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Rio Tinto Plc Value Stock - Dividend - Research Selection

Rio tinto

ISIN: GB0007188757 , WKN: 852147

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Description of the company

Rio Tinto plc (Rio Tinto) is engaged in the exploration, extraction and processing of natural resources. The company's product group includes the product group aluminum, the product group copper, the group diamonds and minerals, the group energy products and iron ore products. Its products are iron ore, aluminum, copper, diamonds, coal, uranium, gold and industrial minerals (borax, titanium dioxide and salt). The iron ore businesses delivered record production and deliveries, and the copper business saw a second recovery in copper volumes. In August 2012, Orocobre Ltd acquired Borax Argentina S.A. from Rio Tinto Ltd, Rio Tinto Minerals Development Limited and Borax Europe Limited. In September 2012, the North American portion of the Alcan Cable division was sold to General Cable Corporation. As of December 31, 2012, the Company had a 51% interest in Turquoise Hill Resources Ltd., formerly known as Ivanhoe Mines.

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Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara

PERTH, Australia, May 26, 2024--In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment.