Rio Tinto Plc

In trading on Tuesday, shares of Rio Tinto plc (Symbol: RIO) crossed above their 200 day moving average of $65.99, changing hands as high as $66.16 per share. Rio Tinto plc shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of RIO shares, versus its 200 day moving average:
Looking at the chart above, RIO's low point in its 52 week range is $50.92 per share, with $84.69 as the 52 week high point — that compares with a last trade of $65.69.
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Bullish Two Hundred Day Moving Average Cross - RIO

(RTTNews) - Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) reported that its Pilbara iron ore shipments (100% basis) for the second quarter of 2025 was 79.9 million tons, down 1% from the prior year. But quarterly Pilbara iron ore production (100% basis) was 83.7 million tons, up 5% from the previous year.
Bauxite production for the second quarter was 15.6 million tons, up 6% from the same quarter last year. Aluminium production was 0.84 million tons, up 2% from the previous year.
The company continue to expect Pilbara iron ore shipments for 2025 to be at the lower end of guidance range of 323 million tonnes - 338 million tonnes due to the losses sustained from the four cyclones in the first quarter.
Annual Bauxite production is expected to be at the higher end of the prior guidance range. Annual Copper production is expected to be at the higher end of guidance due to continued successful ramp up of Oyu Tolgoi underground mine and good performance at Escondida.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Rio Tinto Q2 Pilbara Iron Ore Shipments Down 1%; Reaffirms FY25 Pilbara Iron Ore Shipments Outlook

The S&P 500 Index ($SPX) (SPY) on Thursday closed up +0.80%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.94%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.94%. September E-mini S&P futures (ESU25) rose +0.75%, and September E-mini Nasdaq futures (NQU25) rose +0.92%.
Stock indexes rallied on Thursday, with the S&P 500 posting a 4-month high, the Dow Jones Industrials posting a 3-3/4 month high, and the Nasdaq 100 posting a new all-time high. Strength in chip makers boosted the broader market. Stocks also saw support from Thursday's news of stronger-than-expected initial claims, core capital goods orders, and pending home sales reports.
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Equity prices mainly received support as the 10-year T-note yield fell to a two-month low on a Wall Street Journal report that President Trump may announce the replacement of Fed Chair Powell as early as September, an unusually early appointment. That reinforced expectations of a more dovish-leaning Fed, following Mr. Trump's criticism of Powell for holding interest rates steady. Because Powell's term expires in May 2026, announcing a new Fed Chair far earlier than the traditional 3-4 month transition period could allow the chair-in-waiting to dovishly influence expectations about the likely path for interest rates.
On the negative side for stocks was Thursday's news of an unexpected downward revision to Q1 GDP. Also, the May trade deficit was wider than expected, a negative factor for Q2 GDP.
US weekly initial unemployment claims fell -7,000 to 236,000, showing a stronger labor market than expectations of 243,000. However, weekly continuing claims rose +37,000 to a 3-1/2 year high of 1.974 million, above expectations of 1.950 million, signaling more people are staying out of work for longer.
US Q1 GDP was revised lower to -0.5% (q/q annualized), weaker than expectations of no change at -0.2% as Q1 personal consumption was revised downward to 0.5% from 1.2%. The Q1 core PCE price index was revised higher to +3.5% (q/q annualized), stronger than expectations of no change at +3.4%.
US May capital goods new orders nondefense ex-aircraft rose +1.7% m/m, stronger than expectations of +0.1% m/m and the largest increase in 4 months.
The US May trade deficit of -$96.6 billion was wider than expectations of -$86.1 billion, a negative factor for Q2 GDP.
US May pending home sales rose +1.8% m/m, stronger than expectations of +0.1% m/m.
Richmond Fed President Barkin said he expects tariffs to put upward pressure on prices, and with so much still uncertain, he favors waiting for more clarity before adjusting interest rates.
