ASX:RIO 24 April 2026 - 18 May 2026

Fortescue slides with ASX mining stocks ahead of Tuesday open
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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
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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
Rio Tinto plc’s ERA Court Fight Puts Ranger Mine Cleanup Back in Focus
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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

Stock Market Today

  • UK Dairy Farms See Surge in ‘Battery Cow’ Intensive Farming Amid Cost Pressures
    May 26, 2026, 8:36 AM EDT. The UK has witnessed a more than doubling of intensive 'battery cow' dairy farms, which confine cows indoors year-round, rising to at least 180 units from 70 in 2015. The number of 'mega dairies' with over 700 cows also doubled to 40, driven by farmers facing soaring costs and selling milk below production cost, around 40p per litre. Despite environmental and welfare concerns linked to pollution, these large farms lack regulatory environmental permits. Major dairy processors like Arla, Müller, and Saputo profit amid struggling farmers. The trend reflects pressures on the dairy sector with calls for better oversight on factory-style production, concentrated mainly in regions like Devon, Cornwall, and Cheshire.