Rio Tinto

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Rio Tinto Group
Rio Tinto plc & Rio Tinto Limited
TypeDual-listed company
FTSE 100 Component
IndustryMetals and Mining
Founded1873; 150 years ago (1873)
HeadquartersLondon, United Kingdom (Global headquarters & Rio Tinto Plc)
Melbourne, Australia (Rio Tinto Limited)
Area served
Key people
ProductsIron ore, Bauxite, Alumina, Aluminium, Copper, Molybdenum, Gold, Diamonds, Uranium, Titanium dioxide, Borates, Salt, Talc
RevenueIncrease US$44.611 billion (2020)[3]
Increase US$16.829 billion (2020)[3]
Increase US$10.400 billion (2020)[3]
Total assetsIncrease US$97.390 billion (2020)[3]
Total equityIncrease US$47.054 billion (2020)[3]
Number of employees
45,000 (2020)[3]

Rio Tinto Group is the world's second largest metals and mining corporation.[4] It is mainly active in mining. It produces iron ore, copper, diamonds, gold and uranium.[5][6]

The company was founded in 1873, when a consortium of investors bought a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish Government. Since then, the company has grown by mergers and acquisitions. In 2020, it produces and sells aluminium, iron ore, copper, uranium, and diamonds.[7]

Although it is mainly about getting minerals, Rio Tinto also has significant operations in refining, particularly for refining bauxite and iron ore. Rio Tinto has joint head offices in London (global and "plc") and Melbourne ("Limited" – Australia).[8][9]

References[change | change source]

  1. Rio Tinto (4 December 2017). "Simon Thompson to succeed Jan du Plessis as chairman" (PDF) (Press release). Rio Tinto. Archived from the original (PDF) on 16 March 2018. Retrieved 5 April 2021.
  2. Rio Tinto (17 December 2020). "Rio Tinto appoints Jakob Stausholm as chief executive" (Press release). Rio Tinto.
  3. 3.0 3.1 3.2 3.3 3.4 3.5 "Annual Report 2020" (PDF). Rio Tinto. Archived from the original (PDF) on 19 January 2022. Retrieved 26 February 2021.
  4. BHP (Broken Hill Proprietary) is the largest
  5. Hotten, Russell (12 July 2007). "History of Rio Tinto". The Telegraph. London: Telegraph Media Group Limited. Retrieved 30 May 2020.
  6. "Rio Tinto sells its last Australian coalmine for $2.25bn". The Guardian (US ed.). New York City. Reuters. 28 March 2018. Retrieved 6 May 2020.
  7. "Rio Tinto Chartbook" (PDF). 2018. Archived from the original (PDF) on 2019-04-13.
  8. "Contact Us." Rio Tinto Group. Retrieved 9 April 2010. Archived 28 March 2010 at the Wayback Machine
  9. "Suburbs & Postcodes." City of Melbourne. Retrieved 5 April 2010.

Other websites[change | change source]