San Francisco Fed President Daly said she is seeing increased evidence that tariffs may not lead to a large or sustained inflation surge, which supports her view that the Fed could begin cutting interest rates again in the fall.
The markets this week will watch to see if the ceasefire holds between Israel and Iran. Also, any new tariff news or trade deals will be scrutinized. Friday brings May personal spending (expected +0.1% m/m) and May personal income (expected +0.3% m/m). Also on Friday, the May core PCE price index, the Fed's preferred price gauge, is expected to rise by +0.1% m/m and +2.6% y/y. Finally, Friday's June University of Michigan US consumer sentiment index is expected to be revised lower by -0.2 points to 60.3.
Federal funds futures prices are discounting the chances at 21% for a -25 bp rate cut at the July 29-30 FOMC meeting.
Overseas stock markets closed mixed on Thursday. The Euro Stoxx 50 closed down -0.15%. China's Shanghai Composite fell from a 6-1/4 month high and closed down -0.22%. Japan's Nikkei Stock 225 rallied to a 4-3/4 month high and closed up +1.65%.
Interest Rates
September 10-year T-notes (ZNU25) on Thursday rose by +12.5 ticks and posted a 2-month high. The 10-year T-note yield fell -5.1 bp to 4.240% and posted a new 2-month low.
T-note prices moved higher on a Wall Street Journal report that President Trump is considering naming the successor to Fed Chair Powell as early as September, well before his term expires next May, making him a lame duck and spurring speculation that interest rates could eventually fall faster than markets are currently pricing. T-notes also found support after Q1 GDP was revised lower.
Limiting gains in T-notes was stronger-than-expected initial claims, core capital goods orders, and pending home sales reports. Also, the upward revision to the Q1 core PCE price index was bearish for T-notes. In addition, hawkish comments from Richmond Fed President Barkin weighed on T-notes when he said he favors waiting for more clarity before adjusting interest rates. Supply pressures were negative for T-notes as the Treasury auctioned $44 billion of 7-year T-notes.
European government bond yields ended mixed. The 10-year German bund yield rose +0.4 bp to 2.569%. The 10-year UK gilt yield fell -0.9 bp to 4.472%.
The German Jun GfK consumer confidence index unexpectedly fell -0.3 to -20.3, weaker than expectations of an increase to -19.2.
Swaps are discounting the chances at 9% for a -25 bp rate cut by the ECB at the July 24 policy meeting.
US Stock Movers
Strength in chip makers boosted technology stocks and the overall market. Marvel Technology (MRVL) rallied more than +5% to lead gainers in the Nasdaq 100. Broadcom (AVGO) closed up more than +2%. Qualcomm (QCOM), Intel (INTC), Analog Devices (ADI), and KLA Corp (KLAC) all closed up more than +1%.
Micron Technology (MU) initially rallied after reporting stronger-than-expected Q3 EPS and giving an upbeat forecast for the current quarter, driven by demand for artificial intelligence equipment. However, Micron fell back and closed the day down about -1%.
Managed healthcare stocks moved higher. Cigna Group (CI) closed up more than +4%. CVS Health (CVS) closed up more than +2%. Universal Health Services (UHS) and HCA Healthcare (HCA) closed up nearly +1%.
Copper mining stocks showed strength, with COMEX copper prices posting a new 2-3/4 month high and closing up +2.55%. Southern Copper (SCCO) closed up more than +7%, Freeport McMoRan (FCX) closed up more than +6%, and Rio Tinto Plc (RIO) closed up more than +3%.
McCormick & Co (MKC) rallied more than +5% after reporting Q2 EPS of 69 cents, better than the consensus of 66 cents, and forecasting full-year adjusted EPS of $3.03-$3.08, above the consensus of $3.02.
Sandisk Corp (SNDK) closed up +0.40% after Citigroup initiated coverage of the stock with a buy recommendation and a price target of $57.
