# Rio Tinto commits $144 million to advance Arizona copper project

_Published Thursday, November 5, 2026 at 12:49 PM EST · Infrastructure · Latest · Tier 2 — Notable_

Rio Tinto is committing $144 million to advance the Resolution Copper project in Arizona, financing additional drilling, engineering and infrastructure work. The company links long-term copper demand to AI, data centers, electrification and everyday appliances. The project is moving toward key permits and a future investment decision.

## Sources

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

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Canonical: https://techandbusiness.org/newswire/ilyXcA6-qHjRXWxwiNGPZ2
Published: 2026-11-05T17:49:07.782Z
Story chronology: 2026-11-05T16:40:16.000Z
Retrieved: 2026-11-06T22:50:57.834Z
Publisher: Tech & Business (techandbusiness.org)