Alphadyne Asset Management LP Acquires Shares of 30,000 Rio Tinto PLC $RIO

Key Points

• Alphadyne Asset Management LP bought a new stake of 30,000 shares in Rio Tinto during Q3 valued at about $1.98 million, making RIO its 25th-largest holding (~0.2% of the firm's portfolio).
• Rio Tinto has a mix of near-term positives—partnerships on low‑carbon aluminum, a MOU with CATL and stronger aluminum premiums—and negatives, including delays at its Quebec lithium processing project and a fatal incident at the Kennecott copper mine that prompted an operational suspension.
• The company announced a $2.54 per share dividend payable April 16 with a record date of March 6, while analyst coverage is mixed and the consensus rating sits at "Hold" with an average target near $81.

Alphadyne Asset Management LP bought a new stake in Rio Tinto PLC (NYSE:RIO - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 30,000 shares of the mining company's stock, valued at approximately $1,980,000. Rio Tinto comprises approximately 0.2% of Alphadyne Asset Management LP's holdings, making the stock its 25th largest holding.

Several other hedge funds have also made changes to their positions in RIO. Cubist Systematic Strategies LLC purchased a new stake in Rio Tinto during the 1st quarter valued at approximately $84,000. AQR Capital Management LLC grew its stake in shares of Rio Tinto by 78.4% in the 1st quarter. AQR Capital Management LLC now owns 12,087 shares of the mining company's stock valued at $726,000 after purchasing an additional 5,310 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Rio Tinto by 20.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,485 shares of the mining company's stock valued at $690,000 after purchasing an additional 1,968 shares during the period. Empowered Funds LLC increased its holdings in shares of Rio Tinto by 5.8% in the first quarter. Empowered Funds LLC now owns 5,280 shares of the mining company's stock valued at $317,000 after purchasing an additional 288 shares during the period. Finally, Focus Partners Wealth raised its stake in shares of Rio Tinto by 16.7% during the first quarter. Focus Partners Wealth now owns 15,985 shares of the mining company's stock worth $962,000 after purchasing an additional 2,285 shares during the last quarter. Institutional investors and hedge funds own 19.33% of the company's stock.

Key Rio Tinto News

Here are the key news stories impacting Rio Tinto this week:

• Positive Sentiment: Partnership to supply low‑carbon aluminum for data centers with Prysmian/ELYSIS supports premium product positioning and decarbonization credentials, which can help demand and pricing for Rio’s higher‑margin low‑carbon aluminum. Rio Tinto, Prysmian partner on low-carbon aluminum solutions for data centers
• Positive Sentiment: Memorandum of Understanding with CATL on battery recycling and zero‑carbon mining advances Rio’s circular battery strategy and long‑term access to battery value chains — a strategic growth/ESG positive. Rio Tinto CATL Deal Highlights Push Into Circular Battery And Mining Model
• Positive Sentiment: Rio and Chinalco cleared a regulatory hurdle in a Brazil aluminum deal, reducing execution risk on that transaction and supporting Rio’s aluminum footprint. Rio Tinto, Chinalco clear hurdle in Brazil aluminum deal
• Positive Sentiment: Rio raised its Q2 Japan aluminum offer to the highest premium since 2015, signaling strong near‑term aluminum pricing and potential immediate revenue upside. Rio Tinto raises Q2 Japan aluminum offer to highest premium since 2015
• Neutral Sentiment: Australian suppliers secured $385m EFA support for the Rincón project — improves project finance optics but execution and timing remain uncertain. Australian suppliers tap Rio Tinto’s Rincón project with $385m EFA support
• Neutral Sentiment: Progress at the Smart Creek JV and other exploration advances keep optional upside from new discoveries, but these are longer‑dated and speculative for near‑term earnings. Domestic Metals Advances Rio Tinto JV Smart Creek Project, Eyes Major Discovery
• Negative Sentiment: Rio is slowing and delaying construction of its Quebec lithium processing plant as costs have surged — this raises capital intensity, delays expected lithium supply/revenue and increases short‑term execution risk. Rio Tinto slows pace of construction on Quebec lithium processing plant
• Negative Sentiment: A fatal contractor incident at the Kennecott (Bingham Canyon) copper mine prompted an operational suspension while investigations proceed — immediate production disruption, regulatory scrutiny and worker‑safety concerns are driving downside sentiment. Fatal incident at Rio Tinto Kennecott

Rio Tinto Price Performance

Rio Tinto stock opened at $87.83 on Friday. The stock's 50 day moving average price is $92.23 and its 200 day moving average price is $77.73. Rio Tinto PLC has a 1-year low of $51.67 and a 1-year high of $101.53. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.98 and a current ratio of 1.44.

Rio Tinto Dividend Announcement

The business also recently announced a dividend, which will be paid on Thursday, April 16th. Shareholders of record on Friday, March 6th will be given a dividend of $2.54 per share. This represents a dividend yield of 564.0%. The ex-dividend date is Friday, March 6th.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on RIO shares. HSBC downgraded Rio Tinto from a "buy" rating to a "hold" rating in a report on Monday, January 26th. DZ Bank cut shares of Rio Tinto from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. Zacks Research upgraded shares of Rio Tinto from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 29th. Barclays cut shares of Rio Tinto from an "overweight" rating to an "equal weight" rating in a research note on Tuesday, February 24th. Finally, Morgan Stanley lowered shares of Rio Tinto from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $81.00.

Rio Tinto Company Profile

Rio Tinto is a global mining and metals company that explores for, mines, processes and markets a wide range of commodities. Its principal products include iron ore, aluminum, copper, diamonds and various other minerals and industrial materials. The company's activities span the full value chain from exploration and project development to mining, processing, smelting and refining, supplying raw materials to industries such as steelmaking, automotive, packaging, electronics and construction.

The origins of Rio Tinto date back to mining operations in the Rio Tinto region of Spain in the 19th century, and the group has since grown into a multinational enterprise.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.