RIO

Rio Tinto plc
D

RIO

62.350
USD
-0.21
(-0.34%)
Market Closed
Volume
82,331
EPS
7
Div Yield
6.98
P/E
9
Market Cap
101,259,702,430
OverviewSignalsIdeasNews
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News

Title: Rio Tinto plc

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Rio Tinto 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.