US Stock Market Move | Rio Tinto plc Sponsored ADR (RIO.US) rose 3% in the second quarter, with copper equivalent production increasing by 13% year-on-year.

On Monday, Rio Tinto plc Sponsored ADR (RIO.US) rose 3% to $62.41. In terms of news, the Rio Tinto plc Sponsored ADR group recently announced its production performance for the second quarter of 2025. Copper equivalent production in the second quarter increased by 13% year-on-year, and by 6% year-on-year in the first half of the year. This was mainly due to strong performance in the copper business and contributions from the acquisition of Akadim Lithium. The Rio Tinto plc Sponsored ADR group expects copper production to reach a higher level than the annual guidance target, while unit costs will trend toward lower levels. So far this year, the mining operations of Rio Tinto plc Sponsored ADR have performed well, with record production in the alumina business and the Oyu Tolgoi copper mine. Oyu Tolgoi copper mine is further increasing production and is expected to become the world's fourth-largest copper mine by 2030.