VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited ("Rio2" or the "Company") (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces the results of voting at its Annual and Special General Meeting of Shareholders (the "Meeting") held June 4, 2025. A total of 238,282,608 common shares were voted, representing 55.82% of 426,846,684 shares issued and outstanding as of the record date of the Meeting. ON BEHALF OF THE BOARD OF RIO2 LIMITED Alex Black Executive Chairman Email: alex.black@rio2.com T ...

Core Viewpoint - Jefferies has downgraded Rio Tinto's rating from "Buy" to "Hold" due to multiple adverse factors including an upcoming CEO transition, increased U.S. aluminum import tariffs, and expectations of softening iron ore prices [1][2] Group 1: Company-Specific Factors - The downgrade is influenced by concerns over the upcoming CEO change and the impact of U.S. aluminum tariffs on the company's operations [1] - There are worries regarding the capital expenditure required for Rio Tinto's lithium business, which may lead to increased capital intensity and lower returns if the company's expectations for the lithium market are overly optimistic [1] - The anticipated increase in capital spending for the lithium business is expected to pressure Rio Tinto's free cash flow, as it may not yield corresponding revenue increases in the short term [1] Group 2: Market and Industry Outlook - Jefferies analysts do not hold a bearish view on the iron ore outlook but believe that escalating U.S.-China trade tensions, a persistently weak real estate market, structural adjustments leading to steel production cuts, and seasonal demand weakness will contribute to a downward trend in iron ore prices [1] - The long-term price forecast for iron ore is set at $90 per ton, with slight downside risks [1] - Jefferies expresses a more favorable investment outlook for Glencore, Anglo American, and Vale compared to Rio Tinto and BHP [2]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Company Overview - Rio2 Limited is a mining company focused on development and mining operations, particularly the Fenix Gold Project in Chile, aiming for production in the shortest possible timeframe through a staged development strategy [7] - The company emphasizes high environmental standards and responsible development, committing to protect and preserve the environment in its operational territories [7] Annual General Meeting (AGM) Details - The AGM will be held virtually on June 4, 2025, at 11 a.m. ET, allowing shareholders to participate online regardless of their geographic location [1] - Voting for the AGM is open until 11:00 a.m. ET on June 2, 2025 [3] - Registered shareholders and duly appointed proxyholders can participate in real-time online, while non-registered shareholders can attend as guests [4][5] Voting Information - Shareholders are encouraged to vote as soon as possible to ensure their shares are represented at the AGM [6] - Detailed voting procedures are outlined in the proxy materials available on the company's website and SEDAR+ [2]

Core Insights - Rio Tinto is undergoing a transformation to become a significant player in the energy transition sector, moving beyond its traditional identity as an iron ore company [1]. Company Overview - The company is positioning itself to capitalize on the growing demand for materials essential for renewable energy technologies [1]. - Investors may not yet fully recognize the potential of Rio Tinto in the context of the energy transition [1].

雅各布·斯陶斯霍尔姆接任力拓集团首席执行官之后，修复了与力拓的关系，并带领公司走向新的投资 领域，包括电池材料锂。但该公司董事会已要求施陶霍尔姆下台，目前正在寻找一位能够最大限度地利 用力拓关键增长资产的老板，这些资产包括蒙古的奥尤陶勒盖铜金矿和几内亚的西芒杜铁矿。知情人士 表示，为未来几十年设定发展方向意味着优先考虑运营专业知识和业绩记录。这可能会让力拓铁矿石业 务负责人西蒙·特罗特与铝业高管杰罗姆·佩克雷斯一起，在施陶霍尔姆今年晚些时候离职后接替他。 （彭博） ...

Core Viewpoint - Rio Tinto Group has been selected as the preferred partner for the Salares Altoandinos lithium project in Chile, indicating a strategic move to enhance its lithium portfolio amid a projected increase in demand for lithium in the clean-energy transition [1][2]. Group 1: Project Developments - Rio Tinto will acquire an initial 51% stake in the Salares Altoandinos project, with ENAMI holding the remaining 49%, pending regulatory approvals and other customary conditions [1]. - The Rincon lithium project in Argentina, acquired in 2022, is expected to produce 60,000 tons of battery-grade lithium carbonate annually, with first production anticipated in 2028 [3]. - Production at the Sal de Vida project in Argentina is expected to commence in 2027, while the Nemaska Lithium project in Quebec, where Rio Tinto holds a 50% stake, is projected to start production in 2028 [4]. Group 2: Market Context - Lithium prices have decreased by 40% over the past year due to market oversupply, but demand is expected to rise significantly as lithium becomes crucial for low-carbon energy solutions [2]. - Rio Tinto's strategic acquisitions and partnerships, including a joint venture with Codelco for a lithium project in Salar de Maricunga, position the company as a major player in the lithium market [5]. Group 3: Financial Performance - Over the past year, Rio Tinto's stock has declined by 14.9%, compared to a 12.7% decline in the industry [6].

