Rio Tinto maintains 2026 guidelines following increase in copper production
RIO Rio Tinto plc ADR
$93.06 -1.31%
View chart & analysis → - 1Rio Tinto maintained its 2026 production and cost guidelines after recording a 27% year-on-year increase in Oyu Tolgoi copper production for the quarter.
- 2The Simandou iron ore project reached an annual production rate of approximately 10 million tonnes for the quarter.
- 3Rio Tinto has announced capital release initiatives of over $2 billion so far this year.
So what's the key point?
Rio Tinto kept its 2026 production plans the same after increasing copper production by 27%. Iron ore production also grew, and the company announced plans for capital use.
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