Rio Tinto - Company Profile
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Business Description
Rio Tinto carries out the exploration, mining, and processing of various mineral resources. Its portfolio of products includes aluminum, copper, diamonds, industrial minerals (borax, titanium dioxide, and salt), gold, iron ore, and uranium.
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R&D Overview
Research and development (R&D) is focused on discovering new minerals and metals by capitalizing on new technologies, which could deliver the projects and optimize its operations. It also entered into a partnership with ELYSIS and completed the construction of the Research & Development Center at Complexe Jonquiere in Saguenay, Quebec, Canada. In FY2022, it spent US$76 million on R&D, which accounted for 0.1% of the company’s revenue.
Business Segments
Overview
Produces bauxite, alumina, and aluminum. Operates fully-integrated facilities, including bauxite mines, large-scale alumina refineries, and aluminum smelters. Also, operates mines and smelters in Australia, Brazil, France, Canada, Iceland, New Zealand and Oman. Mining assets include Gove, Weipa/Ely, BC Works, Saguenay – Lac-Saint-Jean, and MRN Porto Trombetas. Some of its refinery assets include Amrun, Yarwun, Porto Trombetas, Alouette, Arvida, Kemano, Dunkerque, Sangaredi, and ISAL. Operates R&D facilities in France, Canada, and Australia.
Performance
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Overview
Offers mineral products such as copper and by-products of copper such as gold, silver, and molybdenum. Owns interests in copper-gold mines at Kennecott in the US and Oyu Tolgo in Mongolia.
Performance
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Overview
Supplies seaborne iron ore and operates integrated iron ore mines at Pilbara regions in Western Australia. Operates port facilities and supporting infrastructure including the Operations Center in Perth. Major mining assets include Pilbara Blend, Yandicoogina, and Robe Valley. Also, carries out salt and gypsum production in Western Australia.
Performance
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Overview
Comprises mining and refining operations of borates, titanium dioxide feedstock together with the Iron Ore company of Canada. Operates processing plants, and commercial and research facilities. Also, includes diamond mining, marketing, and sorting.
Performance
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Overview
Comprises the company’s exploration, and technology and innovation business groups. Operates projects such as AutoHaul and Oyu Tolgoi. Intends to support industrial and operational technology to enhance profitability.
Performance
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Geographical Segments
- Asia (excluding Greater China and Japan)
- Australia
- Canada
- Europe (excluding UK)
- Greater China
- Japan
- Other Countries
- UK
- United States of America
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, UAE, Russia, Republic of Korea, Morocco
Performance
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Performance
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Performance
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