Rio Tinto Chief Executive Jakob Stausholm said: "We delivered excellent operational performance from our mine operations with record production from our bauxite business and from Oyu Tolgoi as it ramps up to become the world’s fourth largest copper mine before the end of the decade.

Rio Tinto has reported a 13 per cent year-on-year increase in copper equivalent production for the June 2025 quarter.

Chairman Dominic Barton says the miner has charged its new boss with simplifying its organisational structure, which may trigger an austerity campaign

Jakob Stausholm. Jakob Stausholm joined Rio Tinto in September 2018 as Executive Director and Chief Financial Officer. Prior to joining Rio Tinto, Mr Stausholm was the Chief Strategy, ...