Rio Tinto Limited is an international business company engaged in metal and mineral production. The product groups of the Company include aluminum, copper and diamonds, energy and minerals, and iron ore. The business support groups of the Company include exploration, and technology and innovation. The Company produce aluminum, diamonds, iron ore and titanium dioxide feedstock in Canada, and thermal coal, copper, borates and talc in the United States. During the year ended December 31, 2008, the Company owned 30% of the copper mine, Escondida in Chile. During the year ended December 31, 2007, the Company completed the acquisition of Alcan Inc. In September 2009, Rio Tinto Limited completed the sale of its Corumba iron ore mine in Brazil and the associated river logistics operations to Vale S.A.
Quick Financial Synopsis
BRIEF: For the three months ended 31 March 2009, Rio TintoLimited's revenues decreased 22% to $9.54B. Net income decreased 38% to $1.81B. Revenues reflect adverse weather conditions in the Pilbara and an alignment of production with lower market demand. Net income was offset by loss on dispoal of interests in businesses, lower interest receivable & similar income and a decrease in share of profit of equity accounted units.
Company Address
Rio Tinto Limited
Level 33 120 Collins Street Melbourne VIC 3000
P: +613.92833333 F: +613.92833707