• Operational excellence with 3% YoY increase in CuEq production
• Copper production up 31% YoY, with cost guidance reduced
• Iron ore sales up 5% YoY, Pilbara sales up 7% YoY
• Aluminium supply resilient with strong recovery in bauxite
• Lithium production up 20% YoY, first production at Sal de Vida and Fénix 1B ahead of plan

Rio Tinto has reported its second quarter 2026 production results, highlighting operational excellence with a 3% year-on-year (YoY) increase in copper equivalent (CuEq) production for the first half. Copper production saw a 31% YoY growth, driven by the ramp-up at Oyu Tolgoi. Global iron ore sales increased by 5% YoY, with Pilbara sales up 7% YoY. The aluminium business sustained its strong performance, and lithium production rose 20% YoY, with first production achieved ahead of plan at Sal de Vida and Fénix 1B. Despite ongoing geopolitical uncertainty, Rio Tinto's scale, geographical diversification, and sophisticated supply chains have underpinned its resilience and strong operational performance.

2026 guidance unchanged; Pilbara iron ore unit costs unchanged; copper C1 net unit costs reduced

Rio Tinto continues to monitor global market conditions closely, with a focus on maintaining supply continuity and operational resilience despite potential escalations in the Middle East conflict.