Rio Tinto reports 85.7 million tonnes: analysts target Rio Tinto stock at USD 101.62

Published on 10/14/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 sales hit 85.7 million tonnes, topping 84.41 million. Rio Tinto stock costs EUR 82.37 on October 14, 2026, 0.93 percent below Xetra close.

Production and valuation signals

On October 14, 2026, Rio Tinto reported Pilbara sales of 85.7 million tonnes for the third quarter.
MarketBeat reported on October 13, 2026, that the consensus target for Rio Tinto was USD 101.62.
Rio Tinto stock trades at EUR 82.37 at 9:23 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.93 percent below the Xetra close of October 13, 2026.

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Rio Tinto (ISIN GB0007188757) reported 85.7 million tonnes of Pilbara iron ore sales for the third quarter on October 14, 2026, while the consensus estimate was 84.41 million tonnes. The update also left 2026 Pilbara sales guidance at 323 million to 338 million tonnes, giving Rio Tinto stock a fresh operational benchmark.

Sales beat the third-quarter estimate

According to Rio Tinto on October 14, 2026, Pilbara sales rose 2 percent from the third quarter of 2025. Global iron ore sales reached 90.8 million tonnes, up 3 percent year over year, while global iron ore production reached 89.7 million tonnes, up 2 percent.

Reuters reported on October 14, 2026, that the 85.7 million tonnes of Pilbara sales exceeded Visible Alpha's 84.41 million tonne consensus. The sales result matters because Rio Tinto has shipped 243.3 million tonnes from Pilbara in the first nine months of 2026, leaving the company within its full-year guidance range.

What does the production mix mean?

The operational picture is broader than iron ore. Oyu Tolgoi copper production increased 29 percent year to date, while consolidated copper production reached 205,000 tonnes in the third quarter. Lithium carbonate equivalent production rose 33 percent year to date to 40.3 thousand tonnes, although the company said full-year output was tracking at the lower end of its 61 thousand to 64 thousand tonne guidance.

Capital allocation adds a second investor reference point. Rio Tinto said it had achieved more than USD 2 billion of capital release year to date and remained on track for a USD 1.8 billion annualized productivity benefit run rate by the end of 2026. Separately, MarketBeat reported on October 13, 2026, that Erste Group Bank raised its fiscal 2026 earnings-per-share forecast to USD 8.48 from USD 8.45 and retained a Hold rating. The same report cited a consensus target of USD 101.62.

Rio Tinto stock trades below Xetra close

Rio Tinto stock was trading at EUR 82.37 at Lang & Schwarz on October 14, 2026, at 9:23 a.m. CEST, down 0.93 percent versus the Xetra close of October 13, 2026 at EUR 83.14. The euro quotation therefore showed a modest retreat even as the production release supplied a quantified operating comparison.

The further course of trading is shown by the continuously updated real-time quote of Rio Tinto stock.