U.S. Stock Market News: Rio Tinto (RIO.US) Rises by 3%, Second Quarter Copper Production Increases by 13% Compared to Last Year.

According to the CITIC Finance APP, on Monday, Rio Tinto (RIO.US) rose by 3%, reaching $62.41. In terms of news, Rio Tinto Group recently announced its production performance for the second quarter of 2025. Copper equivalent production in the second quarter increased by 13% year-on-year, and by 6% year-on-year in the first half of the year, mainly due to the strong performance of the copper business and the acquisition of the Arcadia lithium project. Rio Tinto Group expects copper production to reach a higher level than the annual target, while unit costs will trend towards a lower level. So far this year, Rio Tinto Group's mining operations have performed well, with record production in the bauxite business and the Oyu Tolgoi copper mine. The Oyu Tolgoi copper mine is further increasing production and is expected to become the fourth largest copper mine in the world by 2030.