Rio Tinto Considers Raising Stake in Los Azules Copper
Rio Tinto is assessing the economic potential of the Los Azules development as it looks to expand its current 17.2% stake. The mining group is testing proprietary leaching technology at the site to bolster its copper pipeline amid rising global demand for clean energy materials.
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RIO TINTO PLC is evaluating an increase to its 17.2% stake in the Los Azules copper project in Argentina. The site ranks among the world's 10 largest undeveloped copper deposits. Expanding the stake secures critical supply as data center and green energy demand outstrips current mining capacity.
