday Reopen After Long Weekend as Banks and Miners Watch Wall Street

The S&P/ASX 200 fell 0.7% to 8,625.10 on Friday, closing the week down 1.2% as banks and miners dragged the index lower. BHP, Rio Tinto, and Fortescue all declined alongside iron ore futures, while healthcare stocks rose. ASX trading resumes Tuesday after the King’s Birthday holiday. Megaport announced four AI infrastructure deals worth A$458.9 million and an A$827.3 million equity raising.
June 6, 2026
Fortescue slides with ASX mining stocks ahead of Tuesday open
·······

Fortescue slides with ASX mining stocks ahead of Tuesday open

Fortescue Ltd shares dropped nearly 3% to A$21.95 on Monday amid a broad selloff in Australian miners, pulling the S&P/ASX 200 to a seven-week low. BHP and Rio Tinto also fell, down 2.8% and 3.6% respectively. Brent crude traded above $110 a barrel, while Singapore iron ore slipped 0.3%. Fortescue’s only new filing showed State Street Corporation holding 5.02% of its shares.
May 18, 2026
South32 drops 5%, Alaska project lifts copper outlook but cost concerns remain
········

South32 drops 5%, Alaska project lifts copper outlook but cost concerns remain

South32 closed Friday at A$4.21, down 5.18%, ahead of Monday’s Australian session. The company faces higher capital costs at its Hermosa project in Arizona, now estimated at $3.3 billion, with first output delayed to late 2028. The Arctic Project in Alaska, a joint venture with Trilogy Metals, gained U.S. FAST-41 permitting status last week. Broader metals and mining shares also fell Friday amid weaker copper and gold prices.
May 17, 2026
ASX Preview: RBA Minutes and Oil Move in Focus for Banks, Miners
···········

ASX Preview: RBA Minutes and Oil Move in Focus for Banks, Miners

The S&P/ASX 200 fell 1.3% last week, closing Friday at 8,630.8, as mining stocks dropped and investors awaited Tuesday’s Reserve Bank of Australia minutes. Inflation outpaced wages, with the consumer price index up 4.6% year-on-year to March and wages rising 3.3%. The RBA raised its cash rate to 4.35% in May. Commonwealth Bank shares plunged 10.43% Wednesday after setting aside more for Middle East risks.
May 17, 2026
Australia Stock Market Today: Why the ASX 200 Slipped as Miners Sank and Banks Bounced
··········

Australia Stock Market Today: Why the ASX 200 Slipped as Miners Sank and Banks Bounced

The S&P/ASX 200 closed down 9.9 points at 8,630.8 on Friday, falling 1.3% for the week as mining stocks dropped with weaker metals prices. BHP lost 2.6%, Rio Tinto 3.2%, and Fortescue 1.7%. Nine of 11 sectors rose, but materials fell 2.85%. Rate markets still expect an RBA pause in June, though inflation and oil remain key risks.
May 15, 2026
Rio Tinto’s New BP Hire Lands as Copper Boom Raises Stakes for the Miner
·····

Rio Tinto’s New BP Hire Lands as Copper Boom Raises Stakes for the Miner

Rio Tinto named Trudi Charles, a BP veteran, as chief legal officer, effective Aug. 1, according to a regulatory notice. The appointment comes as Rio Tinto stock hit a 52-week high, closing at £82.72, up 4.44%. Copper prices have surged to record highs amid supply disruptions and rising demand from AI and clean energy sectors. Rio expects copper output to rise 13% by 2030, led by projects in Mongolia and the U.S.
May 14, 2026
Rio Tinto plc’s ERA Court Fight Puts Ranger Mine Cleanup Back in Focus
······

Rio Tinto plc’s ERA Court Fight Puts Ranger Mine Cleanup Back in Focus

A Federal Court decision is pending on Rio Tinto’s attempt to compulsorily acquire the remaining shares of Energy Resources of Australia, after 123 shareholders filed objections above the legal threshold. ERA spent $47 million on Ranger uranium mine rehabilitation in the March quarter, with Pit 3 capping work delayed by weather and permit issues. ERA reported $211.5 million in cash at March 31.
April 24, 2026