RIO TINTO Overview
Company Headquarters: London, UK
Founded: 1873
Workforce: ~46,000
Company Working: Rio Tinto is one of the leading mining and metal companies across the globe. It operates through four business segments, namely, aluminum, copper & diamonds, energy & minerals, and iron ore. Under its aluminum segment, the company operates five bauxite mines, four alumina refineries, and 14 aluminum smelters, along with three research & development centers. Rio Tinto is the largest producer of bauxite across the globe. In 2019, it produced 55.1 million tons of bauxite. The company has a strong global presence with about 60 operating sites (mines, smelters, and refineries) across 35 countries and 37,000 suppliers across the globe.
Strategy
Rio Tinto focuses on developing strong partnerships and collaborating with technology providers, local suppliers, governments, industry leaders, and NGOs as a part of a long-term growth strategy. The company primarily emphasizes on delivering value added-products to its customers, developing new markets for its materials, and focusing on improving operational efficiency to increase the profitability. Furthermore, it aims to strengthen its technical capabilities through research & development.
