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Rio Tinto cuts 2026 copper C1 net unit cost guidance to US 30-50 cents/lb

PUBT·07/14/2026 22:40:05
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Rio Tinto cuts 2026 copper C1 net unit cost guidance to US 30-50 cents/lb
  • Rio Tinto kept 2026 production and sales guidance unchanged; H1 copper equivalent output rose 3% year on year.
  • Copper output forecast held at 800-870 kt; C1 net unit cost guidance cut to US 0.3-0.5/lb from US 0.65-0.75/lb.
  • Pilbara iron ore sales outlook maintained at 323-338 Mt; unit cash cost guidance unchanged at US$ 23.5-25/wmt FOB.
  • Global iron ore sales guidance unchanged at 343-366 Mt; Q2 global iron ore sales rose 5% year on year to 89 Mt.
  • Lithium carbonate equivalent production guidance maintained at 61-64 kt; Q2 output rose 20% year on year to 15 kt.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rio Tinto plc published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.