Rio Tinto plc and Rio Tinto Limited operate as one business organization (Rio Tinto). Rio Tinto is a mining and exploration company. The Company’s business is finding, mining and processing mineral resources. Its major products include aluminum, copper, diamonds, energy products, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Rio Tinto’s activities are represented in Australia and North America. There are also businesses in South America, Asia, Europe and southern Africa. The Company’s product groups comprise: Aluminum; Copper and Diamonds; Energy and Minerals, and Iron Ore. The Company’s business support groups include Exploration and Technology and Innovation. In January 2009, the Company completed the sale of its 50% equity share of the Alcan Ningxia aluminum joint venture in China to Qingtongxia Aluminium Group Co Ltd.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Rio Tinto plc's revenues decreased 31% to $18.85B. Net income from Cont. Ops.decreased 65% to $2.46B. Revenues reflect lower sales from Iron Ore, Aluminum and Copper & Diamonds segments. Net income also reflects the presence of loss on disposal of interests in business vs. an income, decreased operating margin and a decrease in share of profit after tax of equity accounted units.
Company Address
Rio Tinto PLC
5 Aldermanbury Square London ENG EC2V 7HR
P: +4420.77812000 F: +4420.77811800