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Share-based payments (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
Summary of charge has been recognised in income statement for Rio Tinto's share-based incentive plans, and the related liability (for cash-settled plans) The charge that has been recognised in the income statement for Rio Tinto’s share-based incentive plans, and the related liability (for cash-
settled awards), is set out in the table below.
Charge recognised for the year
Liability at the end of the year
2025
US$m
2024
US$m
2023
US$m
2025
US$m
2024
US$m
Equity-settled awards
232
170
140
Cash-settled awards
5
2
4
7
5
Total
237
172
144
7
5
Summary of non-vested and vested shares Performance Share Awards (granted under the Equity Incentive Plans)
Rio Tinto plc awards
Rio Tinto Limited awards
2025
number
Weighted
average fair
value at grant
date
2025
£
2024
number
Weighted
average fair
value at grant
date
2024
£
2025
number
Weighted
average fair
value at grant
date
2025
A$
2024
number
Weighted
average fair
value at grant
date
2024
A$
Unvested awards at 1 January
2,756,594
25.71
2,596,811
24.34
1,368,779
59.97
1,011,192
54.74
Awarded
1,837,822
27.77
1,077,110
28.22
1,202,284
68.09
579,982
67.34
Forfeited
(229,880)
28.27
(77,417)
27.33
(89,521)
69.81
(35,737)
60.05
Failed performance conditions
(395,425)
13.55
(38,101)
24.68
(88,804)
33.56
(11,058)
54.55
Vested
(193,418)
23.86
(801,809)
24.52
(12,958)
33.56
(175,600)
54.55
Unvested awards at 31 December
3,775,693
27.93
2,756,594
25.71
2,379,780
64.83
1,368,779
59.97
Rio Tinto plc awards
Rio Tinto Limited awards
2025
number
Weighted
average
share price at
vesting
2025
£
2024
number
Weighted
average share
price at
vesting
2024
£
2025
number
Weighted
average
share price at
vesting
2025
A$
2024
number
Weighted
average share
price at
vesting
2024
A$
Vested awards settled in shares during the
year (including dividend shares applied
on vesting)
83,477
50.76
924,836
51.12
13,321
119.66
143,996
124.24
Vested awards settled in cash during the
year (including dividend shares applied
on vesting)
7,168
50.62
111,446
51.70
3,672
120.09
83,388
124.36
Management Share Awards, Bonus Deferral Awards (granted under the Equity Incentive Plans), Global
Employee Share Plans, UK Share Plan and Arcadium Plans (combined)
Rio Tinto plc awards(a)
Rio Tinto Limited awards
2025
number
Weighted
average fair
value at
grant date
2025
£
2024
number
Weighted
average fair
value at grant
date
2024
£
2025
number
Weighted
average fair
value at
grant date
2025
A$
2024
number
Weighted
average fair
value at grant
date
2024
A$
Unvested awards at 1 January(b)
3,050,734
48.43
2,810,128
50.36
2,780,478
105.64
2,580,993
103.11
Awarded
1,909,950
45.03
1,360,676
46.54
1,063,340
105.25
1,189,754
110.96
Forfeited
(139,906)
44.00
(115,973)
47.67
(142,690)
108.76
(152,069)
106.75
Cancelled
(122,571)
41.69
(94,111)
44.97
(86,496)
99.81
(70,514)
98.85
Vested
(1,161,286)
50.63
(909,986)
52.00
(869,181)
97.82
(767,686)
105.79
Unvested awards at 31 December(b)
3,536,921
46.28
3,050,734
48.43
2,745,451
107.98
2,780,478
105.64
Comprising:
Management Share Awards
1,148,442
50.27
1,337,860
52.10
1,033,442
117.33
1,228,291
115.71
Bonus Deferral Awards
84,650
49.21
74,844
50.75
45,181
119.97
39,652
117.82
Global Employee Share Plan
1,748,910
42.62
1,593,851
45.11
1,666,828
101.87
1,512,535
97.14
UK Share Plan
52,940
49.67
44,179
53.25
– Arcadium Plans (Restricted Share Rights)
14,922
49.04
– Arcadium Plans (Restricted Share Units)
487,057
49.04
Unvested awards at 31 December(b)
3,536,921
46.28
3,050,734
48.43
2,745,451
107.98
2,780,478
105.64
(a)Awards of Rio Tinto American Depositary Receipts (ADRs) under the Global Employee Share Plan are included within the totals for Rio Tinto plc awards for the purpose of these tables.
(b)These numbers are presented and calculated in accordance with IFRS 2 and represent awards for which an IFRS 2 charge continues to be accrued for.
Rio Tinto plc awards(a)
Rio Tinto Limited awards
2025
number
Weighted
average
share price
at vesting
2025
£
2024
number
Weighted
average
share price at
vesting
2024
£
2025
number
Weighted
average
share price
at vesting
2025
A$
2024
number
Weighted
average
share price at
vesting
2024
A$
Vested awards settled in shares during the year
(including dividend shares applied on vesting):
Management Share Awards
507,657
49.80
569,907
51.97
459,133
119.77
458,429
123.92
Bonus Deferral Awards
40,067
54.70
90,422
50.18
18,570
132.87
44,477
119.53
Global Employee Share Plan
592,326
48.12
431,973
51.59
513,754
118.22
401,915
120.73
UK Share Plan
11,771
48.32
7,403
51.56
– Arcadium Plans (Restricted Share Rights)
2,038
44.17
– Arcadium Plans (Restricted Share Units)
81,336
47.47
Vested awards settled in cash during the year
(including dividend shares applied on vesting):
Bonus Deferral Awards
(a)Awards of Rio Tinto American Depositary Receipts (ADRs) under the Global Employee Share Plan are included within the totals for Rio Tinto plc awards for the purpose of these tables.
Summary of options outstanding A summary of the status of the Companies’ equity-settled share option plans at 31 December 2025 is presented below.
Outstanding unvested options
Number
Weighted
average exercise
price per option
£
Weighted
average remaining
contractual life
Years
Aggregate
intrinsic value
£m
2025
Arcadium Plans (Options) (exercise price £22.89 - £81.92)
206,778
46.61
0.68
3
Outstanding vested options
Number
Weighted
average exercise
price per option
£
Weighted
average remaining
contractual life
Years
Aggregate
intrinsic value
£m
2025
Arcadium Plans (Options) (exercise price £22.89 - £81.92)
373,753
58.93
2