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Rio outlays big 2025 growth spend as copper becomes key focus

Energy transition provides a compelling narrative for big copper ambitions

Joshua Smith
A concentrator at Oyu Tolgoi in Mongolia

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

Rio Tinto has flagged some big plans to build up its copper portfolio over the next half-decade and reduce its reliance on Western Australian iron ore, as major supply concerns over the ‘red metal' needed...

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