Sector: Basic Materials | Industry: Integrated Mining |
Company Contact | |
Address: | 6 St James's Square LONDON SW1Y 4AD |
Tel: | N/A |
Website: | https://www.riotinto.com |
IR: | See website |
Key People | ||
Dominic S. Barton Chairman of the Board | Mark Davies Chief Technical Officer | Jakob Stausholm Chief Executive Officer, Executive Director |
Peter Lloyd Cunningham Chief Financial Officer, Executive Director | Bold Baatar Chief Executive - Copper | Sinead Kaufman Chief Executive - Minerals |
Kellie Parker Chief Executive - Australia | Jerome X. Pecresse Chief Executive - Aluminium | Simon Trott Chief Executive - Iron Ore | James Martin Chief People Officer |
Business Overview |
Rio Tinto plc is a United Kingdom-based mining and metals company. The Company operates in 35 countries where it produces iron ore, copper, aluminum, critical minerals and other materials needed for the global energy transition. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment is engaged in mining and salt and gypsum production in Western Australia. Aluminum segment is engaged in bauxite mining, alumina refining, and aluminum smelting. Copper segment is engaged in mining and refining of copper, gold, silver, molybdenum, other by-products and exploration activities which is the responsibility of the Copper product Company chief executive. Minerals segment includes businesses with products such as borates, titanium dioxide feedstock together with the iron ore company of Canada (iron ore mining and iron concentrate/pellet production). It also includes diamond mining, sorting and marketing and development projects for battery minerals, such as lithium. |
Financial Overview |
For the fiscal year ended 31 December 2023, Rio Tinto plc (ADR) revenues decreased 3% to $54.04B. Net income decreased 19% to $10.06B. Revenues reflect Aluminium segment decrease of 13% to $12.29B, United States segment decrease of 15% to $7.52B, Iron Ore Production -Hope Downs decrease of 5% to 23.2M metric tons. Net income also reflects Impairment of Fixed Asset increase from $0K to $1.17B (expense). |
Employees: | 57,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $112,322M as of Dec 31, 2023 |
Annual revenue (TTM): | $54,041M as of Dec 31, 2023 |
EBITDA (TTM): | $22,555M as of Dec 31, 2023 |
Net annual income (TTM): | $10,058M as of Dec 31, 2023 |
Free cash flow (TTM): | $1,604M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $3,561M as of Dec 31, 2023 |
Shares outstanding: | 1,623,712,805 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |