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Seeking Alpha·United States·Friday, September 25, 2026 at 09:40 PM

Rio Tinto gets up to $995M defense logistics deal: Details inside

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Sara Sethiya

Rio Tinto corporate office in Perth, Australia.
  • Rio Tinto Group (RIO)'s unit, Rio Tinto Logistics, won a maximum $995M IDIQ contract on Friday for high-purity aluminum.
  • The five-year contract has no option periods and runs through May 7, 2031.
  • The contract is funded with fiscal 2025–2029 transaction funds
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