In a major update for investors and the stock market, Rio Tinto has revealed that its annual profits for 2025 fell by 14 percent compared with 2024. This sharp decline comes at a time of intense restructuring and strategic transition for one of the world’s largest mining companies. While sales revenue continued to grow and…
On January 8-9, 2026, mining giants Rio Tinto and Glencore confirmed they have restarted talks about joining forces. The discussions are early. No deal has been signed yet. If this move goes ahead, it could create the largest mining company in the world, with a combined value of more than $200 billion-$260 billion. Both firms…
Australia has announced a major plan to keep the Rio Tinto-controlled Tomago aluminium smelter running well beyond 2028 by arranging new long-term energy support and government collaboration. This decision marks a significant shift in national industrial policy and aims to secure thousands of jobs, protect key manufacturing capability, and ensure continued aluminium production in the…
Rio Tinto: Why the Shift on Lithium Matters Rio Tinto has signalled a major slowdown in its lithium strategy, stepping back from aggressive expansion plans as lithium prices fall and project costs rise. The mining giant is now reassessing its approach to battery-metal mining, especially for controversial projects and long-term investments. That shift marks a…
Rio Tinto is making a big change. The mining company is reducing sick leave for its Pilbara employees from 45 days annually to only 12 days. That’s a 73% drop. The news comes as the company looks to “align policies” across its iron ore sites in Western Australia. But it’s a move that’s raising eyebrows….
Big changes are happening at Rio Tinto. One of the world’s largest mining companies has just announced a major leadership shift. Simon Trott, the head of its iron ore division, has been named the new Chief Executive Officer. The new name at Rio Tinto. He has spent over 20 years with the company and has…