Truist Financial Corp (TFC) closed up more than +2% after Citigroup upgraded the stock to buy from neutral with a price target of $55.
Equinix Inc (EQIX) fell more than -9% to lead losers in the S&P 500 after BMO Capital Markets downgraded the stock to market perform from outperform.
Unity Software (U) fell more than -3% after Bank of America Global Research initiated coverage of the stock with a recommendation of underperform and a price target of $15.
Trade Desk (TTD) fell more than -2% to lead losers in the Nasdaq 100 after Wells Fargo Securities downgraded the stock to equal weight from overweight.
Kratos Defense & Security Solutions (KTOS) fell more than -2% after announcing it intends to sell $500 million of shares of its common stock in an underwritten offering.
Jeffries Financial Group (JEF) rose +0.30% despite reporting Q2 EPS of 40 cents, weaker than the consensus of 44 cents.
Earnings Reports (6/27/2025)
Apogee Enterprises Inc (APOG) and Immersion Corp (IMMR).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Nasdaq 100 Index Rallies to Record High on Speculation of Earlier Interest Rate Cuts

The S&P 500 Index ($SPX) (SPY) today is up +0.62%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.71%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.58%. September E-mini S&P futures (ESU25) are up +0.55%, and September E-mini Nasdaq futures (NQU25) are up +0.57%.
Stock indexes are climbing, with the S&P 500 posting a 4-month high, the Dow Jones Industrials climbing to a 3-3/4 month high, and the Nasdaq 100 posting a new all-time high. Strength in chip makers is boosting the broader market today after Micron Technology reported stronger-than-expected Q3 EPS and gave an upbeat forecast for the current quarter, driven by demand for artificial intelligence equipment. Stocks also saw support from today's news of a larger-than-expected drop in weekly initial jobless claims, a larger-than-expected increase in May core capital goods orders, and stronger-than-expected May pending home sales.
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On the negative side for stocks was today's news of an unexpected downward revision to Q1 GDP. Also, the May trade deficit was wider than expected, a negative factor for Q2 GDP.
Lower bond yields are supporting equity prices as the 10-year T-note yield fell to a 7-week low on speculation that Fed rate cuts could come sooner than expected. The 10-year T-note yield fell to a 7-week low today of 4.25% following a report from the Wall Street Journal that said President Trump may announce Fed Chair Powell's replacement a soon as September, an unusually early appointment. That reinforced expectations of a more dovish leaning Fed, after Trump criticized Powell for holding interest rates steady. Because Powell's term expires in May 2026, announcing a new Fed chair far earlier than the traditional 3-4 month transition period could allow the chair-in-waiting to influence expectations about the likely path for interest rates.
US weekly initial unemployment claims fell -7,000 to 236,000, showing a stronger labor market than expectations of 243,000. However, weekly continuing claims rose +37,000 to a 3-1/2 year high of 1.974 million, above expectations of 1.950 million, signaling more people are staying out of work for longer.
US Q1 GDP was revised lower to -0.5% (q/q annualized), weaker than expectations of no change at -0.2% as Q1 personal consumption was revised downward to 0.5% from 1.2%. The Q1 core PCE price index was revised higher to +3.5% (q/q annualized), stronger than expectations of no change at +3.4%.
US May capital goods new orders nondefense ex-aircraft rose +1.7% m/m, stronger than expectations of +0.1% m/m and the largest increase in 4 months.
The US May trade deficit of -$96.6 billion was wider than expectations of -$86.1 billion, a negative factor for Q2 GDP.
US May pending home sales rose +1.8% m/m, stronger than expectations of +0.1% m/m.
Richmond Fed President Barkin said he expects tariffs to put upward pressure on prices, and with so much still uncertain, he favors waiting for more clarity before adjusting interest rates.
San Francisco Fed President Daly said she is seeing increased evidence that tariffs may not lead to a large or sustained inflation surge, which supports her view that the Fed could begin cutting interest rates again in the fall.
