Nvidia's Fugatto AI Transforms Voices and Sounds, Ushering in a New Audio Era 
Google's DOJ Trial On Schedule: US Judge Rejects Delay Amid Trump Administration Shift 
BYD Pressures Suppliers for 10% Price Drop to Stay Ahead in China's Tough NEV Market 
How much for cash? Why the informal economy is bad for business, consumers and society 
Gamified investing apps are becoming more popular — but can be risky for young investors 
Should France’s wine industry fear a new Trump tariff? 
Walmart Shocks the Nation by Scrapping DEI Initiatives—‘Is Diversity No Longer a Priority?’ Critics Ask 
Drake Hits UMG, Spotify, and Apple With Bombshell Claims Over Siri Playing Kendrick Lamar’s ‘Not Like Us’ 
Hyundai’s $479M Malaysia Push: EV Ecosystem, Battery Plant, and Staria Minivan Production Expansion 
Tesla Exclusion from EV Tax Credit Proposal Blasted by Congressman as Musk Slams California's 'Insane' Plan 
Tesla Out of California’s EV Tax Credit Plan? Shocking Exclusion Sparks Debate Over Federal and State Policies 
CNN Stuns Media World: Kaitlan Collins Becomes First Primetime Anchor to Lead White House Coverage 
OpenAI's Sora Sparks Artist Backlash: 'We’re Not Free Bug Testers for Billion-Dollar Brands' 
Rio Tinto Calls for Faster U.S. Copper Mine Permitting
Rio Tinto's Chief Commercial Officer, Bold Baatar, has urged U.S. president-elect Donald Trump’s incoming administration to prioritize expediting the permitting process for critical mining projects, like the stalled Resolution copper mine in Arizona. According to Baatar, this move is essential to ensure a sufficient supply of copper, a key material needed for the energy transition.
Resolution Copper Mine and Its Importance
Rio Tinto, in partnership with BHP Group, is developing the Resolution copper mine, which has the potential to supply more than 25% of the U.S.’s domestic copper demand. However, mining projects globally are often delayed for years due to lengthy permitting processes, Baatar explained during a speech at the Financial Times commodity summit in Singapore.
The Resolution mine's development has been halted by legal challenges, particularly from Native American groups. These groups oppose the project because it threatens a sacred site for the San Carlos Apache tribe. The new administration’s stance on the mine could determine whether development progresses or remains in legal limbo.
Rio Tinto's Commitment and Future Plans
Baatar emphasized that Rio Tinto is committed to working with Native American communities to address their concerns. Meanwhile, the company is focusing on expanding its presence in Argentina, particularly through the Rincon lithium project and its $6.7 billion acquisition of Arcadium Lithium.
Shifting Market Demands for Iron Ore and Lithium
As for Rio’s core business, Baatar highlighted the rising demand for higher-grade iron ore in China, driven by the energy transition and the growing electric vehicle sector. This demand is helping to offset the decline in housing sector steel consumption.
