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Rio Tinto - statistics & facts

Rio Tinto is an Australian-British multinational corporation, and is among the leading mining companies in the world. The company engages in the mining and production of commodities such as aluminum, iron ore, copper, uranium, and diamonds. It is the second-ranked mining company in the world based on its market capitalization, and it ranks third in terms of net income. As of 2021, the company was also the third-leading diamond producing company in the world behind ALROSA and De Beers.

A brief history of Rio Tinto

Rio Tinto was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain from the Spanish government. The company is now operating in many countries, and has grown through a series of mergers and acquisitions to have one of the most valuable brands in the mining industry, with a brand value estimated at around 3.3 billion U.S. dollars.

Rio Tinto's financial standing

Rio Tinto has joint head offices in both London, England, and Melbourne, Australia. As of 2022, Rio Tinto employed nearly 54,000 employees worldwide. The company’s 2022 revenue amounted to 55.55 billion U.S. dollars, and its net income in that year stood at approximately 12.4 billion U.S. dollars. The company has operations in many different countries, with operations in China accounting for the largest share of its revenue.

Rio Tinto's extractive activities

Although it is primarily focused on the extraction of minerals, Rio Tinto also has significant operations in refining, particularly for refining bauxite and iron ore. Accordingly, the largest share of the company’s segmental revenue in 2022 was generated from its Iron Ore segment.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Feb 28, 2024

Key insights

Rio Tinto's largest revenue-generating region
China
U.S.-generated revenue share of Rio Tinto
13.9%
Rio Tinto's highest earning product group
Iron ore
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Editor’s Picks Current statistics on this topic

Revenue of Rio Tinto in 2023, by segment (in million U.S. dollars)

Mining, Metals & Minerals

Rio Tinto's revenue by segment 2023

Number of employees at Rio Tinto from 2010 to 2023 (in thousands)

Mining, Metals & Minerals

Number of Rio Tinto's employees 2010-2023

Distribution of Rio Tinto's revenue in 2023, by country

Mining, Metals & Minerals

Rio Tinto's revenue distribution 2023, by country

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Overview

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Overview

Financials

7

Financials

Segments

5

Segments

Production

6

Production

Competitors

6

Competitors

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