RIO TINTO LTD

Rio Tinto has signed a 30-year Power Purchase Agreement (PPA) with Yindjibarndi Energy Corporation (YEC) for the Jinbi Solar Project in the Pilbara, Australia, following its financial close. This project will supply 100% of its 75 MWac (expandable to 150 MWac) electricity to Rio Tinto's Iron Ore Pilbara operations, supporting decarbonization, with commercial operations expected by mid-2028. Separately, Vanguard Group increased its substantial holding in Rio Tinto Limited from 6.022% to 7.027%. Rio Tinto plc also updated its total voting rights to 1,255,045,621 ordinary shares.

Rio Tinto has announced the appointment of Trudi Charles as its new Chief Legal Officer, Governance & Corporate Affairs, effective August 1, 2026. She will take over from Isabelle Deschamps. Charles brings over 20 years of legal experience from BP plc, where she held various senior legal roles, including Deputy General Counsel and Senior Vice President Legal, Supply, Trading & Shipping. Her background also includes nearly eight years with Herbert Smith Freehills Kramer.

Rio Tinto held its 2026 Annual General Meetings (AGMs) contemporaneously in London and Perth, where all proposed resolutions were successfully carried. The meetings saw the election of Simon Trott as a Director and the re-election of Dominic Barton, among other board members. The company highlighted strong financial performance in 2025, including an 8% increase in copper equivalent production, a 9% rise in EBITDA to $25.4 billion, and $6.5 billion returned to shareholders. Rio Tinto also emphasized its strategic focus on future-facing commodities, operational excellence, and a commitment to safety and sustainability, including a 14% reduction in Scope 1 and 2 emissions.

Rio Tinto announced the final currency exchange rates for its 2025 final dividend of $2.54 per share, which will be paid on April 16, 2026. Shareholders can elect to receive the dividend in US dollars, British pounds, Australian dollars, or New Zealand dollars, with specific conversion rates provided. Additionally, the company updated its total voting rights and issued 156,231 new ordinary shares due to the conversion of employee share rights.