Rio Tinto Ltd (RIO)
Rio Tinto Ltd on the ASX Stock Exchange
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Rio Tinto is the 3rd largest diversified mining company in the world with specific world class
Iron Ore &
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.
Rio Tinto Ltd Quick Facts (as of Jan2012)
- Chairman: Mr Jan du Plessis
- CEO: Mr Tom Albanese
- Industry Group: Materials
- Shares on issue: 435,758,720
- Market Cap: $27,243,543,568