Rio flags major copper growth amid iron ore weakness

MANAGEMENT

Red metal increasingly important for global majors

A concentrator at Oyu Tolgoi in Mongolia.

A concentrator at Oyu Tolgoi in Mongolia. | Credits: Rio Tinto

Iron ore still pays the bills for Rio Tinto, however, the major miner’s 2025 results show copper is increasingly becoming the focus.   Rio reported a 14% year-on-year dip in net profit after tax to…

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