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Rio Tinto Advances Pilbara Projects with New Investments and Partnerships

Story Highlights
  • Rio Tinto reported its total voting rights and issued capital on June 2, 2025.
  • Rio Tinto and Hancock Prospecting announced a $1.6 billion investment in the Hope Downs 2 project on June 24, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rio Tinto Advances Pilbara Projects with New Investments and Partnerships

Elevate Your Investing Strategy:

Rio Tinto Limited ( (AU:RIO) ) has provided an announcement.

In June 2025, Rio Tinto made several significant announcements impacting its operations and strategic positioning. On June 2, the company reported its total voting rights and issued capital, highlighting its dual-listed company structure with Rio Tinto plc. On June 6, Rio Tinto and Baowu opened the Western Range iron ore mine in collaboration with Yinhawangka Traditional Owners, marking a substantial development in the Pilbara region. Additionally, on June 24, Rio Tinto and Hancock Prospecting committed to a $1.6 billion investment in the Hope Downs 2 project, further strengthening their presence in Western Australia’s Pilbara.

The most recent analyst rating on (AU:RIO) stock is a Buy with a A$120.00 price target. To see the full list of analyst forecasts on Rio Tinto Limited stock, see the AU:RIO Stock Forecast page.

More about Rio Tinto Limited

Rio Tinto Limited is a leading global mining group, primarily engaged in the exploration, mining, and processing of mineral resources. The company focuses on the production of iron ore, aluminum, copper, and diamonds, with significant operations in Australia and North America.

Average Trading Volume: 1,635,622

Technical Sentiment Signal: Hold

Current Market Cap: A$153.2B

For an in-depth examination of RIO stock, go to TipRanks’ Overview page.

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