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Save your seatRIO ran from about $86 in early April to $112.58 in May as stronger copper and iron ore sentiment built after solid 2025 results and a better first quarter production update.
The stock has the potential to go down if it loses $101, with room back toward the $95 to $98 area. More analyst downgrades, softer China demand signals, or weaker iron ore pricing would likely speed up that pullback.
If RIO holds the $101 to $106 zone on steady volume, a retest of $112.58 is on the table. A clean push through $108 is the first hurdle, then traders can watch for continuation into fresh highs if metals strength sticks.
We don't currently have information about Rio Tinto Plc's earnings.