Core Insights - Rio Tinto is diversifying into critical minerals like lithium and bauxite to support the energy transition [1][3] - The company operates as a vertically integrated mining entity, enhancing cost management and quality assurance [1] - Iron Ore remains the primary revenue source, with strong demand from steel production in markets such as China, India, and Southeast Asia [2] Lithium and Copper Investments - Rio Tinto plans to invest up to $900 million for a 49.99% stake in the Maricunga lithium project, utilizing direct lithium extraction technology [4] - The company completed a $6.7 billion acquisition of Arcadium Lithium in March 2025, bolstering its position in the lithium market [4] - A 50% increase in copper production is anticipated from the Oyu Tolgoi mine in 2025, targeting 110,000–150,000 tonnes [5] Market Trends and Valuation - The global shift towards decarbonization is driving demand for lithium and copper, essential for electric vehicles and renewable energy infrastructure [3] - Rio Tinto's stock is currently valued at $80 per share, indicating a nearly 29% upside potential from its current price of $62 [7] - The stock is trading at 8 times its trailing earnings, below the company's average P/E ratio of 10 over the past five years [7]

在 2020年5月炸毁澳大利亚朱肯峡谷4.6万年岩洞遗址后，力拓的估值与业绩均受到明显负面冲击，主要 体现在股价波动、资本成本上升、关键投资者抵制及高管更迭等方面。尤其是澳洲多家养老基金公开谴 责公司并威胁减持，放大了ESG折价与估值压力。力拓此后持续积极修复投资者社区关系、改组高层并 承诺更高的文化遗产保护投入，试图重新赢得投资者与利益相关方的信任。 外界普遍预计，现任首席商务官博尔德·巴塔尔(Bold Baatar)以及力拓的核心铁矿石业务负责人西蒙·特罗 特(Simon Trott)都是热门候选人。 智通财经APP获悉，全球最大规模铁矿石生产商力拓集团(RIO.US)当地时间周四表示，一旦继任者彻底 到位，现任首席执行官雅各布·斯陶肖尔姆(Jakob Stausholm)将于今年晚些时候正式卸任。该矿业巨头补 充表示，这位CEO的接班人遴选流程正在进行中。 早在2020年，力拓在因炸毁拥有4.6万年历史的朱坎峡谷(Juukan Gorge)岩洞遗址而面临法律、公众以及 全球投资者们的愤怒之际，任命斯陶肖尔姆为该公司经营层面的最高领导人。 斯陶肖尔姆接替因处理该事件不当而被力拓罢免的前任首席执行官让-塞巴 ...

Group 1: Private Economy Promotion Law - The "Private Economy Promotion Law" of China officially takes effect on May 20, marking the first foundational law specifically for the development of the private economy [2] - The law enshrines the principle of "two unwavering" and establishes the legal status of the private economy as a vital component of the socialist market economy [2] - It consists of 9 chapters and 78 articles, aiming to promote the sustainable, healthy, and high-quality development of the private economy [2] Group 2: Artificial Intelligence in Zhejiang - Zhejiang Province aims to achieve over 1 trillion yuan in revenue from its core artificial intelligence industry by 2027 [2] - The government has introduced measures to support AI innovation, with a goal of creating globally competitive AI enterprises [2] - By 2030, the revenue target for the AI core industry is set to exceed 1.2 trillion yuan [2] Group 3: Xiaomi's New Chip Production - Xiaomi's founder Lei Jun announced that the company's self-developed 3nm flagship chip, Xiaomi Xuanjie O1, has begun mass production [3] - The chip will be featured in two flagship products: the Xiaomi 15s Pro smartphone and the Xiaomi Pad 7 Ultra tablet [3] Group 4: New Energy Vehicle Market - In April, the retail penetration rate of new energy vehicles reached 51.5%, an increase of 7 percentage points year-on-year [4] - The retail sales volume of new energy passenger vehicles was 905,000 units, reflecting a growth of 33.9% [4] Group 5: Hydrogen Energy Industry in Beijing - Beijing's State-owned Assets Supervision and Administration Commission is prioritizing the hydrogen energy industry in its 14th Five-Year Plan [5] - The focus will be on key areas of the hydrogen industry chain, including production, storage, transportation, and refueling [5] Group 6: Measurement Development in Guangdong-Hong Kong-Macao Greater Bay Area - The Guangdong-Hong Kong-Macao Greater Bay Area Measurement Development Cooperation Platform has been officially launched to enhance measurement collaboration [6] - The platform aims to achieve mutual recognition of measurement results and promote a unified market in the region [6] Group 7: Urban Renewal Support - The Ministry of Natural Resources is implementing measures to support urban renewal through a unified resource management and spatial planning system [7] - The initiative includes a comprehensive survey of existing resources to facilitate effective urban development [7] Group 8: Waymo's Expansion of Autonomous Taxi Service - Waymo has received approval to expand its autonomous taxi service in California, including more areas in San Francisco and southward to San Jose [17] - The company operates the only paid autonomous taxi service in the U.S., with over 1,500 vehicles and more than 250,000 rides per week [17] Group 9: AMD's Sale of Data Center Business - AMD has reached an agreement to sell ZT Systems' data center infrastructure manufacturing business to Sanmina for $3 billion [15] - The transaction is expected to be completed by the end of this year [15] Group 10: Regeneron's Acquisition of 23andMe - Regeneron Pharmaceuticals announced plans to acquire 23andMe for approximately $260 million, gaining control over its genomic services and biobank [18] - The acquisition is expected to be completed in the third quarter of this year [18]