Rio Tinto releases transcript of 2026 half-year results Q&A with Australian analysts
RIO•Transcript of half-year Q&A released
Rio Tinto released a transcript of its 2026 half-year results Q&A session with Australian analysts in Sydney on July 29, 2026.
- CFO Peter Cunningham put the first-half productivity bridge at about $530 million from costs, with the remainder driven by volume; he expects a similar mix full-year.
- CEO Simon Trott said Resolution Copper’s next step is drilling to characterise the ore body; rig intersections are expected shortly to inform development choices.
- Trott said the $5 billion to $10 billion divestment program is tracking, with a target of $5 billion of announcements this year.
- Trott said Kennecott’s life-extension work is progressing, with a decision “in the not-too-distant future” and an extension into the 2040s under review.
