RIO

Rio Tinto plc
D

RIO

63.510
USD
-0.82
(-1.27%)
Market Closed
Volume
157,320
EPS
7
Div Yield
6.85
P/E
9
Market Cap
103,157,254,520
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News

Title: Rio Tinto plc

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Rio Tinto PLC is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.
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