
⛏️ Rio Tinto $RIO reports stronger copper production, higher iron ore sales and continued progress at its Simandou project in Q3 2026. Copper production at Oyu Tolgoi increased 29% year to date, while global iron ore sales rose 3% over the same period. In Guinea, Simandou reached an annualized production rate of approximately 10 million tonnes per year (Mtpa) during the third quarter as operations continued to ramp up. Rio Tinto also reaffirmed its target of achieving $1.8B in annualized productivity benefits by the end of 2026. Meanwhile, the company reported more than $2B in capital released year to date through its capital efficiency initiatives. #RioTinto #Copper #Mining
