Rio Tinto - Company Profile
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Business Description
Rio Tinto is a mining company involved in the exploration, mining, and processing of mineral resources. It offers products including aluminium, lithium, copper, and iron ore. The company serves industries such as transport, energy infrastructure, construction, and technological infrastructure. Rio Tinto combines mining and downstream processing capabilities, with operations in the Pacific and Atlantic regions and growth projects in Argentina, Canada, and Chile. The company's key projects include the Western Range, Brockman, Hope Downs 2, West Angelas Sustaining, and Simandou. It has presence in 342 countries across six continents. The company has a diversified offering that includes low-carbon primary and secondary aluminium, recycled aluminium, and value-added products.
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R&D Overview
Rio Tinto has undertaken several R&D initiatives, including the extraction of primary gallium from bauxite at the Vaudreuil alumina refinery in Canada, in collaboration with Indium Corporation. Additionally, the company is developing a self-generated renewable diesel program through its Pongamia project in Queensland, Australia, aiming to support the production of sustainable fuels. The company is also focused on technology development to advance R&D breakthroughs, particularly in reducing emissions. The R&D unit of Rio Tinto is responsible for assessing technology advancement and implementing projects that have a meaningful impact on emissions abatement. This includes managing the company's R&D spend and ensuring projects proceed into implementation. In FY2025, it spent US$524 million on R&D, which as a percentage of revenue, stood at 0.9%.
Business Segments
Overview
Focused on bauxite mining, alumina refining, aluminium smelting, recycling, and lithium mining and processing. Serves the transport, energy infrastructure, and construction sectors.
Performance
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Overview
Focuses on mining and refining copper, gold, silver, molybdenum, and other by-products. Serves industries involved in electrification and the global energy transition.
Performance
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Overview
Includes iron ore mining and salt and gypsum production in Western Australia, as well as iron concentrate and pellets from the Iron Ore Company of Canada. Serves industries such as steel manufacturing.
Performance
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Overview
Includes the company's 98.43% interest in Energy Resources of Australia, sites being rehabilitated under the management of Rio Tinto Closure, Rio Tinto Marine, and the remaining legacy liabilities of Rio Tinto Coal Australia.
Performance
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Geographical Segments
- Asia (excluding Greater China and Japan)
- Australia
- Canada
- Europe (excluding UK)
- Greater China (includes Taiwan)
- Japan
- Other Countries
- UK
- US
Target Markets
India, Singapore, Malaysia, Indonesia, Hong Kong, Mongolia, Kazakhstan, Laos and Philippines
Performance
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Performance
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Performance
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Target Markets
Germany, Sweden, the Netherlands, Italy, Serbia, Turkey, Belgium, Bermuda, Spain, Jersey, France, Luxembourg, Iceland, France and Switzerland
Performance
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Performance
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Performance
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Target Markets
Mozambique, Peru, Chile, Gabon, Zambia, Brazil, Mexico, Venezuela, New Zealand, Papua New Guinea, Madagascar, Namibia, South Africa, Mauritius, the UAE, Russia, Republic of Korea, and Morocco.
Performance
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Performance
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Performance
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