Quarterly ResultJul 29, 2026, 06:56 AM
Rio Tinto H1 2026 Underlying EBITDA +28% to $14.8B; Free Cash Flow +75%
AI Summary
Rio Tinto reported a strong first half of 2026, with underlying EBITDA increasing 28% to $14.8 billion and free cash flow surging 75% to $3.8 billion. Profit after tax attributable to owners rose 47% to $6.7 billion, driven by favorable commodity prices and operational improvements. The company declared an interim ordinary dividend of $3.4 billion, up 43%, reflecting its robust financial performance and commitment to shareholder returns.
Key Highlights
- Underlying EBITDA increased 28% to $14.8 billion.
- Free cash flow surged 75% to $3.8 billion.
- Profit after tax attributable to owners rose 47% to $6.7 billion.
- Interim ordinary dividend declared at $3.4 billion, up 43% (211 US cents per share).
- Copper equivalent production grew 3% in the first half.
- Copper segment underlying EBITDA increased 84% to $5.7 billion.
- Aluminium & Lithium segment underlying EBITDA rose 38% to $3.3 billion.
- Productivity benefits of $870 million banked, targeting $1.8 billion annualised run-rate by year-end.
Price Impact
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