Rio Tinto Ltd

RIO

Company Profile

  • Business description

    Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.

  • Contact

    Level 43, 120 Collins Street
    MelbourneVIC3000
    AUS

    T: +61 392833333

    https://www.riotinto.com

  • Sector

    Basic Materials

    Stock type

    Cyclical

  • Industry

    Other Industrial Metals & Mining

    Fiscal Year End

    31 December 2024

    Employees

    57,174

Rio Tinto Ltd News & Analysis

stocks

Arcadium a steal but how much difference will it make to Rio Tinto

Rio have made a counter-cyclical move to buy some of the world's lowest-cost lithium assets. Our mining analyst Jon Mills says the firm is still all about iron ore for now.
stocks

Is there an opportunity in ASX miners after share price declines?

BHP, Rio Tinto and Fortescue have fallen meaningfully this year due to weakness in China. Are they attractive?
stocks

Is Rio Tinto undervalued after Q2 earnings?

Rio Tinto's earnings met our expectations but there may be better opportunities elsewhere.

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