Latest Rio Tinto News

Australian Mines is poised to kick off a key drilling campaign at its Flemington Scandium Project, aiming to expand its already impressive resource and support plans to triple scandium production amid tightening supply.

Aurelia Metals has appointed Steve Badenhorst as its new Managing Director and CEO, effective 6 October 2026, aiming to leverage his 35 years of global mining experience to drive operational performance and strategic growth.

Monadelphous Group Limited delivered a standout FY2026 with revenue climbing 31.5% to $2.98 billion and net profit after tax soaring 52.1% to $127.3 million, underpinned by robust contract wins and strategic acquisitions.

GR Engineering Services delivered a record EBITDA of $63.1 million in FY26, secured over $1 billion in new contracts, and announced a $110 million equity raise to support a forecast revenue surge in FY27.

Solaris Australian Equity Income Plus Limited (ASX:SET) has delivered a maiden profit and outperformed its benchmark since listing in April 2026, announcing initial fully franked monthly dividends.

Perpetual Equity Investment Company (ASX: PIC) posted a 44.4% drop in net profit to $12.1 million for FY26, yet held its fully franked dividend steady at 8.0 cents per share and announced a shift to monthly dividend payments starting December 2026.

MLG Oz Limited lifted net profit after tax by 19.2% to $14.5 million, supported by stronger crushing and screening services and renewed contracts with key mining clients.

Encounter Resources has launched a strategic review of its copper assets across Western Australia and the Northern Territory, aiming to accelerate project development amid promising drilling results at its Yeneena Copper Project and other key sites.

Carlton Investments lifted its profit by 6.1% to $41.18 million for FY2026, boosted by higher dividends, even as its equity portfolio value fell 6.2%. The company declared a final dividend increase including a special payout amid ongoing market volatility.

Leeuwin Metals has secured a joint venture deal with Arrow Minerals over key Pilbara tenements, gaining exposure to iron ore and copper prospects with no upfront exploration cost.

Macmahon Holdings delivered a tenth consecutive year of growth with revenue up 7.9% to $2.6 billion and net profit after tax soaring 36.8% to $101.1 million, underpinned by strong contract wins and operational discipline.

BlueScope Steel posted a remarkable 857% jump in reported NPAT to $802 million for FY2026, underpinned by strong US spreads, cost discipline, and growth in value-added steel products. The company declared record dividends and advanced key decarbonisation projects, signaling a confident transition from investment to shareholder returns.