Latest Rio Tinto News

Argo Investments delivered an 8.7% portfolio return and record fully franked dividends in FY2026, while flagging a shift to quarterly distributions from January. The listed investment company intends to pay 40 cents per share across its first four quarterly dividends, subject to Board declarations.

Legacy Minerals has appointed WSP to assess scandium at its 100%-owned NiCo Young project, potentially adding a third critical mineral to a 167.8Mt inferred nickel-cobalt resource. The combined JORC update is expected in October, but no scandium resource has yet been established.

Arrow Minerals has applied for an iron ore exploration tenement adjoining Rio Tinto's Robe Valley operations in Western Australia, a move that could expand its prospective landholding by 30% to 415 square kilometres. The application remains subject to tenure award, and no resource or economic estimate has been announced.

Australian United Investment Company’s profit surged after its merger with Diversified United Investment, but the headline result was dominated by a one-off acquisition gain. Underlying profit rose 19.9%, while AUI expanded its portfolio to about A$3.1 billion and declared fully franked dividends totalling 28 cents per share.

Paterson Resources is set to start an extensive drilling campaign at its Grace Gold Project, aiming to upgrade its 200,000-ounce inferred gold resource and extend high-grade mineralisation along a 1.3km strike in the Paterson Province.

Argo Investments reported a stable $260.2 million profit for FY2026 with fully franked dividends rising to 38.5 cents per share. The LIC maintains a conservative investment approach, low costs, and strong governance as it marks 80 years.

Hawk Resources has cleared a major regulatory hurdle with the WA Minister for Aboriginal Affairs approving a Mining Entry Permit for its Olympus scandium project, paving the way for exploration activities to begin by September 2026, pending final government consents.

GenusPlus Group has received the green light from TasNetworks to start the $750 million construction phase of the North West Transmission Developments Stage 1, with completion targeted for 2029.

Antipa Minerals has expanded gold-copper-lead-silver mineralisation at its Tim’s Dome target over more than a kilometre of strike, advancing diamond drilling to test a large untested electromagnetic conductor.

Australian Foundation Investment Company (ASX:AFI) reported a $293.5 million profit for FY26, holding dividends steady despite portfolio returns lagging the market. Leadership transitioned as Alison Gibson took the helm following Mark Freeman’s retirement.

Calix Limited posted a 16% revenue increase to $39.2 million in FY26 driven by strong growth in its Magnesia business, while reporting a substantial net loss of $51 million largely due to a one-off impairment. The company advanced key industrial decarbonisation projects and strengthened strategic partnerships, focusing on capital-light commercialisation.

Advanced Braking Technology Ltd (ASX: ABV) posted a 22.7% revenue increase to $23.48 million and a 16.6% rise in net profit after tax to $2.075 million for FY26, driven by international expansion and advances in autonomous braking technology.