Rio Tinto Group Reports Flat Q3 Copper Production; Reaffirms 2026 Targets

MT Newswires Live10-14 06:02

Rio Tinto Group (ASX:RIO) reported flat year-over-year consolidated copper production of 205,000 tonnes in the third quarter, while global iron ore production rose 2% to 89.7 million tonnes, according to a Wednesday Australian bourse filing.

The company said iron ore production at its Pilbara operations fell 1% year over year to 83.4 million tonnes during the period, while Pilbara iron ore sales rose 2% to 85.7 million tonnes.

The company maintained its 2026 Pilbara iron ore sales guidance at 323 million to 338 million tonnes. It also reaffirmed its consolidated copper production guidance of 800,000 to 870,000 tonnes and global iron sales outlook of 343 million to 366 million tonnes.

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