Underlying EBITDA (earnings before interest, taxes, depreciation, and amortisation) rose 3 per cent to $US12.1 billion ($A18.5 billion), reflecting the company's strong operational performance.
Rio Tinto Chief Executive Jakob Stausholm said, "Rio Tinto is both consistently profitable and growing. This is being driven by the disciplined investments we are making to strengthen our operations and progress major projects for profitable organic growth."
"Our overall copper equivalent production is on track to grow by around 2% this year, and our ambition is to deliver around 3% of compound annual growth from 2024 to 2028 from existing operations and projects."
Rio Tinto has pledged approximately $US1 billion ($A1.5 billion) annually for closure activities at various sites, including the Argyle diamond mine, Energy Resources of Australia's uranium mine, the Gove alumina refinery, and other legacy locations.
