{"id":84788,"date":"2026-07-17T08:13:20","date_gmt":"2026-07-17T08:13:20","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/84788\/"},"modified":"2026-07-17T08:13:20","modified_gmt":"2026-07-17T08:13:20","slug":"rio-tinto-reports-18-sequential-increase-in-q2-iron-ore-shipments-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/84788\/","title":{"rendered":"Rio Tinto Reports 18% Sequential Increase in Q2 Iron Ore Shipments"},"content":{"rendered":"

Rio Tinto GroupRIO<\/a> reported iron ore shipments from Pilbara (on a 100% basis) of 85.3 million tons (Mt) for the second quarter of 2025, which increased 7% year over year. On a sequential basis, shipments rose 18%. Total iron ore production from Pilbara for the quarter was 83.5 Mt, in line with the year-ago quarter. This marked the highest first-half iron ore production at Pilbara since 2018.<\/p>\n

Bauxite production dipped 3% year over year to 15.2 Mt in the second quarter. However, the figure marked a 14% increase from first-quarter 2026. Rio Tinto\u2019s aluminum output was steady year over year at 840 thousand tons. Alumina production increased 10% to 2 Mt.<\/p>\n

In the second quarter, mined copper production was 213 thousand tons, 7% lower than the year-ago quarter. Production at Kennecott was 49% lower year over year due to lower cathode production. Copper production at Escondida decreased 13% year over year due to expected lower ore grades from the mine sequence.<\/p>\n

Oyu Tolgoi\u2019s production rose 12% year over year to 97 thousand tons, driven by the ramp-up of underground operations, and a higher combined grade from the open pit and underground.<\/p>\n

Titanium dioxide slag production declined 15% from the year-ago quarter, led by weak market conditions.<\/p>\n

Rio Tinto\u2019s Production Guidance for 2026<\/p>\n

RIO expects Pilbara iron ore shipments (100% basis) at the lower end of 323-338 Mt.<\/p>\n

The company retains its Bauxite\u2019s guidance at 58-61 Mt. Alumina production is anticipated between 7.6 and 8 Mt, while aluminum production is expected to be 3.25-3.45 Mt for 2026. The copper output guidance remains unchanged at 800-870 kt.<\/p>\n

RIO Share Price Performance<\/p>\n

In a year, shares of the company have gained 64.2% compared with the industry<\/a>\u2019s 38.7% growth.<\/p>\n

\"ZacksImage Source: Zacks Investment Research<\/p>\n

Rio Tinto\u2019s Peer Performances<\/p>\n

BHP Group Limited BHP<\/a> announced that its iron ore production dipped 3% year over year to 68.1 Mt in the fourth quarter of fiscal 2026 (ended June 30, 2026). However, the production increased 8% from the third quarter\u2019s reported figure and 1% year over year, bringing the company\u2019s total iron ore production for fiscal 2026 to a record 264.7 Mt. It came within its fiscal 2026 iron ore production guidance at 258-269 Mt.<\/p>\n

BHP Group\u2019s copper output declined 5% year over year to 491.9 kt in the fourth quarter but increased 3% sequentially. The company\u2019s fiscal 2026 copper output fell 3% year over year to 1,952.8 kt. BHP Group\u2019s guidance for copper production for fiscal 2026 was 1,900-2,000 kt.<\/p>\n

RIO\u2019s Zacks Rank & Stocks to Consider<\/p>\n

Rio Tinto currently carries a Zacks Rank #3 (Hold).\u00a0\u00a0<\/p>\n

Some better-ranked stocks from the basic materials space are Carpenter Technology CorporationCRS<\/a> and Albemarle Corporation ALB<\/a>. CRS sports a Zacks Rank #1 (Strong Buy) at present and ALB carries a Zacks Rank #2 (Buy). You can see the complete list of today\u2019s Zacks #1 Rank stocks here.<\/a><\/p>\n

Carpenter Technology has an average trailing four-quarter earnings surprise of 8.9%. The Zacks Consensus Estimate for Carpenter Technology\u2019s 2026 earnings is pegged at $10.57 per share, indicating 41.3% year-over-year growth. Its shares have surged 101% in a year.<\/p>\n

Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company\u2019s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have surged 66% so far this year.\u00a0<\/p>\n

Zacks’ Research Chief Names “Stock Most Likely to Double”<\/p>\n

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.<\/p>\n

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company’s customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Hims & Hers Health, which shot up +209%.<\/p>\n

Free: See Our Top Stock And 4 Runners Up<\/a><\/p>\n

This article originally published on Zacks Investment Research (zacks.com).<\/a><\/p>\n

Zacks Investment Research<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Rio Tinto GroupRIO reported iron ore shipments from Pilbara (on a 100% basis) of 85.3 million tons (Mt)…\n","protected":false},"author":2,"featured_media":84374,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20718],"tags":[21229,21226,21225,21228,21227,21230,21078,12991,29768,21232],"class_list":["post-84788","post","type-post","status-publish","format-standard","has-post-thumbnail","category-rio-tinto","tag-futures","tag-index-market-quote","tag-index-market-quotes","tag-index-market-symbol","tag-index-market-symbols","tag-indices","tag-rio","tag-rio-tinto","tag-rio-tinto-plc-adr","tag-the-globe-and-mail"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116934318736825763","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/84788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=84788"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/84788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/84374"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=84788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=84788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=84788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}