Rio Tinto Group (NYSE:RIO) is included in our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
Copyright:
tomas1111 / 123RF Stock Photo
Despite a 13% decline in iron ore prices, Rio Tinto Group (NYSE:RIO) announced strong financial results for the first half of 2025 on July 30, 2025. Net profit decreased by 22% to $4.5 billion, while underlying EBITDA was down 5% to $11.5 billion. Strong performances from the copper and aluminum divisions, as well as a recovery in Pilbara operations after the Q1 cyclones, helped to support the results. Production rose 6% annually, with considerable increases in shipments of copper and bauxite, especially from Oyu Tolgoi.
Rio Tinto Group (NYSE:RIO) announced a $2.4 billion dividend while maintaining its 50% payout ratio. Important projects were also advanced by Rio Tinto, such as the Simandou iron ore project, which is scheduled to export for the first time in November 2025, and significant advancements in the lithium industry, which were exemplified by the $6.7 billion purchase of Arcadium Lithium.
Rio Tinto Group (NYSE:RIO) is well-positioned for long-term growth due to its strategic investments and varied portfolio. Rio Tinto stressed effective cash flow management and reiterated its output guidance for the future.
Operating through its Iron Ore, Aluminum, Copper, and Minerals segments, Rio Tinto Group (NYSE:RIO) is a global mining company. It is included in our list of cheap solid state battery stocks.
While we acknowledge the potential of RIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 12 Cheap Value Stocks to Buy Now According to Warren Buffett and 7 Best Potash Stocks to Buy According to Analysts.
Disclosure: None.