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Rio Tinto H1 Adj. EPS $4.21, Inline, Sales $31.028B Miss $32.030B Estimate
Rio Tinto (NYSE:RIO) reported quarterly earnings of $4.21 per share which met the analyst consensus estimate. This is a 42.23 percent increase over earnings of $2.96 per share from the same period last year. The
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- benzinga
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- Jul 29, 2026, 5:39 AM
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- Jul 29, 2026, 5:39 AM
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Shares of copper-related companies are trading higher amid multiple catalysts providing tailwinds for the metal. A weaker dollar, declining London Metal Exchange inventories, and demand confidence stemming from AI-related data center and infrastructure needs are converging to support the red metal's price.
Read original at benzingaShares of copper-related companies are trading higher as declining Treasury yields signal economic growth and could support industrial demand. Also, supply bottlenecks related to mining disruptions in Chile contribute to the metal's strength.
Read original at benzingaThe AI Trade Wants More Copper: These 4 Miners Could Be the Big Winners
Copper is becoming the new center of gravity for mining as AI, grid upgrades and electrification drive demand. BofA picks four miners.
Read original at benzinga