Rio Tinto’s New BP Hire Lands as Copper Boom Raises Stakes for the Miner
Rio Tinto named Trudi Charles, a BP veteran, as chief legal officer, effective Aug. 1, according to a regulatory notice. The appointment comes as Rio Tinto stock hit a 52-week high, closing at £82.72, up 4.44%. Copper prices have surged to record highs amid supply disruptions and rising demand from AI and clean energy sectors. Rio expects copper output to rise 13% by 2030, led by projects in Mongolia and the U.S.