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Rio Tinto Group's Performance and Growth Amidst Downgrade
Financial Modeling Prep· 2026-02-22 16:00
Rio Tinto Group (NYSE:RIO) is a leading global mining company known for its extensive operations in iron ore, aluminum, copper, and other minerals. The company is a major player in the mining industry, competing with giants like BHP and Vale. On February 22, 2026, Goldman Sachs downgraded RIO from a Buy to a Neutral rating, with the stock priced at $97.09 at the time.Despite the downgrade, Rio Tinto has shown significant growth in its iron ore production. In the fourth quarter of 2025, the company increased ...
Rio Tinto Continues to Ramp Up Iron Production: What's the Road Ahead?
ZACKS· 2026-02-20 17:50
Key Takeaways Rio Tinto lifted Pilbara shipments 7% to 91.3 million tons; production rose 4%.RIO's Gudai-Darri hit strong run rates as the new Pilbara Blend strategy improved product mix.Rio Tinto advances Rhodes Ridge and Simandou, targeting 40-50 million tons and commissioning in Guinea.Rio Tinto Group (RIO) reported strong growth in iron ore production and shipments in the fourth quarter of 2025. During the quarter, Pilbara iron ore shipments reached 91.3 million tons, increasing 7% from the year-ago-qua ...