By Rhiannon Hoyle

Rio Tinto is scheduled to release its full-year results after the Australian market closes on Thursday. Here's what you need to know:

EARNINGS: The world's second-biggest miner by market value is expected to report underlying earnings--a closely watched measure of profitability--of $11.02 billion for 2025, according to a consensus estimate compiled by Visible Alpha. A year earlier, the company reported annual underlying earnings of $10.87 billion.

DIVIDEND: Rio Tinto is expected to declare a year-end dividend of roughly $2.47 a share, according to Visible Alpha, up from $2.25 a share a year ago.

The miner's Australia-listed stock is up more than 12% year to date, buoyed by a rally in copper prices.

WHAT TO WATCH:

-- Two weeks ago, Rio Tinto abandoned talks with Glencore that could have created the world's largest mining company. The inability to agree on a deal underscored the challenge facing miners as they vie for dominance in copper. The market will be eager to know more about the failed talks and how Rio Tinto is thinking about growth going forward.

-- In December, before the latest talks with Glencore were made public, Rio Tinto's new chief executive outlined plans to generate up to $10 billion from asset sales. Simon Trott said that could include partnerships or other deals involving land, infrastructure, mining or processing assets. He had earlier flagged strategic reviews of the miner's iron, titanium and borates businesses. The market will be seeking an update on those processes.

-- Trott also promised $650 million in annual productivity benefits within months and said there could be significantly more to come later. That was part of a pledge to make Rio Tinto simpler, sharper and operationally stronger. Investors and analysts will want more detail on how the company is tracking against that goal.

-- With talks to combine with Glencore over, questions are likely to return about how the company might address shareholder concerns over Chinalco's nearly 15% stake in its London-listed shares, which has prevented the miner from buying back stock. Trott has previously said Rio Tinto is actively working with Chinalco on solutions but cautioned that it will take time.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

(END) Dow Jones Newswires

February 18, 2026 05:20 ET (10:20 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.