Today: 2 July 2026
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ASX:RIO.AX 10 January 2026 - 5 March 2026

Rio Tinto plc seals A$1.1 billion Pilbara water deal as Dampier desalination expands

Rio Tinto plc seals A$1.1 billion Pilbara water deal as Dampier desalination expands

PERTH, Australia, March 5, 2026, 16:10 Rio Tinto has signed on for a 50:50 joint venture with the Western Australian government, committing A$1.1 billion to build a seawater desalination plant near Dampier. The project targets increased water supply for Pilbara towns and industry while cutting back on groundwater reliance. “Water is a scarce resource, especially in the Pilbara,” Rio Tinto iron ore chief executive Matthew Holcz said.
Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

SYDNEY, Jan 21, 2026, 17:02 AEDT — The market has closed. Fortescue Ltd shares climbed 1.7% to close at A$22.64 on Wednesday, recovering slightly after a weak period for iron ore-related stocks ahead of the miner’s upcoming production report. The day’s trading saw the stock fluctuate between A$22.13 and A$22.76. Meanwhile, BHP Group rose 1.5% and Rio Tinto added 2.6%.
Fortescue stock slips into weekend as Rio-Glencore talks jolt miners; Jan 22 update next

Fortescue stock slips into weekend as Rio-Glencore talks jolt miners; Jan 22 update next

SYDNEY, Jan 10, 2026, 16:52 AEDT — Market closed Fortescue Ltd shares closed Friday just off, down 0.18% at A$22.71, following a turbulent start to the week for resource stocks. The Australian market is closed over the weekend, giving investors a pause before Monday brings iron ore news and deal developments back into focus.

Stock Market Today

  • Futures Trade Mixed With S&P 500, Nasdaq Higher, Dow Down; After-Hours Tech Slide Weighs on Sentiment
    July 1, 2026, 10:23 PM EDT. U.S. stock futures were mixed late Wednesday. Nasdaq 100 futures added 0.30% and S&P 500 futures edged up 0.06%, while Dow futures dipped 0.07%. Tech and chipmakers sold off, sending Micron Technology and Sandisk down more than 10% and AMD almost 7% lower. The VanEck Semiconductor ETF dropped 5.4%. Major indexes ended lower after last quarter's rally, with the Nasdaq Composite off 0.66% and S&P 500 down 0.22%. Fed Chair Kevin Warsh said he's optimistic artificial intelligence will create jobs, offering a contrast to layoff worries. Traders are watching for the US non-farm payroll report as uncertainty continues on the back of geopolitical risks and crude oil moves.
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