Rio Tinto highlights copper growth as it lays out 2025 targets
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Rio Tinto has provided its 2025 guidance, indicating flat iron ore shipments but accelerated copper production growth, particularly from the Oyu Tolgoi project.
December 05, 2024 | 4:00 pm
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Rio Tinto's 2025 guidance indicates flat iron ore shipments but accelerated copper production growth, particularly from the Oyu Tolgoi project.
The guidance suggests a positive outlook for Rio Tinto's copper production, which is expected to grow significantly due to the Oyu Tolgoi project. This could positively impact the stock price as copper is a key growth area.
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