Who we are

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a public company listed on the London Stock Exchange, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.

Rio Tinto's business is finding, mining and processing mineral resources. Major products are aluminium, copper, diamonds, coal, uranium, gold, industrial minerals (borax, titanium dioxide, salt, talc), and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and Africa.

The Group's objective is to maximise its value and the long term return to shareholders through a strategy of investing in large, cost competitive mines and businesses driven by the quality of each opportunity.

Wherever Rio Tinto operates, the health and safety of its employees, and a contribution to sustainable development are key values. It works as closely as possible with host countries and communities, respecting their laws and customs and ensuring a fair share of benefits and opportunities.

2007 Annual report

The majority of Rio Tinto shareholders choose to receive the Annual report with Summary financial statements. The Summary financial statements do not allow as full an understanding of the Group as is provided in the Full financial statements. The Annual report together with the Full financial statements comply with Australian and UK statutory requirements. Copies of the Full financial statements may be obtained free of charge from the Companies' registrars whose details can be found in the Useful addresses of the Annual report.

All of Rio Tinto's shareholder documents are also available in electronic form. For further details please visit the Rio Tinto website www.riotinto.com

Record production, underlying earnings, cash flow and investment

• Record underlying EBITDA* of US$13,920 million, 11 per cent above 2006.
• Record underlying earnings* of US$7,443 million, one per cent above 2006.
• Net earnings* were US$7,312 million, two per cent below 2006.
• Cash flow from operations up 15 per cent to a record of US$12,569 million.
• Annual production records set for iron ore, bauxite, aluminium, refined gold and refined copper, on a like for like basis.
• Record capital expenditure of US$5.0 billion, a 25 per cent rise over 2006 and record new capital commitments exceeding US$8 billion (100 per cent basis) announced in 2007.
• Alcan acquisition successfully completed and Alcan's results included with effect from 24 October 2007.
• Ordinary dividend for the 2007 year increased 31 per cent to 136 US cents, with a further commitment to increase the 2008 and 2009 dividends by at least 20 per cent in each year.

Back to top