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This 'Boring' Copper Miner Is Outfoxing Its Competitors
Source: NASDAQ Stocks / 03 Jul 2024 12:55:05 America/Chicago
Investors underestimating the rate at which Rio Tinto is evolving. Its $15 billion investment into the giant Oyu Tolgoi copper mine in Mongolia gives Rio the potential to catch up to BHP in terms of production – it could produce close to 900,000 tons by the end of the decade, a 50% increase from 2023. https://www.nasdaq.com/articles/boring-copper-miner-outfoxing-its-competitors