Rio Tinto plc (ADR)


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Q2 2021 Rio Tinto PLC Operations Review

Latest Developments


Rio Tinto Says Directors' Remuneration Report Not Approved At AGM

Rio Tinto Says Elysis Selects Alma Smelter For Commercial Size 450 KA Inert Anode Prototype Cells

Rio Tinto Says Qtrly Pilbara Iron Ore Shipments (100% Basis) 77.8 MT


About Rio Tinto plc (ADR)

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

Jakob Stausholm

Chief Executive Officer, Chief Financial Officer, Executive Director

Peter Cunningham

Interim Chief Financial Officer

Bold Baatar

Chief Executive - Rio Tinto Copper

Sinead Kaufman

Chief Executive - Rio Tinto Minerals

Key Stats

1.60 mean rating - 5 analysts
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Latest News

Latest News

Rio Tinto shareholders reject executives' pay in caves blast backlash

A majority of Rio Tinto's shareholders rejected the global miner's executive pay packages on Thursday, in a backlash over its destruction last year of ancient rock shelters in Western Australia.

UBS names new general counsel, carves out digital executive role

UBS on Tuesday named Rio Tinto legal executive Barbara Levi as its new general counsel, replacing Markus Diethelm who will retire in November.

Investors oppose Rio Tinto pay report over rock shelter outrage

Shareholders, including Norges Bank and the Local Authority Pension Fund Forum (LAPFF), said they voted against Rio Tinto's remuneration report at its London annual meeting (AGM) on Friday.

Rio Tinto signs binding agreement with Turquoise Hill for Oyu Tolgoi financing

Rio Tinto said on Friday it has reached a binding agreement with Turquoise Hill Resources to update funding plans for the massive Oyu Tolgoi copper-gold mine in Mongolia. ( (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Shounak Dasgupta)

Dunkirk smelter deal provides a window into GFG's complex web of financing

Sanjeev Gupta's $500 million purchase of Europe’s largest aluminium smelter from Rio Tinto in 2018 was the steel tycoon’s first big industrial deal financed through traditional bank debt.

Australian Aboriginal group opposes billionaire miner's plan to build dams

The Australian Aboriginal group whose sacred rock shelters Rio Tinto destroyed last year rejected a plan by mining company Fortescue's founder Andrew Forrest to build dams along a river in the same region, citing the cultural damage it would cause.

UPDATE 1-Australian Aboriginal group opposes billionaire miner's plan to build dams

The Australian Aboriginal group whose sacred rock shelters Rio Tinto destroyed last year rejected a plan by mining company Fortescue's founder Andrew Forrest to build dams along a river in the same region, citing the cultural damage it would cause.

Australia sees record $104 billion of iron ore exports this financial year

Australia expects to log a record A$136 billion ($103.85 billion) from iron ore exports this financial year, as global steel-making recovers after a COVID-19 led downturn, a government report showed on Monday.

Rio Tinto faces class action suit over Mongolia copper project

The largest minority shareholder in Rio Tinto's Mongolian copper project Oyu Tolgoi has filed a class action lawsuit in New York, claiming the company concealed massive cost overruns and delays.

Aboriginal group has 'no visibility' on Rio Tinto's heritage reforms

An Australian Aboriginal group on whose lands Rio Tinto Ltd mines for iron ore said that heritage reforms Rio announced on Tuesday lacked detail and that it had yet to see an improved approach to cultural heritage management.

Rio Tinto inks deal to sell first batch of scandium alloy from North America

Rio Tinto said on Thursday it had signed an agreement to supply the first batch of its aluminium-scandium alloy produced in North America to additive manufacturer and developer Amaero, to be used to develop powder for 3D printing.

Aboriginal group to rate miners like Rio, Fortescue on performance

An Aboriginal group on Wednesday said it plans a scorecard to rate miners in Western Australia's iron ore heartland on how well they comply with various environmental, social and governance metrics.

Shareholders ask Rio Tinto to disclose climate targets, review lobby associations

Two small groups of Rio Tinto shareholders proposed resolutions for the mining giant to disclose emission targets and review its association with lobby groups, Rio said on Tuesday.

Turquoise Hill profit jumps 41% on higher copper, gold production

Canada's Turquoise Hill Resources Ltd posted a 41.4% rise in quarterly profit on Monday, helped by higher copper prices and increased production of copper and gold at its Oyu Tolgoi mine in Mongolia.

Activist investor Pentwater takes aim at Turquoise, Rio boards over CEO exit

Activist investor Pentwater Capital Management LP on Friday condemned the surprise resignation of Turquoise Hill Resources Ltd's chief executive officer following pressure from the Canadian miner's top shareholder Rio Tinto.

UPDATE 4-Turquoise Hill CEO exits after Rio Tinto pressure, shares tumble

Canada's Turquoise Hill Resources Ltd said on Thursday Chief Executive Officer Ulf Quellmann has resigned after top shareholder Rio Tinto said it would vote against his re-election to the board.

Rio Tinto chairman becomes latest high-profile departure after caves blast

Rio Tinto, the world's biggest iron ore miner, said on Wednesday its chairman would step down next year to take responsibility for the destruction of ancient rock shelters, the latest in a string of high-profile departures over the blasts.

Rio Tinto executives say goodbye to 2020 with chunky payouts

Three Rio Tinto executives forced to leave the company after the destruction of sacred rock shelters at Juukan Gorge in Western Australia all closed off the year with substantial payouts, Rio's annual report released on Monday showed.

Governments from Mongolia to Mali seek to reopen mining deals

Some resource-rich developing countries are seeking to rewrite mining contracts and accelerate dividend payouts, which can take years to materialize under deals that experts said are tilted in companies' favor.

Rio Tinto hands back cash on profit beat, record iron ore

Rio Tinto on Wednesday reported its best annual earnings since 2011 and declared a record dividend payout, the second major iron ore producer to return windfalls to investors after unprecedented prices and demand for the steel ingredient.

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