InvestSMART

Rio Tinto Limited (ASX:RIO)

ALERT: Price-sensitive ASX Announcement for RIO
Current share price for RIO : $179.100 19.57 (12.27%)+
Announcement
Release
29 Jul 2026 8:26AM
Price at Release
$159.530
Full Release
download
Summary
Rio Tinto Limited reported strong financial and operational performance for the first half of 2026, with a 28% increase in underlying EBITDA to $14.8 billion and a 75% rise in free cash flow to $3.8 billion. Segmental revenue increased by 15% to $31 billion, supported by high commodity prices and strong operational delivery across key commodities such as copper, aluminium, and lithium. The company achieved a 3% growth in copper equivalent production, with major growth projects progressing well, including the Simandou iron ore and lithium projects. An interim ordinary dividend of $3.4 billion was declared, reflecting a 50% payout ratio. Rio Tinto continues to focus on productivity improvements and capital discipline to support long-term shareholder value.
Key Points
  • 28% increase in underlying EBITDA to $14.8 billion
  • 75% rise in free cash flow to $3.8 billion
  • Segmental revenue increased by 15% to $31 billion
  • 3% growth in copper equivalent production
  • Interim ordinary dividend of $3.4 billion declared
  • Focus on productivity improvements and capital discipline
  • Progress in major growth projects like Simandou iron ore and lithium
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.