Rio Tinto bets Trump will give green light to US copper mine, FT reports
Published by Global Banking and Finance Review
Posted on January 22, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking and Finance Review
Posted on January 22, 2025
1 min readLast updated: January 27, 2026

Rio Tinto anticipates Trump's approval for its Arizona copper mine, which could supply 25% of US copper needs, in partnership with BHP Group.
(Reuters) - 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," the miners top boss Jakob Stausholm told the newspaper in an interview published on Wednesday.
The stalled Resolution copper mine that Rio is developing with BHP Group could supply more than one quarter of the United States' domestic copper needs for the highly conductive metal.
(Reporting by Gursimran Kaur in Bengaluru; Editing by Savio D'Souza)
The article discusses Rio Tinto's anticipation of gaining approval from President Trump for its copper mine in Arizona.
Rio Tinto is developing the copper mine in partnership with BHP Group.
The mine could potentially supply more than a quarter of the United States' domestic copper needs.
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