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Rio Tinto Ltd (RIO)Rio Tinto Ltd on the ASX Stock ExchangeAccess the latest stock market reports on Rio Tinto Ltd at the bottom of the page. s it time to Buy, Sell or Hold Rio Tinto Ltd (RIO)? Rio Tinto is the 3rd largest diversified mining company in the world with specific world class interests in:
The aluminium side of the business in 2007 accounted for 69% of the company’s underlying assets and 15% of the underlying earnings. Suffice to say Aliminium is a large part of Rio Tinto’s business plan. Copper and Gold accounted for 5.9% of the groups operating assets and 47.5% of underlying earnings. Diamonds account for 1.8% of the operating assets and 6.7% of underlying assets. The major Diamond fields for Rio Tinto are located in Australia, Canada and Zimbabwe. Energy in the form of coal accounted for 4.9% of RIO’s operating assets and 3.8% of underlying earnings. This also includes interests in Uranium in Namibia. Iron ore plays a major part of the business accounting for 13% of Rio Tinto’s operating assets and 36.3% of underlying earnings. The Industrial minerals include minerals such as borates, industrial salt, talc and titanium dioxide feedstock.
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