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Rio Tinto Group (RIO) Q4 2025 Earnings Call Transcript

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Rio Tinto Group (RIO) Q4 2025 Earnings Call February 19, 2026 3:30 AM EST

Company Participants

Rachel Arellano – Head of Investor Relations
Simon Trott – CEO & Director
Peter Cunningham – CFO & Director

Conference Call Participants

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Myles Allsop – UBS Investment Bank, Research Division
Alain Gabriel – Morgan Stanley, Research Division
Paul Young – Goldman Sachs Group, Inc., Research Division
Glyn Lawcock – Barrenjoey Markets Pty Limited, Research Division
Jason Fairclough – BofA Securities, Research Division
Ephrem Ravi – Citigroup Inc., Research Division
Rahul Anand – Morgan Stanley, Research Division
Robert Stein – Macquarie Research
Christopher LaFemina – Jefferies LLC, Research Division
Alan Spence – BNP Paribas, Research Division
Ian Rossouw – Barclays Bank PLC, Research Division
Liam Fitzpatrick – Deutsche Bank AG, Research Division
Matthew Greene – Goldman Sachs Group, Inc., Research Division
Benjamin Davis – RBC Capital Markets, Research Division

Presentation

Rachel Arellano
Head of Investor Relations

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Okay. A very warm welcome to everyone both here in the room and for those of us joining us remotely. I want to begin by acknowledging the traditional owners and First Nations peoples who host our operations around the world and pay my respects to their elders, past and present.

We are pleased to be here today with our CEO, Simon; and our CFO, Peter Cunningham, to present to you our 2025 full year results and this will be followed by a Q&A session.

There are no planned fire evacuations today. So if you hear the alarm, please follow instructions from the fire wardens here at the London Stock Exchange.

With that, I’d like to ask Simon to the stage.

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Simon Trott
CEO & Director

Good morning all to those here in London. And of course, also those joining us online. So I’ll start with safety. And this evening, I’ll fly to Guinea to spend some time with the team at Simandou. As you’ll no doubt be aware, last Saturday, one

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