The markets this week will watch to see if the ceasefire holds between Israel and Iran. Also, any new tariff news or trade deals will be scrutinized. Friday brings May personal spending (expected +0.1% m/m) and May personal income (expected +0.3% m/m). Also on Friday, the May core PCE price index, the Fed's preferred price gauge, is expected to rise by +0.1% m/m and +2.6% y/y. Finally, Friday's June University of Michigan US consumer sentiment index is expected to be revised lower by -0.2 points to 60.3.
The markets are discounting the chances at 25% for a -25 bp rate cut at the July 29-30 FOMC meeting.
Overseas stock markets today are mixed. The Euro Stoxx 50 is down -0.04%. China's Shanghai Composite fell from a 6-1/4 month high and closed down -0.22%. Japan's Nikkei Stock 225 rallied to a 4-3/4 month high and closed up +1.65%.
Interest Rates
September 10-year T-notes (ZNU25) today are up +7 ticks. The 10-year T-note yield is down -0.8 bp to 4.283%. Sep T-notes today climbed to an 8-week high, and the 10-year T-note yield fell to a 7-week low of 4.253%. T-notes are moving higher today on a Wall Street Journal report that said President Trump is considering naming the successor to Fed Chair Powell as early as September, well before his term expires next May, making him a lame duck and spurring speculation that interest rates could eventually fall faster than markets are currently pricing. T-notes also found support after Q1 GDP was revised lower.
Limiting gains in T-notes was today's stronger-than-expected economic news, which included initial unemployment claims, core capital goods orders, and pending home sales. Also, the upward revision to the Q1 core PCE price index was bearish for T-notes. In addition, hawkish comments from Richmond Fed President Barkin weighed on T-notes when he said he favors waiting for more clarity before adjusting interest rates. Supply pressures are negative for T-notes as the Treasury will auction $44 billion of 7-year T-notes later today.
European government bond yields today are mixed. The 10-year German bund yield is up +0.4 bp to 2.569%. The 10-year UK gilt yield is down -0.7 bp to 4.474%.
The German Jun GfK consumer confidence index unexpectedly fell -0.3 to -20.3, weaker than expectations of an increase to -19.2.
Swaps are discounting the chances at 9% for a -25 bp rate cut by the ECB at the July 24 policy meeting.
US Stock Movers
Strength in chip makers is boosting technology stocks and the overall market. Marvel Technology (MRVL) is up more than +5% to lead gainers in the Nasdaq 100. Also, Analog Devices (ADI), NXP Semiconductors NV (NXPI), Broadcom (AVGO), KLA Corp (KLAC), Qualcomm (QCOM), and ARM Holdings Plc (ARM) are up more than +1%.
Managed healthcare stocks are moving higher today. Cigna Group (CI) is up more than +4% and Universal Health Services (UHS) is up more than +3%. Also, HCA Healthcare (HCA), CVS Health (CVS), Centene (CNC), and Molina Healthcare (MOH) are up more than +2%. In addition, Humana (HUM) is up more than +1%.
Copper mining stocks are climbing today with the price of COMEX copper up more than +3% at a 2-3/4 month high. Freeport McMoRan (FCX) is up more than +7%, Southern Copper (SCCO) is up more than +6%, and Rio Tinto Plc (RIO) is up more than +3%.
McCormick & Co (MKC) is up more than +4% after reporting Q2 EPS of 69 cents, better than the consensus of 66 cents, and forecasting full-year adjusted EPS of $3.03-$3.08, above the consensus of $3.02.
Sandisk Corp (SNDK) is up more than +2% after Citigroup initiated coverage of the stock with a buy recommendation and a price target of $57.
Truist Financial Corp (TFC) is up nearly +2% after Citigroup upgraded the stock to buy from neutral with a price target of $55.
Equinix Inc (EQIX) is down more than -8% to lead losers in the S&P 500 after BMO Capital Markets downgraded the stock to market perform from outperform.
