About

We work in 35 countries – in mines, smelters and refineries, as well as in sales offices, data centres, research and development labs and with artificial intelligence. Our geologists explore the Earth’s wildest terrain. Our wildlife specialists work to protect and conserve grizzly bears in Canada and migratory shorebirds in Western Australia. Our marketing teams make sure our essential materials meet the specific needs of customers around the world.

We are home to one of the world’s largest robots and maybe one of the smallest – we call him Mark. We built a wind farm 200 kilometres south of the Arctic Circle to help power our diamond mine, and in 2018 became the only major mining company to stop producing fossil fuels, including coal. We want to be part of the solution to climate change, and believe we are.

We aim to create superior, sustainable value for shareholders in partnership with our stakeholders by meeting our customers' needs, maximising cash from world-class assets and allocating capital with discipline.

We were founded in 1873, on the banks of the Rio Tinto river in Andalusia, Spain. We are proud of everything we have achieved. At Rio Tinto, we know our future is even brighter than our past.

Our values – care, courage and curiosity – guide how we work and how we treat each other.

Care: for people, for the communities in which we operate and for our environment

We act with care by prioritising the physical and emotional safety and wellbeing of those around us. We respect others, build trusting relationships and consider the impact of our actions. We look for ways to contribute to a better future for our people, communities and the planet.

Courage: to try new things, speak up and do what’s right

We act with courage by showing integrity, speaking up when something is not right and taking decisive action when needed. We are not afraid to try new things. We respond positively in difficult situations and demonstrate commitment to achieving shared goals.

Curiosity: to collaborate, learn and innovate

We act with curiosity by inviting diverse ideas and collaborating to achieve more together than can be done alone. We are continuously learning, creatively looking for better and safer ways of doing things. We draw inspiration from others and the world around us.

Our strategy

We are putting the low carbon transition at the heart of our business strategy. In 2021, we set new scope 1 and 2 greenhouse gas emissions targets, and refocused our business strategy on three areas:

• Accelerating our own decarbonisation, switching to renewable power, electrifying processing and running electric mobile fleets.
• Prioritising growth capital in commodities that are essential to the drive to net zero, and look to grow further in copper, battery materials and high-quality iron ore.
• Increasing our investment in R&D to speed up the development of products that will enable our customers to decarbonise quicker.

And to achieve this, we will work closely with governments, customers, communities, universities and other partners.

In doing all this, we will maintain our capital discipline and continue to pay attractive dividends. We will continue to focus on world class assets that generate cash flows through the cycle, and our financial strength allow us to do both, while also protecting us against inevitable volatility.