Rio Tinto is advancing the Los Azules project, one of the world's largest undeveloped copper deposits. The company utilizes its Nuton leaching technology to meet rising demand from data centers and the energy transition. A collaboration with Amazon Web Services will supply Nuton copper for data center components.
The Simandou iron ore project in Guinea is outperforming initial shipment volume expectations. Rio Tinto is shifting its strategic focus to India as China’s steel demand growth moderates. Indian customers are currently doubling their capacity, signaling a significant long-term demand trend.