Unity Software (U) is down more than -4% after Bank of America Global Research initiated coverage of the stock with a recommendation of underperform and a price target of $15.
Trade Desk (TTD) is down more than -2% to lead losers in the Nasdaq 100 after Wells Fargo Securities downgraded the stock to equal weight from overweight.
Kratos Defense & Security Solutions (KTOS) is down more than -3% after announcing it intends to sell $500 million of shares of its common stock in an underwritten offering.
Jeffries Financial Group (JEF) is down more than -2% after reporting Q2 EPS of 40 cents, weaker than the consensus of 44 cents.
Earnings Reports (6/26/2025)
Acuity Inc (AYI), Concentrix Corp (CNXC), McCormick & Co Inc/MD (MKC), NIKE Inc (NKE), Walgreens Boots Alliance Inc (WBA).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Supported by Lower Bond Yields and Speculation of Earlier Rate Cuts

The S&P 500 Index ($SPX) (SPY) today is up +0.35%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.18%. September E-mini S&P futures (ESU25) are up +0.25%, and September E-mini Nasdaq futures (NQU25) are up +0.13%.
Stock indexes are climbing, with the S&P 500 posting a 4-month high, the Dow Jones Industrials climbing to a 3-3/4 month high, and the Nasdaq 100 posting a new all-time high. Strength in chip makers is boosting the broader market today after Micron Technology reported stronger-than-expected Q3 EPS and gave an upbeat forecast for the current quarter, driven by demand for artificial intelligence equipment. Stocks saw support from today's news of a larger-than-expected drop in weekly jobless claims and a larger-than-expected increase in May core capital goods orders.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
On the negative side for stocks was today's news of an unexpected downward revision to Q1 GDP. Also, the May trade deficit was wider than expected, a negative factor for Q2 GDP.
Lower bond yields are supporting equity prices as the 10-year T-note yield fell to a 7-week low on speculation that Fed rate cuts could come sooner than expected. The 10-year T-note yield fell to a 7-week low today of 4.26% following a report from the Wall Street Journal that said President Trump may announce Fed Chair Powell's replacement a soon as September, an unusually early appointment, reinforcing expectations of a more dovish leaning Fed, after Trump criticized Powell for holding interest rates steady. Because Powell's term expires in May 2026, announcing a new Fed chair far earlier than the traditional 3-4 month transition period could allow the chair-in-waiting to influence expectations about the likely path for interest rates.
US weekly initial unemployment claims fell -7,000 to 236,000, showing a stronger labor market than expectations of 243,000. However, weekly continuing claims rose +37,000 to a 3-1/2 year high of 1.974 million, above expectations of 1.950 million, signaling more people are staying out of work for longer.
US Q1 GDP was revised lower to -0.5% (q/q annualized), weaker than expectations of no change at -0.2% as Q1 personal consumption was revised downward to 0.5% from 1.2%. The Q1 core PCE price index was revised higher to +3.5% q/q, stronger than expectations of no change at +3.4% q/q.
US May capital goods new orders nondefense ex-aircraft rose +1.7% m/m, stronger than expectations of +0.1% m/m and the largest increase in 4 months.
The US May trade deficit of -$96.6 billion was wider than expectations of -$86.1 billion, a negative factor for Q2 GDP.
Richmond Fed President Barkin said he expects tariffs to put upward pressure on prices, and with so much still uncertain, he favors waiting for more clarity before adjusting interest rates.
The markets this week will watch to see if the ceasefire holds between Israel and Iran. Also, any new tariff news or trade deals will be scrutinized. Friday brings May personal spending (expected +0.1% m/m) and May personal income (expected +0.3% m/m). Also on Friday, the May core PCE price index, the Fed's preferred price gauge, is expected to rise by +0.1% m/m and +2.6% y/y. Finally, Friday's June University of Michigan US consumer sentiment index is expected to be revised lower by -0.2 points to 60.3.
