---
title: "Key facts: Rio ships 88.8M t; Pilbara costs rise; FY26 guidance steady; linked to Taca Taca"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292868039.md"
description: "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"
datetime: "2026-07-16T07:14:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292868039.md)
  - [en](https://longbridge.com/en/news/292868039.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292868039.md)
---

# 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. 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

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