Rio Tinto plc is one of the world's largest diversified metals and mining corporations. The company's business model spans the exploration, mining, and processing of mineral resources globally. Its operations are organized into three primary product groups: Iron Ore, Aluminium & Lithium, and Copper. In 2025, Iron Ore accounted for 48% of segmental revenue, driven by its world-class integrated operations in the Pilbara region of Western Australia. The Aluminium & Lithium segment contributed 29% of revenue, encompassing bauxite mining, alumina refining, aluminium smelting, and a growing lithium portfolio bolstered by the $6.7 billion acquisition of Arcadium Lithium in 2025. The Copper segment generated 23% of revenue, supported by major assets like the Oyu Tolgoi underground mine in Mongolia and the Kennecott mine in the US. Rio Tinto's geographic footprint is heavily concentrated in Australia and North America, with China being its largest end-market destination. The company maintains a strong competitive position through its vertically integrated supply chains, low-cost tier-one assets, and strategic pivot towards critical minerals essential for the global energy transition.
