Rio Tinto Group's copper production remained stable in the third quarter, and the strong performance of its Mongolian copper mine offset the impact of declining production in other regions; at the same time, iron ore sales increased slightly. The copper business accounted for more than one-third of Rio Tinto's profits in the first half of this year, and is an important gripper for the group to grasp the increase in electrification demand driven by the energy transition and data centers. In the three months up to September, copper production was 205,000 tons. Rio Tinto said production at its Escondida copper mine in Chile declined due to declining ore grades, a brief suspension of production, and the effects of bad weather. However, the increase in production at the Oyu Tolgoi copper mine in Mongolia has offset this impact, and the company is continuing to expand the scale of underground mining in the local area. Meanwhile, sales of iron ore, a key raw material for steelmaking, increased 3% year over year to 90.8 million tons. Iron ore remains Rio Tinto's biggest source of profit. Rio Tinto is continuing to increase the production volume of SimFer mine under the Simandou iron ore project in Guinea, while the output of its core Australian iron ore business remains stable.

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