Rio Tinto Plc (NYSE:RIO) stock rose Wednesday after the mining giant reported mixed first-half 2026 results, with earnings meeting Wall Street expectations while revenue missed estimates.
Adjusted earnings were $4.21 per share, in line with analyst expectations.
Revenue totaled $31.03 billion, below the consensus estimate of $32.03 billion.
Cash Flow And Shareholder Returns Operating cash flow increased 32% to $9.2 billion, supporting investment in the company's growth pipeline while maintaining a strong balance sheet.
Underlying EBITDA rose 28% to $14.8 billion, while free cash flow climbed 75% to $3.8 billion during the first half of 2026.
