---
title: "Rio Tinto Backs Major Copper Project"
type: signal
url: https://frontiernewswire.com/s/rio-tinto-backs-major-copper-project-6000aa91
published: 2026-11-05T16:40:16.000Z
byline: "Source: Bloomberg Tech"
---

# Rio Tinto Backs Major Copper Project

Source: Bloomberg Tech · Published 2026-11-05 · Canonical: https://frontiernewswire.com/s/rio-tinto-backs-major-copper-project-6000aa91

Rio Tinto is committing $144 million to advance the Resolution Copper project in Arizona, funding additional drilling, engineering and infrastructure work. The company says long-term copper demand is being driven not just by AI and data centers, but also electrification and everyday appliances, as the project moves toward key permits and a future investment decision.Vicky Peacey, president of Resolution Copper joins Bloomberg Open Interest to talk about the deal and what's ahead. (Source: Bloomberg)

## Sources

- [Read the original at Bloomberg Tech](https://www.bloomberg.com/news/videos/2026-11-05/rio-tinto-backs-major-copper-project-video)

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---

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