Commodities
Rio Tinto Wants to Invest More in US Copper Under Tariffs
Ore and waste materials are loaded into a haul truck at tan open-pit copper mining complex in Morenci, Arizona.
Photographer: Rebecca Noble/BloombergRio Tinto Plc says it has a “strong desire” to invest in US copper mining following President Donald Trump’s plans to levy imports of the critical metal.
“There is increasing recognition by the US government of the need for domestic sources of copper and other critical materials to support manufacturing and to power the country’s energy future,” the company’s copper head Katie Jackson said in an emailed statement. “We have a strong desire to invest more in American copper and we see significant opportunities to grow our business in the United States.”