The markets are discounting the chances at 25% for a -25 bp rate cut at the July 29-30 FOMC meeting.
Overseas stock markets today are mixed. The Euro Stoxx 50 is down -0.09%. China's Shanghai Composite fell from a 6-1/4 month high and closed down -0.22%. Japan's Nikkei Stock 225 rallied to a 4-3/4 month high and closed up +1.65%.
Interest Rates
September 10-year T-notes (ZNU25) today are up +6 ticks. The 10-year T-note yield is down -2.2 bp to 4.269%. Sep T-notes today climbed to an 8-week high, and the 10-year T-note yield fell to a 7-week low of 4.263%. T-notes are moving higher today on a Wall Street Journal report that said President Trump is considering naming Fed Chair Powell's successor as early as September, well before his term expires next May, making him a lame duck and spurring speculation that interest rates could eventually fall faster than markets are currently pricing. T-notes also found support after Q1 GDP was revised lower.
Limiting gains in T-notes was today's stronger-than-expected economic news , which included unemployment claims and core capital goods orders. Also, the upward revision to the Q1 core PCE price index was bearish for T-notes. In addition, hawkish comments from Richmond Fed President Barkin weighed on T-notes when he said he favors waiting for more clarity before adjusting interest rates. Supply pressures are negative for T-notes as the Treasury will auction $44 billion of 7-year T-notes later today.
European government bond yields today are moving lower. The 10-year German bund yield is down -1.8 bp to 2.547%. The 10-year UK gilt yield is down -1.8 bp to 4.463%.
The German Jun GfK consumer confidence index unexpectedly fell -0.3 to -20.3, weaker than expectations of an increase to -19.2.
Swaps are discounting the chances at 8% for a -25 bp rate cut by the ECB at the July 24 policy meeting.
US Stock Movers
Micron Technology (MU) is up more than +2% to give chip stocks and the overall market a lift. Micron reported Q3 adjusted revenue of $9.30 billion, stronger than the consensus of $8.85 billion, and forecasted Q4 adjusted revenue of $10.4 billion-$11.0 billion, well above the consensus of $9.89 billion. Also, Marvel Technology (MRVL) is up more than +4% to lead gainers in the Nasdaq 100. In addition, ARM Holdings Plc (ARM) is up more than +1% and Intel (INTC) is up +0.83%.
Managed healthcare stocks are moving higher today. Universal Health Services (UHS) is up more than +4%. Also, Cigna (CI) and HCA Healthcare (HCA) are up more than +3%. In addition, CVS Health (CVS), Centene (CNC), Molina Healthcare (MOH), and Humana (HUM) are up more than +1%.
McCormick & Co (MKC) is up more than +5% after reporting Q2 EPS of 69 cents, better than the consensus of 66 cents, and forecasting full-year adjusted EPS of $3.03-$3.08, above the consensus of $3.02.
Copper mining stocks are climbing today with the price of COMEX copper up more than +2% at a 2-3/4 month high. Southern Copper (SCCO) and Freeport McMoRan (FCX) are up more than +4%, and Rio Tinto Plc (RIO) is up more than +2%.
Sandisk Corp (SNDK) is up more than +1% after Citigroup initiated coverage of the stock with a buy recommendation and a price target of $57.
General Mills (GIS) is up more than +1% after RBC Capital Markets upgraded the stock to outperform from sector perform with a price target of $63.
Truist Financial Corp (TFC) is up nearly +1% after Citigroup upgraded the stock to buy from neutral with a price target of $55.
Equinix Inc (EQIX) is down more than -10% to lead losers in the S&P 500 after BMO Capital Markets downgraded the stock to market perform from outperform.
Trade Desk (TTD) is down more than -4% to lead losers in the Nasdaq 100 after Wells Fargo Securities downgraded the stock to equal weight from overweight.
