Rio Tinto (RTNTF.PK,RIO,RIO.L,RTPPF.PK) said near-term volatility is likely to persist. Tier one assets delivered reliable cash flows and superior performance despite macro volatility. The company added that long-term copper outlook remains positive.
First tier one copper mine Oyu Tolgoi is 85% complete and first commercial production is expected by 2013. It is a world class asset and a top five copper producer and major gold producer, the company stated.
Besides, 51% ownership of Ivanhoe Mines are secured.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.