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Rio Tinto Profits Fall 14%, Maintains Dividends Amid Challenges

2/19/2026

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Story summary
  • Rio Tinto Group reported a 14% drop in full-year profit to $10 billion, due to weaker iron ore prices.
  • Rio Tinto Group kept the full-year dividend at $4.02 per share, signaling ongoing shareholder support.
  • Simon Trott, chief executive of Rio Tinto Group, cited strong cash flow and balance-sheet stability.
  • Rio Tinto Group abandoned merger talks with Glencore and will focus on sustaining output and engaging with market participants in China.