Rio Tinto bets Trump will give green light to US copper mine

Rio Tinto bets Trump will approve giant U.S. copper project held up for 12 years - FT
Rio Tinto (NYSE:RIO) is betting that President Trump will finally give the green light to its giant Resolution copper mine in Arizona after a 12-year permitting battle, the Financial Times reported Wednesday.
Rio Tinto bets Trump will give green light to US copper mine, FT reports
Rio Tinto is betting that U.S. President Donald Trump will finally give the green light to its giant copper mine in Arizona, the Financial Times reported on Wednesday. "I do think that we have really good chances now to progress that project,
Rio Tinto bets on Trump support for long-stalled Arizona copper mine
Rio has faced a 12-year permitting battle to develop the Resolution mine, which could meet 25% of the US domestic copper needs.
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Rio Tinto enjoyed a significant boost to copper production in the fourth quarter of 2024 due to strong progress at the Oyu Tolgoi mine.
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Copper was a strong performer for Rio Tinto Ltd (ASX: RIO) (LSE:RIO, ASX:RIO, OTC:RTNTF) during the December quarter with mined copper production increasing 21% quarter-on-quarter to 202,000 tonnes, comfortably ahead of the consensus estimate of 182,000 tonnes.
Rio Tinto bets Donald Trump will give green light to US copper mine
Rio Tinto is betting Donald Trump will finally give the green light to its giant copper mine in Arizona after a 12-year permitting battle, as part of a wave of domestic projects expected to be approved by the new US administration.
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