Rio Tinto plc


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Q4 2019 Rio Tinto PLC Operations Review

Latest Developments


Rio Tinto Notes Mongolian Parliament Resolution On Oyu Tolgoi

Rio Tinto To Curtail Ops At Richards Bay Minerals

Rio Tinto Invests $1.5 Bln To Continue Production At Kennecott Copper To 2032


About Rio Tinto plc

Rio Tinto plc is a mining and metals company. The Company's business is finding, mining and processing mineral resources. The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade. Its Iron Ore product operations are located in the Pilbara region of Western Australia. The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters. Its bauxite mines are located in Australia, Brazil and Guinea. The Copper & Diamonds segment has managed operations in Australia, Canada, Mongolia and the United States, and non-managed operations in Chile and Indonesia. The Energy & Minerals segment consists of mining, refining and marketing operations in over 10 countries, across six sectors: borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium.


Metal Mining

Contact Info

6 St. James's Square


Executive Leadership

Simon Robert Thompson

Executive Chairman of the Board

Jean-Sebastien Jacques

Chief Executive, Executive Director

Jakob Stausholm

Chief Financial Officer, Executive Director

Bold Baatar

Chief Executive - Energy & Minerals

Alfredo Antonio Barrios

Chief Executive - Rio Tinto Aluminium

Key Stats

2.56 mean rating - 27 analysts
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Latest News

Latest News

Apple buys first-ever carbon-free aluminium from Alcoa-Rio Tinto venture

Apple Inc <AAPL.O> on Thursday said it has bought the first-ever commercial batch of carbon-free aluminium from a joint venture between two of the world's biggest aluminium suppliers.

U.S. copper frenzy grows as Rio Tinto plans $1.5 billion Utah mine expansion

Rio Tinto Plc <RIO.L> <RIO.AX> said on Tuesday it would spend $1.5 billion to expand its Kennecott copper mine in Utah, part of a growing trend by miners to invest in strategic mineral projects across the United States.

Canada's First Quantum may team-up with Rio Tinto to develop Peru copper mine

Canadian miner First Quantum Minerals Ltd <FM.TO> is looking for strategic partners to develop new copper projects and a joint venture with Rio Tinto <RIO.L> in Peru could be on the cards, First Quantum's chief executive officer said on Wednesday.

Rio Tinto faces having to renegotiate terms of Mongolian copper project

Rio Tinto <RIO.AX><RIO.L> faces renegotiating the terms of an agreement underpinning its Mongolian copper mine project, after lawmakers on Thursday approved plans to revise the deal to make it more beneficial for Mongolia.

UPDATE 2-Rio Tinto to pay $221 mln to fund Ranger uranium mine closure

Rio Tinto said it will subscribe to $221 million rights shares of Energy Resources of Australia Ltd (ERA), which has been desperately seeking funds to close and rehabilitate a controversial uranium mine.

Rio Tinto to invest $221 mln in Energy Resources to help mend uranium mine

Rio Tinto said on Friday it will invest $221 million to subscribe to rights shares of majority-owned Energy Resources of Australia Ltd (ERA), which has been desperately seeking funds to rehabilitate a controversial uranium mine in Australia.

UPDATE 2-Rio Tinto flags higher costs, cloudy Australian aluminium future

* Expects 5 pct increase in iron ore shipments next year (Adds executive quotes, details)

Australia's Rio Tinto sees 5% increase in 2020 iron ore shipment

Australia's Rio Tinto on Thursday forecast a 5% year-on-year rise in iron ore shipments for 2020 and also deferred $500 million of capital expenditure in 2019 to the next year.

Rio Tinto says miners need to leverage technology as scrutiny of the industry rises

Mining companies should make more use of technology to respond to increasing demands from investors and communities for responsible mining practices, Rio Tinto <RIO.AX><RIO.L> CEO Jean-Sébastien Jacques said on Monday.

METALS-Zinc gains as inventories fall, shrugs off hidden stock

* GRAPHIC-2019 asset returns: (Updates with closing prices)

NZ's Meridian says Rio Tinto considering options for aluminium smelter

Electricity generator Meridian Energy Ltd on Wednesday said New Zealand Aluminium Smelter owner Rio Tinto will conduct a strategic review of the smelter and was considering several options for the site, including closure.

Rio Tinto studying ways to produce lithium from waste rock at California mine

Rio Tinto Plc <RIO.L> is studying ways to extract lithium from waste rock at a mine it controls in California, making it the latest company trying to produce the battery metal in the United States for the fast-growing electric vehicle market.

UK stocks ease as market awaits Brexit deal update

London's domestically-focussed mid-cap index shed almost half of the previous session's more than 1% gain in early trade on Wednesday, with investors awaiting confirmation that a Brexit deal is really in the offing.

Rio Tinto quarterly iron ore shipments rise 5% on China demand

Global miner Rio Tinto <RIO.AX><RIO.L> said on Wednesday its third-quarter iron ore shipments rose 5%, helped by higher demand from Chinese steelmakers.

Rio Tinto quarterly iron ore shipments rise 5%

Global miner Rio Tinto said on Wednesday its third-quarter iron ore shipments rose 5%, helped by higher demand from Chinese steelmakers.

Rio Tinto signs its first Renminbi portside trading contract

Rio Tinto, one of the world's top iron ore miners, signed its first spot trading contract denominated in Chinese Renminbi on Friday, in an effort to diversify procurement channels for Chinese customers.

Rio Tinto scraps plans for Canadian iron ore unit sale, floatation - WSJ

Anglo-Australian miner Rio Tinto PLC <RIO.L> <RIO.AX> has cancelled plans for the sale or floatation of its Canadian iron ore business, following unsuccessful attempts to find buyers, the Wall Street Journal reported on Sunday.

Rio Tinto sees rosy future for diamonds despite end of Argyle

Rio Tinto <RIO.AX><RIO.L> is exploring for diamonds in Canada as part of its plans to stay in the sector despite the looming closure of its Argyle mine in Australia, known for extremely rare pink diamonds, the firm's head of copper and diamonds said.

Rio Tinto takes GFG Alliance to arbitration over outstanding smelter payments

Rio Tinto Plc has triggered an arbitration process with billionaire industrialist Sanjeev Gupta's GFG Alliance because the company did not make final payments for its purchase of the Dunkerque aluminium smelter in France, Rio said on Monday.

CORRECTED-(OFFICIAL)-Rio Tinto's Resolution copper project in Arizona moves step closer

Rio Tinto on Friday said it had moved a step closer to the development of a new copper project in Arizona, one of the few new major known deposits of the metal, with the potential to meet around a quarter of U.S. demand.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.