TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Rio Tinto Limited ( (AU:RIO) ) just unveiled an update.
On November 1, 2025, Rio Tinto and Canada Growth Fund announced a transaction to enhance the production of scandium oxide at Rio Tinto’s facility in Sorel-Tracy, Québec. This initiative, supported by a C$25 million investment from the Canada Growth Fund, aims to expand the facility’s capacity and strengthen North America’s critical minerals supply chain. The project is significant for its innovative approach to extracting scandium from waste streams, minimizing environmental impact, and supporting the growing demand for high-performance materials in industries moving towards electrification and carbon neutrality.
The most recent analyst rating on (AU:RIO) stock is a Hold with a A$110.00 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 that focuses on finding, mining, and processing mineral resources. The company is known for its production of essential materials such as iron ore, aluminum, copper, diamonds, and titanium, with a strong emphasis on sustainable and innovative practices.
YTD Price Performance: 18.58%
Average Trading Volume: 1,326,644
Technical Sentiment Signal: Buy
Current Market Cap: A$186.4B
See more insights into RIO stock on TipRanks’ Stock Analysis page.