Kratos Defense & Security Solutions (KTOS) is down more than -3% after announcing it intends to sell $500 million of shares of its common stock in an underwritten offering.
Unity Software (U) is down more than -3% after Bank of America Global Research initiated coverage of the stock with a recommendation of underperform and a price target of $15.
Jeffries Financial Group (JEF) is down more than -2% after reporting Q2 EPS of 40 cents, weaker than the consensus of 44 cents.
Earnings Reports (6/26/2025)
Acuity Inc (AYI), Concentrix Corp (CNXC), McCormick & Co Inc/MD (MKC), NIKE Inc (NKE), Walgreens Boots Alliance Inc (WBA).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks See Support on Strength in Chip Stocks and Lower Bond Yields

(RTTNews) - Rio Tinto Plc. (RTPPF.PK, RIO.L, RIO, RTNTF.PK) announced a joint investment of $1.61 billion with Hancock Prospecting to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region, with Rio Tinto contributing $0.8 billion.
Rio Tinto noted that the Hope Downs 2 project, to mine Rio Tinto and Hancock Prospecting's Hope Downs 2 and Bedded Hilltop deposits, has now received all necessary State and Federal Government approvals.
The two new above-water-table iron ore pits will have a combined total annual production capacity of 31 million tonnes and will sustain production from the Hope Downs Joint Venture into the future.
Rio Tinto said it has engaged with the Nyiyaparli, Banjima and the Ngarlawangga Peoples, along with relevant government stakeholders, to ensure the responsible management of heritage and the environment in development of the project.
The project includes new non-process infrastructure precincts, railway crossings and haul roads, as well as realigning a 6-kilometre section of the Great Northern Highway.
Ore mined at the two sites will be transported to Hope Downs 1 for processing, with first ore from the deposits and associated infrastructure scheduled for 2027.
According to the company, more than 950 jobs will be created during construction, and once operational, the Hope Downs 2 project will support approximately 1,000 full-time equivalent roles at Greater Hope Downs.
Hope Downs 2 is part of Rio Tinto's tranche of replacement projects that underpin the company's ongoing commitment to the Pilbara, and which will have combined total capacity of about 130Mtpa2.
During the next three years (2025-2027), Rio Tinto expects to invest more than $13 billion on new mines, plant and equipment.
The company said it has a clear pathway to achieve and sustain mid-term system capacity of 345 to 360 Mtpa from its Pilbara iron ore business, with a pre-feasibility study also underway on the Rhodes Ridge project, the Pilbara's best undeveloped iron ore deposit.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Rio Tinto And Hancock To Invest $1.61 Bln In Hope Downs 2 Iron Ore Project

In trading on Friday, shares of Rio Tinto plc (Symbol: RIO) entered into oversold territory, changing hands as low as $55.92 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Rio Tinto plc, the RSI reading has hit 29.9 — by comparison, the universe of metals and mining stocks covered by Metals Channel currently has an average RSI of 52.4, the RSI of Spot Gold is at 9.5, and the RSI of Spot Silver is presently 14.0. A bullish investor could look at RIO's 29.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), RIO's low point in its 52 week range is $51.67 per share, with $72.08 as the 52 week high point — that compares with a last trade of $55.96. Rio Tinto plc shares are currently trading down about 1.7% on the day.
Click here to find out what 9 other oversold metals stocks you need to know about »
Also see:
OHGI shares outstanding history
Funds Holding PUTX
IMII Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

RIO Stock Crowded With Sellers

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Value Line Dividend Index Fund ETF (Symbol: FVD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $48.60 per unit.
