diff --git a/packages/rust/rust/package.mk b/packages/rust/rust/package.mk
index 6e14e4688a..e41949c716 100644
--- a/packages/rust/rust/package.mk
+++ b/packages/rust/rust/package.mk
@@ -2,8 +2,8 @@
 # Copyright (C) 2017-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="rust"
-PKG_VERSION="1.61.0"
-PKG_SHA256="ad0b4351675aa9abdf4c7e066613bd274c4391c5506db152983426376101daed"
+PKG_VERSION="1.62.0"
+PKG_SHA256="7d0878809b64d206825acae3eb7f60afb2212d81e3de1adf4c11c6032b36c027"
 PKG_LICENSE="MIT"
 PKG_SITE="https://www.rust-lang.org"
 PKG_URL="https://static.rust-lang.org/dist/rustc-${PKG_VERSION}-src.tar.gz"