Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Rio Tinto Limited ( (AU:RIO) ) just unveiled an update.
Rio Tinto has reported a 13% year-on-year increase in copper equivalent production for the second quarter of 2025, driven by strong performance in its copper business and contributions from the Arcadium acquisition. The company achieved record production levels in its bauxite operations and significant progress in its Pilbara iron ore and Simandou projects. Rio Tinto’s strategic focus on growth and diversification is evident in its efforts to ramp up the Oyu Tolgoi copper mine and establish a world-class lithium business. The company’s operational success is expected to positively impact its market positioning and stakeholder value.
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 that focuses on finding, mining, and processing mineral resources. The company is known for its production of iron ore, copper, aluminum, and other minerals, with significant operations in Australia and North America. It is committed to sustainable development and aims to diversify its business portfolio.
Average Trading Volume: 1,554,145
Technical Sentiment Signal: Hold
Current Market Cap: A$156B
See more data about RIO stock on TipRanks’ Stock Analysis page.