- RIO shipped 88.8M tonnes of iron ore in Q2, up 17% QoQ and 5% YoY. Diesel cost increases raised Pilbara operating expenses over the past six months.
- Rio Tinto (RIO) held full‑year 2026 production guidance despite a 7% quarter‑on‑quarter drop in copper output; Kennecott and Escondida drove the decline while H1 copper edged up.
- Bloomberg says First Quantum is seeking buyers for a minority stake in its Taca Taca copper project; Rio Tinto plc (RIO) is listed as a potential bidder.
TradingView
Key facts: Rio ships 88.8M t; Pilbara costs rise; FY26 guidance steady; linked to Taca Taca
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RIO shipped 88.8M tonnes of iron ore in Q2, up 17% QoQ and 5% YoY. Diesel cost increases raised Pilbara operating expenses over the past six months.Rio Tinto (RIO) held full‑year 2