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Rio Tinto Limited ( (AU:RIO) ) has provided an update.
In October 2025, Rio Tinto announced several key developments, including a $733 million investment in the Robe River Joint Venture to extend the West Angelas iron ore mine in Western Australia. This investment is expected to enhance the company’s operational capabilities and strengthen its position in the iron ore market. Additionally, Rio Tinto launched a battery swap truck trial fleet at the Oyu Tolgoi mine in collaboration with China’s State Power Investment Corporation, highlighting its commitment to sustainable mining practices.
The most recent analyst rating on (AU:RIO) stock is a Hold with a A$129.50 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 primarily involved in the production of iron ore, aluminum, copper, diamonds, gold, and industrial minerals, with a significant presence in Australia and North America.
YTD Price Performance: 19.11%
Average Trading Volume: 1,420,039
Technical Sentiment Signal: Buy
Current Market Cap: A$187.3B
Learn more about RIO stock on TipRanks’ Stock Analysis page.