5 Mining Stocks with the Highest Dividends

2. Rio Tinto PLC ADR (NYSE:RIO)

Dividend Yield: 4.28%

Number of Hedge Fund Holders: 40

Rio Tinto PLC ADR (NYSE:RIO) is one of the mining stocks with the highest dividends.

On June 23, BHP, Rio Tinto PLC ADR (NYSE:RIO), and Caterpillar launched a landmark trial of Cat 793 XE Early Learner battery‑electric haul trucks at BHP’s Jimblebar iron ore mine in Western Australia’s Pilbara. Following months of safety validation in the U.S., the trucks are now undergoing rigorous testing in one of the world’s most demanding mining environments.

The Pilbara’s scale and intensity make it an ideal proving ground, with Jimblebar hosting two of seven Caterpillar Early Learner trucks being tested globally. More than 100 hours of operation and 200 test laps have already provided critical data on safety, technology, and maintenance. The trial also explores high‑powered static and dynamic charging, with the next phase set to evaluate in‑motion energy transfer systems to boost efficiency.

Government leaders praised the initiative as a step toward decarbonising heavy industry and positioning Western Australia as a renewable energy powerhouse. Executives from BHP, Rio Tinto, and Caterpillar emphasized that collaboration is essential to solving the complex challenge of reducing emissions from large‑scale haulage. The trial is expected to accelerate the development of electrification technologies, supporting industry goals of lower emissions, improved energy efficiency, and sustainable mining operations.

Rio Tinto PLC ADR (NYSE:RIO) is a leading global mining and metals company. It operates across 34 countries to explore, mine, and process essential materials—such as iron ore, copper, aluminum, and lithium—that are used in global construction, industrial production, and the transition to cleaner energy.