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ASX 200 LIVE: Rio weaker; Premier slumps on ‘material downgrade’; NextDC lifts

Rio investors are sifting through CEO Simon Trott’s reset plans. Retail king Solomon Lew’s guidance misses market expectations. NextDC jumps on OpenAI partnership.

David Rogers and Valerina Changarathil
less than 2 min read
December 5, 2025 - 3:50PM
The Australian Business Network
Updates from Rio CEO Simon Trott, Premier chair Solomon Lew and NextDC boss Craig Scroggie are on investor radars on Friday.
Updates from Rio CEO Simon Trott, Premier chair Solomon Lew and NextDC boss Craig Scroggie are on investor radars on Friday.

The Australian’s rolling coverage of business and markets news for Friday, December 5.

The ASX 200 index is flat at 8622 points at 3.50pm AEDT led by tech gains. The heavyweight miners and banks are in the green.

Originally published as ASX 200 LIVE: Rio weaker; Premier slumps on ‘material downgrade’; NextDC lifts

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Original URL: https://www.ntnews.com.au/business/asx-200-live-rio-on-watch-over-trott-plans-billionaire-lew-hosts-premier-agm/live-coverage/d32cee8b8fd35b262ed9e77c773cc2a7