(16 Jul 2025, 15:05)

Commodities Buzz: Rio Tinto Copper production up 15% on year in Jun-25 quarter

Global mining major Rio Tinto stated in a latest update that its Copper equivalent (CuEq) production rose 13% in Q2 YoY, and 6% YoY for the half year, driven by strong performance in our copper business and the contribution of the Arcadium acquisition. Copper production is now expected at the higher end, and copper unit costs around the lower end, of full year guidance ranges. Rio Tinto Chief Executive Jakob Stausholm noted that the company has delivered excellent operational performance from our mine operations with record production from our bauxite business and from Oyu Tolgoi as it ramps up to become the world’s fourth largest copper mine before the end of the decade. The company’s Copper production (consolidated basis) stood at 229 thousand tonnes in June quarter of 2025, up 15% compared to same quarter last year. It also marked a 6% spike compared to March quarter this year.

More News

(26-Aug-2025 16:27)
Commodities Buzz: US natural gas consumption set to rise 1% on year to record 91.4 BCFD in 2025
(26-Aug-2025 15:36)
Economic Buzz: French consumer confidence at lowest in nearly two-years
(26-Aug-2025 15:17)
WTI Crude melts more than 1% after sharp gains in last session
(26-Aug-2025 14:39)
Gold stays supported, MCX futures test Rs 101K

Tweets by CapitalMarket17

Commodity Mid Session News

Commodities Buzz: Rio Tinto Copper production up 15% on year in Jun-25 quarter