Key facts: Rio ships 88.8M t; Pilbara costs rise; FY26 guidance steady; linked to Taca Taca

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. 1Rio 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. 2Bloomberg 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. 3

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. 1
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. 2
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. 3