Rio Tinto stock price jumps after record Pilbara shipments as Glencore deadline looms
NEW YORK, Jan 22, 2026, 03:16 EST — Market closed
Rio Tinto’s U.S.-listed shares ended Wednesday up 3.7% and were last at $88.84 in late trade, after the miner flagged record quarterly iron ore shipments from its Pilbara operations and higher copper output in its fourth-quarter update. (Riotinto)
The production print matters right now because Rio’s iron ore cash flow sets the tone for dividends and spending, and traders have been looking for proof the company could claw back volume after weather hits earlier in the year.
It lands in a noisy spot for the sector. Copper has become the swing metal for miners chasing growth, while iron ore still pays the bills — and both feed straight into how investors handicap…
