Rio Tinto plc


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Q3 2020 Rio Tinto PLC Operations Review

Latest Developments


Scott Technology Awarded Contract By Rio Tinto

Rio Tinto Publishes Submission To Parliamentary Inquiry On Juukan Gorge

Rio Tinto Posts H1 Underlying Earnings Of $4,750 Million


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 and operations include approximately five iron ore products and approximately four port terminals. 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 across sectors including borates, iron ore concentrate and pellets, titanium dioxide and uranium.


Metal Mining

Contact Info

6 St. James's Square


United Kingdom


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

2.63 mean rating - 24 analysts
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Latest News

Latest News

Investors call for greater Rio accountability over destroyed ancient caves

British and Australian investment funds said on Monday that Rio Tinto's testimony last week over its destruction of ancient caves in Australia raised questions about the accountability of its senior leadership.

REFILE-Investors call for greater Rio accountability over destroyed ancient caves

British and Australian investment funds said on Monday that Rio Tinto's testimony last week over its destruction of ancient caves in Australia raised questions about the accountability of its senior leadership.

Rio Tinto didn't inform cave blast owners of other mine plans: CEO

Rio Tinto <RIO.AX> did not tell Aboriginal traditional owners of two ancient caves destroyed to mine iron ore about three alternative mine plans, its CEO told an inquiry on Friday, despite saying it had won fully informed consent for blasting.

2nd Circuit partly revives Rio Tinto shareholder lawsuit

A federal appeals court has partially revived a proposed class action against mining giant Rio Tinto and former top executives stemming from the company's failed venture in Mozambique.

Rio Tinto injects extra $200 mln in Jadar lithium project for feasibility study

Rio Tinto said on Thursday it approved nearly $200 million for its Jardar lithium project in Serbia that will be used to fund its feasibility study.

Rio Tinto touts 'V-shaped' China recovery as it beats profit expectations

Rio Tinto said on Wednesday it saw a sharp V-shaped recovery in China as stimulus spurred industrial activity, helping its first-half profit handily beat market expectations.

Rio Tinto first-half profit drops 4%

Anglo-Australian miner Rio Tinto's first-half profit fell 4% on Wednesday, as coronavirus-driven disruptions spurred a drop in copper shipments, overshadowing the impact of higher iron ore prices.

Rio Tinto posts strong second quarter iron ore shipments, sees China demand recovery

Rio Tinto on Friday reported a 1.5% rise in iron ore shipments for the second quarter and said demand for the steelmaking ingredient was improving in China as its economy recovers from the coronavirus outbreak.

Rio Tinto to shutter New Zealand aluminium smelter, putting jobs and economy in peril

Rio Tinto said on Thursday it will close its aluminium smelter operation in New Zealand due to high costs and a challenging market, putting over a thousand jobs on the line and dealing a blow to the country's top power producers.

China's Nanjing Iron & Steel seals blockchain iron ore deal with Rio Tinto JV

China's Nanjing Iron & Steel Co Ltd said on Wednesday it has completed its first blockchain-backed trade in iron ore after booking a $16.87 million shipment of the steelmaking ingredient from a joint venture of miner Rio Tinto.

Rio Tinto cuts reserves at Mongolian copper project as costs rise

Rio Tinto on Friday cut estimated reserves at its underground copper mine extension in Mongolia and confirmed it would face delays and higher costs after ground instability forced it to redesign its mine plan.

Rio Tinto says schedule, costs at Oyu Tolgoi within earlier estimates

Rio Tinto said on Friday that schedule and cost estimates for its Oyu Tolgoi project in Mongolia were in line with its earlier forecasts after completing an updated feasibility study for a new design in the mine.

Turquoise Hill to defer any interim funding talks on Mongolian mine with Rio Tinto

Turquoise Hill Resources Ltd <TRQ.TO> said on Thursday it has decided to defer further discussions on any interim funding arrangements with Rio Tinto <RIO.L> for its Mongolian copper project.

UPDATE 1-Rio Tinto reaches power supply deal with Mongolia for Oyu Tolgoi mine

* Rio Tinto will source power from China until plant is on stream (Adds background, context, analyst comment)

Rio Tinto launches board-led review into sacred caves blast

Rio Tinto on Friday launched a board-led review into how the miner destroyed two ancient and sacred Aboriginal caves in Western Australia, stepping up its response to the blasts after weeks of public criticism and shareholder dismay.

Rio Tinto launches internal review after sacred caves blast

Rio Tinto said on Friday it will look at ways to improve its internal processes and governance after drawing the ire of indigenous groups and the Australian government for blasting two ancient sacred Aboriginal caves.

2nd Circuit urged to revive shareholder lawsuit against Rio Tinto

A lawyer for investors on Thursday urged the 2nd U.S. Circuit Court of Appeals in New York to revive a class action against mining giant Rio Tinto stemming from a failed mining venture in Mozambique.

Preview: 2nd Circuit to weigh Rio Tinto investor lawsuit over failed mining venture

The 2nd U.S. Circuit Court of Appeals in New York will hear arguments Thursday over whether to revive an investor class action against mining giant Rio Tinto stemming from a failed mining venture in Mozambique.

BHP sticks with spending strategy, Rio eyes M&A amid coronavirus shock

BHP Group will stick with its capital allocation framework despite the impact of the coronavirus pandemic while Rio Tinto is eyeing M&A, the chief executives of the miners said on Tuesday.

BHP completes first yuan-based iron ore sale to China's Baosteel

The world's top listed miner BHP Group said on Tuesday it had made its first yuan-denominated sale of iron ore to China Baoshan Iron & Steel Co Ltd (Baosteel) and would explore using blockchain for such transactions in future.

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