Rio Tinto(US:RIO) 智通财经网·2025-07-16 04:17Group 1 - Rio Tinto reported a 13% increase in iron ore shipments from the Pilbara region, totaling 79.9 million tons for the quarter ending June 30, but this was below the expected 81.98 million tons [1] - The company expects its copper production for the fiscal year 2025 to reach the upper end of its guidance range, with unit costs anticipated to approach the lower end of the range [1] - Rio Tinto reaffirmed its annual iron ore shipment forecast, maintaining a range of 323 million to 338 million tons [1] Group 2 - Simon Trott has been appointed as the new CEO, succeeding Jakob Stausholm, who announced his departure after a four-and-a-half-year tenure [1] - The company is planning several asset expansion initiatives, including a $13 billion investment in iron ore, new lithium projects, and continued growth in its copper mining business [1] - Earlier this year, Rio Tinto completed a significant acquisition of Arcadum Lithium Ltd., marking a return to mergers and acquisitions after years of avoidance [2]