Rio Tinto stock slides in London after earnings miss puts iron ore costs back in focus
Rio Tinto shares fell 3.1% to 7,163 pence in early London trading after 2025 underlying earnings of $10.9 billion missed forecasts. The miner declared a $6.5 billion dividend and forecast higher Pilbara iron ore costs for 2026. Rio also increased its stake in Nemaska Lithium to 53.9% and will take over management. Investors await further guidance at the company’s 08:30 GMT presentation.