Rio Tinto Posts 43% Earnings Rise on Strong Copper and Aluminum Prices
Rio Tinto's interim earnings for 2026 show a significant improvement due to higher copper and aluminum prices.
The company's underlying net profit after tax (NPAT) is up 43% year-over-year, reaching USD 6.9 billion or USD 4.21 per share.
This increase is directly attributed to the strengthening of copper and aluminum markets.
Rio Tinto has declared a fully franked interim dividend of USD 2.11, which represents a 43% hike from last year's payout.
The company maintains its 40-60% target range for the payout ratio, with the current dividend being at the midpoint of this range.