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Commodities Buzz: Rio Tinto Copper production up 15% on year in Jun-25 quarter
16-Jul-2025 15:05
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.

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