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5.45940929190965E-05 0 -0.000600535022110682 0.000272970464595638 0.00136485232297865 0.0123928590926461 0.0133209586722716 0.0107550363050718
Stock impact report

Top 20 miners' CapEx to grow by 3.8% in 2026 [Yahoo! Finance]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Yahoo! Finance
to $82.4bn in 2026, representing a 3.8% year-on-year increase. The two largest spenders are expected to be Rio Tinto and BHP, each planning to invest $11bn this year. Rio Tinto is projected to spend $11bn in 2026, a 3.5% decrease from the previous year, due to a reduction in growth capital, normalised sustaining capital, and the completion of major projects such as the Oyu Tolgoi copper project ($7.06bn in partnership with Government of Mongolia) and the Simandou iron-ore project (Rio Tinto's share: $6.2bn). This CapEx normalisation also reflects enhanced cost discipline, including the cancellation of non-core studies and programs. This significant investment is strategically directed towards developing critical minerals such as copper, lithium, and aluminium to meet future demand. This is followed by BHP, which plans a substantial increase in its capital expenditure from $9.4bn in FY25 to $11bn in FY26. These funds are earmarked for strategic enhancements in productivity, asset d Show less Read more
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