With FVD trading at a recent price near $44.27 per unit, that means that analysts see 9.78% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of FVD's underlying holdings with notable upside to their analyst target prices are Rio Tinto plc (Symbol: RIO), Canadian National Railway Co (Symbol: CNI), and Middlesex Water Co. (Symbol: MSEX). Although RIO has traded at a recent price of $57.01/share, the average analyst target is 36.16% higher at $77.62/share. Similarly, CNI has 14.16% upside from the recent share price of $102.06 if the average analyst target price of $116.51/share is reached, and analysts on average are expecting MSEX to reach a target price of $62.33/share, which is 12.13% above the recent price of $55.59. Below is a twelve month price history chart comparing the stock performance of RIO, CNI, and MSEX:
Below is a summary table of the current analyst target prices discussed above:
Name
Symbol
Recent Price
Avg. Analyst 12-Mo. Target
% Upside to Target
First Trust Value Line Dividend Index Fund ETF
FVD
$44.27
$48.60
9.78%
Rio Tinto plc
RIO
$57.01
$77.62
36.16%
Canadian National Railway Co
CNI
$102.06
$116.51
14.16%
Middlesex Water Co.
MSEX
$55.59
$62.33
12.13%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Analysts See 10% Upside For FVD

Rio Tinto (NYSE: RIO) has made significant strategic moves with the focus of diversifying into critical minerals essential for the energy transition, such as lithium and bauxite. Rio Tinto is a vertically integrated mining company—it controls the entire value chain from exploration and extraction to processing and export. This helps manage costs, ensure quality, and respond to global demand shifts.
Iron Ore is the primary business segment, contributing the largest share of Rio’s revenue. Iron Ore (mostly from Western Australia) continues to generate reliable cash flow due to demand from steel production, particularly in China, India, and Southeast Asia. Aluminum demand is rising due to its role in lightweight transport, construction, and packaging, especially in low-carbon forms. Separately, if you want upside with a smoother ride than an individual stock, consider the High Quality portfolio, which has outperformed the S&P, and clocked >91% returns since inception.
The global shift toward decarbonization is fueling massive demand for lithium and copper. Lithium is used for electric vehicle batteries and grid storage. Copper is used in EVs, solar/wind infrastructure, and electrification. Rio Tinto’s growth drivers in 2025 center around global megatrends like clean energy, electrification, and sustainable infrastructure.
For lithium, the company is investing up to $900 million for a 49.99% stake in the Maricunga lithium project, partnering with Chile’s state-owned Codelco. This project aims to utilize direct lithium extraction (DLE) technology, which is more environmentally friendly but remains unproven at a commercial scale. Additionally, in March 2025, Rio Tinto completed its $6.7 billion acquisition of Arcadium Lithium, enhancing its position in the global lithium market.
Rio Tinto projects a 50% surge in copper output from the Oyu Tolgoi mine in 2025, aiming for 110,000–150,000 tonnes, up from 73,000 tonnes in 2024. This expansion is central to Rio Tinto’s goal of achieving 1 million metric tons of annual copper production by 2030.
RIO is a metals and mining company that has demonstrated remarkable resilience and growth in the post-COVID era. While it is a solid stock, if you want even lower volatility while maintaining the upside, consider the High Quality portfolio, which has outperformed the S&P 500 and achieved returns greater than 91% since inception.
We estimate Rio’s valuation to be $80 per share, reflecting a solid nearly 29% upside. At its current price of $62, Rio stock trades at just 8 times trailing earnings. This represents a discount compared to the company’s five-year average P/E ratio of 10.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Rio Tinto: Should You Invest Now?

(RTTNews) - Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) announced that it has been confirmed as the preferred partner for the Salares Altoandinos lithium project in the Atacama region of Chile by Empresa Nacional de Minera (ENAMI), a state-owned Chilean mining company.
As per the terms of the proposal, Rio Tinto would acquire an initial 51% stake in the project with ENAMI holding the remaining 49%. The transaction remains subject to the signature of binding agreements, receipt of all regulatory approvals and the satisfaction of other customary closing conditions.
Rio Tinto said it looks forward to working with its partners in South America and will continue to evaluate Tier 1 opportunities globally as it gains momentum in building a world-class lithium business.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.