Key facts: Rio Tinto reports record bauxite output; copper cost guidance lowered
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- On October 14, 2025, Rio Tinto announced record bauxite production and expects over 50% output growth at the Oyu Tolgoi copper mine this year.1
- Rio Tinto may miss its 2025 Pilbara iron-ore shipment target due to maintenance, with Q3 shipments showing weakness. Stock rose 2.3% in Sydney, closing at A$128.12.2
- Rio Tinto has lowered its 2025 copper unit cost guidance to US$1.10-US$1.30 per pound, down from US$1.30-US$1.50, aided by rising gold prices from its copper mining.3