We’re on a mission to become the world’s most valued metals and mining business – for the people who invest in us, the people we work and partner with, and the communities around us
Our business
We operate in 35 countries where our 60,000+ employees are working to find better ways to provide the materials the world needs
Our purpose in action
Continuous improvement and innovation are part of our DNA
Innovation
The need for innovation is greater than ever
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Western Australia
While iron ore is central to our operations in WA, we have a diverse presence across the state, from salt, lithium, our diamond legacy and our promising copper-gold project
Providing materials the world needs in a responsible way
Climate Change
We’re targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Enabling ESG transparency
Our START™ initiative tracks traceability and responsible production of Rio Tinto materials.
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
2026 half year results
Announced on Wednesday 29 July 2026
Get the latest news, stories and updates
Driving generational growth in the Pilbara
Our plan to invest in Western Australia’s long-term iron ore legacy
Giving materials a second life
How we keep materials in circulation, from extraction to reuse
Driving toward lower emissions
Haul truck battery swapping technology trials are ramping up at Oyu Tolgoi
Discover more about life at Rio Tinto
Graduates and interns
If you want to drive real change, we have just the place to do it
In-house consulting
Discover how our in-house consultancy team, PACE, offers a unique opportunity to help shape Rio Tinto from the inside
Available jobs
Join our team
Rio Tinto is a leading international mining group in which 2 companies, Rio Tinto plc and Rio Tinto Limited are combined in a dual listed companies (DLC) structure. Rio Tinto plc and Rio Tinto Limited and their respective groups operate together as a single economic enterprise.
Following the approval of the DLC merger, Rio Tinto plc and Rio Tinto Limited entered into a DLC merger sharing agreement pursuant to which each company agreed:
to ensure that the businesses of Rio Tinto plc and Rio Tinto Limited are managed on a unified basis
to ensure that the boards of directors of each company comprise the same individuals
to give effect to certain arrangements designed to provide shareholders of each company with a common economic interest in the Rio Tinto Group
In addition, as part of the DLC structure, each company entered into a deed poll guarantee in favour of certain creditors of the other company and the obligations of other persons which are guaranteed by the other company subject to certain limited exceptions.
The Rio Tinto Group has a contractual relationship with Moody's Investor Services, Standard & Poor's and Fitch Ratings for the provision of rating information. Management of the Group meets these agencies at least annually and shares with them the Group's latest financial projections and business plan. Both Rio Tinto plc and Rio Tinto Limited continue to enjoy investment grade ratings. The following table shows Rio Tinto's current credit ratings.
Rio Tinto’s policies on financial risk management are defined such that the Group has a capital structure in place to manage the organisation through the commodity cycle and that the Group’s exposures may float with the market.
The Group is exposed to capital, liquidity, credit, commodity price, foreign exchange and interest rate risks.
Derivatives are used as and when required in order to manage the Group’s exposure in accordance with its underlying financial risk management principles.
Statement of Commitment
Rio Tinto makes use of bonds to finance medium-term financing requirements. A debt issuance program is used to issue debt instruments. Volumes, currencies and maturities of outstanding bonds will depend upon Rio Tinto's financing needs.
Instruments issued by Rio Tinto Finance (USA) plc, Rio Tinto Finance (USA) Limited or Rio Tinto Finance (USA) Inc. will be unconditionally and irrevocably guaranteed by Rio Tinto plc and Rio Tinto Limited.
The Bank of New York Mellon
Up to US$10 billion
HSBC
ANZ BNP PARIBAS CHINA CONSTRUCTION BANK (ASIA) CITIGROUP DEUTSCHE BANK ICBC MIZUHO SANTANDER CORPORATE & INVESTMENT BANKING SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING TD SECURITIES BANK OF CHINA BOFA SECURITIES CIBC CAPITAL MARKETS CRÉDIT AGRICOLE CIB HSBC J.P. MORGAN RBC CAPITAL MARKETS SMBC UBS INVESTMENT BANK
*Banks which are not in the above dealers group can be “dealer for the day” for a transaction.
Deutsche Trustee Company Limited
Deutsche Bank AG, London Branch
Rio Tinto makes use of unsecured debt to finance short-term financing requirements.
Commercial paper is a short-term unsecured debt security that a company issues in exchange for cash. Outstanding commercial paper volumes will depend upon Rio Tinto's short-term financing needs.
Instruments issued by Rio Tinto America Inc, Rio Tinto Finance (USA) Inc, and Rio Tinto Finance (USA) plc will be unconditionally and irrevocably guaranteed by Rio Tinto plc. Instruments issued by Rio Tinto (Commercial Paper) Limited will be unconditionally and irrevocably guaranteed by Rio Tinto Limited. In addition, Instruments are entitled to the benefit of deed poll guarantees entered into by each of Rio Tinto plc and Rio Tinto Limited pursuant to which each of Rio Tinto plc and Rio Tinto Limited has guaranteed the relevant contractual obligations of the other company (and the relevant obligations of other persons that are guaranteed by the other company).
Deutsche Bank Trust Company Americas
On 16 November 2021, Rio Tinto Finance plc and Rio Tinto Finance Limited entered into a US$7.5 billion multi-currency revolving credit facility with a syndicate of banks. The facility is guaranteed by Rio Tinto plc and Rio Tinto Limited. The facility has a five-year term (November 2026) and two, one-year extension options. The facility includes a US$6.2 billion denominated same day access swing-line facility. The funds made available under the facilities may be used for the general corporate purposes of the Group. The new facility replaced the US$7.5 billion dual tranche revolving credit facility dated 15 November 2013, last amended in November 2020.
Rio Tinto Other Debt amounts to $6.2 billion as of 31 December 2025 which is funding at the business unit or asset level. This is largely driven by Oyu Tolgoi which has $3.8 billion in project financing. In addition, there is $0.8 billion of other secured or unsecured debt at the business unit or asset level and a further $1.6 billion of lease liabilities held on balance sheet under IFRS 16.
1. These borrowings relate to the Oyu Tolgoi LLC project finance facility and the due dates stated represent the final repayment date. The interest rates stated are pre-completion and will increase by 1.2% post-completion, which is expected to happen in 2029 subject to meeting certain conditions.