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Capitalize on the copper supercycle with Rio Tinto, Power Metallic Mines, and Freeport-McMoRan
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Capitalize on the copper supercycle with Rio Tinto, Power Metallic Mines, and Freeport-McMoRan
Rio Tinto: Between Growth and Caution Mining giant Rio Tinto started the year with a 9% increase in production, driven by the ramp-up of the Oyu Tolgoi mine and a robust aluminum division. Iron ore production in the Pilbara region reached its second-highest Q1 level since 2018; however, two tropical cyclones reduced shipments by about 8 million tonnes. Management aims to make up for half of that shortfall over the course of the year. Two fatal w…
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