Rio Tinto Plc

Description

Founded in 1873, Rio Tinto Plc is the second largest metals and mining corporation in the world, as of 2020. The company is a producer of iron ore, copper, diamonds, gold, uranium, energy & minerals, and has grown over the years through meagers and acquistions. The company has iron ore business and its operations are located in the Pilbara region of Western Australia. The operations include five iron ore products, four port terminals, and a rail network of 1,700 kilometer. The company’s aluminium business includes aluminium smelters, bauxite mines, alumina refineries, and bauxite mines, which are located in Guinea, Australia and Brazil. The company’s energy & minerals segment has operations include refining, mining and marketing operations that are titanium dioxide, borates, uranium and iron ore concentrate and pellets.

Its Copper & Diamonds business is spread over various regions, including the United States, Australia, Mongolia, and Canada. Its non-managed operations are in Indonesia and Chile.  The company provides copper for wind turbines, titanium for household products, ore for steel, borates for crops, and aluminium for cars and smart phones. The company operates in 35+ countries through refineries, research and development labs, sales offices, mines, data centers and refineries.

The company is the third largest producer of mined diamonds. It produces 20% of the annual production of world's rough diamonds. The company recorded as the world's leading producer of copper from 1877 to 1891. The company listed on the London Stock Exchange and Australian Securities Exchange.