Enterprise Type: Public Company
ASX Code: RIO
What does Rio Tinto Plc - Rio Tinto Limited do?
Rio Tinto is a Public Company that generates the majority of its income from the Iron Ore Mining industry.
In 2023 the company generated total revenue of $81,393,260,000 including sales and other revenue. In 2023 Rio Tinto had 57,174 employees including employees from all subsidiaries under the company's control.
The Chief Executive of Rio Tinto is Ms Kellie Parker whose official title is Chief Executive - Australia. The Chairman of Rio Tinto is Mr Dominic Barton whose official title is Non-Executive Chairman.
Rio Tinto Plc - Rio Tinto Limited - Products & Brands
Rio Tinto operates mining and mineral projects in around 36 countries worldwide. Rio Tinto operates under the following divisions:
Growth
Aluminium
The company operates fully integrated facilities involved in mining, processing and refining bauxite to aluminium and other products with operations in Australia, Brazil, Canada, France, Guinea, Iceland, New Zealand, and Oman.
Copper & Diamonds
The company produces copper from its interests in Chile, Mongolia, and the USA. As a by-product of mining copper, the company also produces gold, silver and molybdenum from its copper mining operations. The company also mines, refines and markets diamonds from its Argyle Diamond mine in Australia and Diavik Diamond Mine in Canada.
Energy and Minerals
The company mines uranium, borates, salt and titanium dioxide from sites in Australia, Canada, Guinea, Madagascar, Mozambique, Namibia, Serbia, South Africa and the USA.
Iron Ore
The company mines, smelts and transports iron and iron ore globally. The company operates its iron ore assets portfolio in the Pilbara region, Western Australia, and plans to expand the operations further.
Commercial
Rio Tinto sells and markets minerals and metals to the global market primarily to industrial companies for further processing. Through its Marine & Logistics division, the company provides ocean freight and supply chain services to the Rio Tinto group with a fleet of both company owned and chartered ships. Its Procurement division focuses on creating sustainable cost efficiencies and higher productivity, and freeing locked-up working capital for the group.
Growth and Innovation
Rio Tinto invests in technology and innovation across all of its ventures to increase the efficiency and operational capabilities of the company as a whole.
Borates
Borates are crystallised salts that contain Boron
Rio Tinto Plc - Rio Tinto Limited - Key Personnel
Rio Tinto Plc - Rio Tinto Limited - Financial Statements
Rio Tinto Plc - Rio Tinto Limited Financial Profit & Loss Account
BALANCE DATE |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
Sales Revenue |
79,332,188.0 |
81,636,603.0 |
87,404,677.2 |
57,942,997.4 |
61,532,570.8 |
Other Revenue |
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Total Revenue |
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Cost of Goods Sold |
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R & D Expenditure |
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Rio Tinto Plc - Rio Tinto Limited's Competitive Environment
Rio Tinto Plc - Rio Tinto Limited operates in the following industries:
Rio Tinto Plc - Rio Tinto Limited's main competitors:
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Rio Tinto Plc - Rio Tinto Limited
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Subsidiaries
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Rio Tinto Plc - Rio Tinto Limited’s associated companies, holding company, joint ventures and trusts, both domestic and international.
History
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