Rio Tinto
About Rio Tinto
Overview
Rio Tinto is a leading global mining and metals company with a 150-year history. The company finds, mines, and processes Earth's mineral resources to help meet growing demand for materials essential to human progress. Rio Tinto is among the world's largest producers of iron ore, aluminum, copper, and other critical minerals.
Operations
Rio Tinto operates world-class assets across six continents, with major operations including the Pilbara iron ore mines in Western Australia (the world's largest integrated iron ore operation), aluminum smelters and bauxite mines globally, the Kennecott copper mine in Utah, and the Oyu Tolgoi copper-gold mine in Mongolia.
Strategy
The company focuses on operating large, long-life, tier one assets with low operating costs and high returns. Rio Tinto prioritizes safety, productivity, growth, and decarbonization. The company has committed to achieving net-zero Scope 1 and 2 emissions by 2050 and halving its emissions by 2030.
Key Projects
Major projects include the Simandou iron ore project in Guinea (one of the world's largest undeveloped iron ore deposits), the Oyu Tolgoi underground expansion in Mongolia, the Jadar lithium-borates project in Serbia, and ongoing automation and technology initiatives across operations.
Primary Commodities
Financial Metrics
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Quick Facts
- Ticker Symbol
- RIO
- Market Cap
- Large Cap
- Category
- Diversified
- Commodities
- Iron Ore, Aluminum, Copper
- Headquarters
- London, UK / Melbourne, Australia
- Founded
- 1873
- Employees
- ~47,000
Operating Countries
Producing Assets
- •Pilbara Iron Ore (Australia)
- •Kennecott Copper (USA)
- •Oyu Tolgoi (Mongolia)
- •Diavik Diamond (Canada)
- •Aluminum Operations (Global)
Development Assets
- •Simandou Iron Ore (Guinea)
- •Oyu Tolgoi Underground (Mongolia)
- •Resolution Copper (USA)
- •Jadar Lithium (Serbia)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.