Copper drives Rio Tinto’s June quarter performance - Australian Mining

Rio Tinto, Antofagasta Lead Copper Surge—But Trump's Tariff Threat Casts a Shadow

In July 2025, the copper market is teetering between booming production and growing political uncertainty. Mining giants such as Rio Tinto and Antofagasta have delivered strong first-half results, indicating that global copper supply is in good shape. Yet, looming trade disruptions, especially U.S. President Donald Trump’s plan to slap a 50% tariff on copper imports, are stirring fear in the market. While copper demand remains healthy due to cle…

Copper drives Rio Tinto’s June quarter performance - Australian Mining

Rio Tinto has reported a 13 per cent year-on-year increase in copper equivalent production for the June 2025 quarter.