Rio Tinto discusses Vitol logistics venture, shares steady after recent losses
26.06.2026 - 09:07:30 | ad-hoc-news.de
By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-26, 09:07.
Rio Tinto (GB0007188757) is exploring a new freight and logistics joint venture with commodity trader Vitol, according to several recent market reports from London. The mining group’s shares trade on the London Stock Exchange, where they recently cleared a six-session losing streak, per Seeking Alpha data.Reuters coverage of the Vitol talks
What Reuters reports on Vitol talks
Reuters reported on June 25 that Rio Tinto is in talks with Vitol over a potential freight and logistics joint venture that would cover shipping and related services for the miner’s global operations. The discussions are described as preliminary, with structure and financial details yet to be disclosed.
The envisaged venture would give Rio Tinto access to Vitol’s trading and chartering expertise across bulk commodities supply chains. For a group shipping iron ore, bauxite and other bulk materials worldwide, freight costs are a substantial component of operating expenditure.
How the shares trade in London and New York
On the London Stock Exchange, Rio Tinto shares recently printed 7,186 pence, equivalent to around 83.38 euros, with a market capitalization in the region of £116.9 billion based on Hargreaves Lansdown data. The stock is part of the FTSE 100 index and remains a core mining name in European portfolios.
On the New York Stock Exchange, the Rio Tinto ADR trades near $94 per share, according to Financhill’s technical overview. That source highlights the ADR as below its 5, 20 and 50 day exponential moving averages and rates the stock a technical Sell at a score of 40, below its historic median score of 50. Financhill technical analysis on Rio Tinto
All news and analysis on the Rio Tinto shares
Further company releases, price data and sector comparisons on Rio Tinto are collected in the ad-hoc-news topic section and on the group’s Investor Relations pages.
The business behind the stock
Rio Tinto generates most of its revenue from mining and exporting iron ore from Western Australia’s Pilbara region, alongside significant operations in copper, aluminum and minerals like titanium dioxide, borates and diamonds. The company typically sells iron ore under long-term contracts to steel producers in Asia, notably in China, Japan and South Korea.
Where the stock trades today
The Rio Tinto shares (GB0007188757) most recently traded on the London Stock Exchange at 7,186 pence, equivalent to roughly 83.38 euros, with the price print referenced by Davy and OnVista as of 2026-06-26, 07:09.
Key data on the Rio Tinto shares
- Company: Rio Tinto plc
- ISIN: GB0007188757
- WKN: 852147
- Ticker: RIO
- Trading venue: London Stock Exchange
- Price (as of 2026-06-26, 07:09): 7,186.00 GBX
- Market cap: 116.86 billion GBP (as of 2026-06-25)
- Sector / industry: Materials / Metals & Mining
- Index membership: FTSE 100
- Next earnings date: not officially scheduled
Disclaimer: This article is for information purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any financial instrument. All data are based on sources cited in the text and may change over time.
