BHP stock back in play as Rio-Glencore talks raise the stakes for big miners

Dec. 26, 2025 — Rio Tinto plc stock is heading into the final stretch of 2025 with a familiar identity—and a newly sharpened narrative. It’s still the iron-ore giant whose cash flows can swing with China’s steel cycle. But in the past few weeks, investors have been repricing Rio as something closer to a “materials platform” for the electrification era: copper growth, aluminium discipline, and an emerging lithium pillar—wrapped in a CEO-led push to simplify, sell non-core assets, and squeeze more output out of the existing base. Reuters