ASX:RIO 24 April 2026 - 7 June 2026

Rio Tinto (LON:RIO) steadies in London while lower-grade iron ore rivals take hit

Rio Tinto drops as iron ore covers up Simandou, lithium move

Rio Tinto plc dropped Tuesday as the FTSE 100 pushed higher, with the miner trading near the lower end of its book ahead of next week’s production report. The London Stock Exchange was open for its normal 8:00 a.m. to 4:30 p.m. BST hours as of 10:05 BST. Delayed numbers from Hargreaves Lansdown showed Rio off 127p, or 1.81%, at 6,909/6,910p. The moves looked like an iron ore story. Rio Tinto Ltd dropped 0.9% in Sydney trading, with the Aussie miners index weaker by 0.7%. Iron ore was at $98.30 a tonne on July 6, according to Trading Economics, down 2.72% in a month. Reuters global markets had copper at $13,326 a tonne late Tuesday, off 0.58%.
July 7, 2026
ASX Shut Monday for Holiday, Eyes Turn to Coming Week

ASX Shut Monday for Holiday, Eyes Turn to Coming Week

ASX trading is closed Monday for the King’s Birthday holiday, so Australian shares will start the week on a delay, with attention turning to Tuesday when cash trading picks up and the market has to react to a heavy Wall Street drop. The S&P/ASX 200, the main local index, fell last week as banks and miners slipped. The calendar sets the tone as local investors start a four-day trading week. Global rate jitters are back in play, iron ore is slipping, and the Reserve Bank of Australia keeps saying inflation hasn’t cooled enough.
June 7, 2026
Fortescue Ltd’s $150 Million Native Title Payout May Not End the Yindjibarndi Fight

Fortescue Stock’s Long-Weekend Problem: Iron Ore Is Slipping, China Talks Are Tightening

Fortescue Ltd heads into an ASX holiday pause after a bruising week, with its shares last quoted at A$20.53, down 2.33% on Friday and almost 8% below their close seven days earlier. The move left FMG sitting near the low end of Friday’s trading range, after opening at A$20.82 and touching A$20.32. The timing matters. The Australian Securities Exchange’s cash market is closed on Monday for the King’s Birthday holiday, so investors will not get a fresh local price until Tuesday, after another stretch of offshore iron ore trading and any China demand signals.
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

Australian stocks ended lower ahead of the long weekend, as the S&P/ASX 200 dropped for the week—its first weekly decline in three weeks. Banks and miners weighed the index down on Friday. The index gave up 61 points, or 0.7%, settling at 8,625.10. That put losses for the week at 1.2%. Share trading on the ASX stays closed Monday for the King’s Birthday holiday. The next local session is set for Tuesday.
June 6, 2026
ASX 200 Bounces After Hitting Seven-Week Low; RBA Minutes Spur June Pause Talk

ASX 200 Bounces After Hitting Seven-Week Low; RBA Minutes Spur June Pause Talk

Australian shares clawed back from a seven-week low on Tuesday. Banks and consumer staples were among the main gainers after minutes from the Reserve Bank of Australia hinted officials could hold off on another rate hike. The move caught attention after Monday’s drop left the market shaky. The S&P/ASX 200, which tracks 200 top ASX stocks, is seen as the main barometer for Australia’s investable equities.
May 19, 2026
Fortescue slides with ASX mining stocks ahead of Tuesday open

Fortescue slides with ASX mining stocks ahead of Tuesday open

Fortescue Ltd shares ended down almost 3% on Monday, dragged lower with other Australian miners as concerns about inflation and softer resource stocks put pressure on the S&P/ASX 200. The benchmark index slumped to a seven-week low, losing 1.45% to 8,505.3. Fortescue settled at A$21.95, off its previous A$22.60 close. BHP shares lost 2.8% to end at A$58.77 and Rio Tinto slipped 3.63% to A$179.01, showing the weakness was not just about Fortescue. The sector took a broad hit, with pressure going well beyond a single Fortescue filing or mine update.
May 18, 2026
BHP Dips After Hitting Record, ASX Miners Retreat

BHP Dips After Hitting Record, ASX Miners Retreat

BHP Group shares dropped 2.8% to A$58.77 on Monday in Australia, retracing some of the copper-fueled gains that recently pushed the miner to all-time highs. Rio Tinto and Fortescue shares also slipped. The move hit the sector, not just BHP. BHP hit A$60 for the first time and took back the top spot in Australia, riding on record copper prices and iron ore staying solid. Monday’s drop didn’t change that, but it did make the trade look a bit less certain.
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 Ltd closed out Friday at A$4.21, falling 5.18%. That’s still ahead of the previous week’s A$4.14 finish. As of early Monday, the stock was yet to begin normal trading on the Australian Securities Exchange, with the market set to open at 09:59:45 Sydney time. South32 is getting tugged two ways right now. The stock covers a mix of metals—alumina, aluminium, copper, manganese, zinc, silver, lead—so shifts in industrial metals, changes in project costs, or new permitting can all swing how the market values it.
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

ASX 200 faces fresh rate nerves after falling 1.3% last week. Investors are fixing on the Reserve Bank of Australia’s policy minutes out Tuesday at 11:30 a.m. AEST. Inflation is outpacing wage growth again. The consumer price index jumped 4.6% in the year to March, according to the Australian Bureau of Statistics, while wages increased 3.3% over the same period. That leaves parts of the market that are exposed to interest rates with less room for disappointment.
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

May 16, 2026, Sydney—03:07 AEST. Australian stocks slipped into the red by Friday’s close, erasing earlier gains as miners slumped. The S&P/ASX 200 finished down 9.9 points, or 0.1%, at 8,630.8. Banks and tech names managed to bounce, but it wasn’t enough—mining losses dominated, dragging the index to a 1.3% drop for the week.
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 plc on Thursday tapped Trudi Charles, a longtime BP executive, as chief legal officer, governance and corporate affairs. The mining group, pushing further into copper and eyeing the critical minerals surge, slots Charles into a key risk and compliance seat. According to a regulatory notice, the news hit the ASX and LSE at 07:30 BST, with Charles due to start on Aug. 1. The title isn’t really the story here. Shares of Rio Tinto ended Wednesday at £82.72, up 4.44%—hitting a fresh 52-week high—as the FTSE 100 added 0.58%. That kind of rally is making even routine executive moves stand out more.
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

Energy Resources of Australia said Friday that Rio Tinto’s push to buy out minority shareholders is still with the Federal Court, keeping legal uncertainty hanging over the shuttered Ranger uranium mine in the Northern Territory. The proposed compulsory acquisition—Rio’s attempt to squeeze out the last holdouts—hit a hurdle after objections surpassed the legal threshold, so court sign-off is still pending. Investors are watching closely as Rio pushes to boost production and hold costs in check, all while managing its aging assets. Earlier this week, the company posted a 9% increase in copper-equivalent output from a year earlier—this metric translates all commodity production into copper terms—and left its main 2026 guidance where it was.
April 24, 2026