We operate across 34 countries and 6 continents, where our 61,000+ employees are working to find better ways to provide the materials the world needs. 

Our core products – iron ore, copper, aluminium and lithium – are the building blocks of a cleaner, smarter future.

To meet growing demand, we’re focused on keeping our people safe, while running and delivering world‑class operations and projects.

And we’re committed to doing it responsibly – delivering lasting positive impact through deep expertise, strong social licence and long‑standing partnerships. 

Together, we’re solving global challenges and creating shared success.

Our mission

To be the most valued metals and mining business

Our purpose

Finding better ways™ to provide the materials the world needs

Our strategy

A diversified portfolio of world-class assets and projects in the right markets, underpinned by a strong balance sheet and social licence

Our objectives 

Our objectives are the priorities that guide everything we do. They’re the foundation for our place as the most valued metals and mining business.

  • People and safety first: Eliminating fatalities, keeping our people safe and helping them thrive, in a values-based performance culture.
  • Operational excellence: Unlocking the full value of our assets, simplifying and driving clear accountability, with financial discipline.
  • Excel in development: Optimising capital allocation and turning growth opportunities into long-term value.
  • Strong sustainability and social licence: Driving decarbonisation, being the most valued partner, ensuring guardrails on commercial performance to future-proof reputation, and earning trust with communities, partners and customers.

Our values 

Our people, culture and values create an environment where everyone feels safe, respected and empowered, so we can continue to find better ways together.

Care

Care about the safety of ourselves and others, creating an environment of trust, and the impact we have on our colleagues and others, communities and the environment.

Courage

Courage to show vulnerability, speak up and challenge when we can do better, and take ownership of our actions and outcomes to drive performance.

Curiosity

Curiosity to learn and grow in our fields of expertise, look for opportunities to solve problems with everyday innovation, and be open to different perspectives.

Our business model

Our business model delivers the value that matters most to our stakeholders. We are committed to being responsible operators and achieving excellence at every stage – from discovery to closure.

We’re committed to safety, and to working closely with the communities who host us. We aspire to be the partner of choice to find, build and operate businesses.

Find

We use new and advanced technologies to explore, discover and deliver attractive growth opportunities in the materials the world needs.

Build

We focus on the delivery of large and complex projects on time and on budget.

Operate

We own and operate mining and processing assets across the world and across commodities. We’re dedicated to operational excellence and to enabling our frontline teams to deliver.

Sell, move and buy

We market and deliver the materials our customers need, moving them safely, reliably and efficiently. Our procurement activities support our assets and projects, and strengthen local supply chains.

Close

We work with our stakeholders as we prepare our assets for closure, engaging with them on rehabilitation and social transition planning. We also manage and rehabilitate legacy closure sites. 

Who we create value for

Our people

Nothing is more important than making sure our people go home safe. We’re building a values-driven performance culture, where everyone feels accountable to deliver great outcomes with care, courage and curiosity.

Investors

It’s important that we understand our investors’ needs and vision for the company, and so we communicate and engage with them extensively throughout the year.

Communities

We listen to, consult and co-design solutions with communities and Indigenous Peoples to deliver shared benefits and respect for people, culture, land and environment.

Customers

Our customers are fundamental to our success. By building strong, enduring relationships based on trust, we work to deliver products that meet their needs today while supporting their ambitions for a low-carbon future.

Civil society organisations

We regularly engage with civil society organisations to understand societal expectations of Rio Tinto. Although our opinions may differ, we respect diverse views and are open to constructive, fact-based feedback and challenge.

Governments

Governments regulate our operations, are among our commercial partners, and receive revenue from our taxes and royalties.

Suppliers

We work in partnership with suppliers to deliver solutions that best support our business. Where possible, we partner with local and Indigenous businesses.

How we delivered value in 2025

We have a clear focus on delivering leading returns to shareholders, and lasting positive impact.

Industry-leading returns

We are focused on delivering leading returns to shareholders, and are committed to our returns policy of paying 40% to 60% of underlying earnings as dividends. We have a clear pathway to increase volumes, reduce costs, further strengthen our balance sheet, and release cash from our asset base, all of which will drive returns.

66.4%

Total shareholder return
(2024: 79.8%)

$6.5bn

Total dividends declared to shareholders
(2024: $6.5bn)

60%

10-year record of paying out
of underlying earnings as dividends

Lasting positive impact

Our operations deliver meaningful benefits to host communities, including the production of essential materials, job creation, small business growth, tax and royalty contributions, skills development, and targeted socioeconomic programs. We partner with communities and other stakeholders to understand their priorities and concerns, and our impact, and respond in ways that create long-term value.

$83bn

Paid in taxes and royalties over the past 10 years
(2024: $77bn)

$114.3m

Voluntary global social investment
(2024: $95.9m)

$34.4bn

Spent with suppliers globally
(2024: $31.0bn)

A$1.13bn

Spent with Indigenous businesses in Australia
(2024: A$926m)

15.4%

Contestable spend sourced from suppliers local to our operations
(2024: 14.8%)

Featured stories

Dave and solar panels, Kennecott operations

Turning slime into solar panels

Our Kennecott copper mine is extracting a rare, valuable metal from waste
Gudai-Darri solar farm, Pilbara

Harnessing renewables to decarbonise the Pilbara

Sun and wind will power one of the world's largest microgrids
Yarwun Alumina Refinery from the air

Could hydrogen help reduce emissions in the aluminium industry?

A new pilot program will help us find out

Most importantly, effective and responsive corporate governance manages our performance.

Overseen by our Board

Our success depends on effective and responsive corporate governance. Our Board oversees how we deliver on our purpose and strategy and monitors our culture to make sure it aligns with our values. The Board also oversees how we manage social and environmental risks and monitors our performance to ensure we generate value for shareholders while our business contributes to wider society.

Reflected in remuneration

Our Remuneration Policy is designed to support the delivery of our strategy in a responsible and sustainable way that reflects our purpose and values. It considers our financial and safety performance, our culture and our ESG measures, such as accelerating decarbonisation and strengthening our social licence. The main elements include base salary, short-term incentive plan (STIP) and long-term incentive plan (LTIP).

Tracked and measured

We measure our strategic progress through a mix of financial and non-financial key performance indicators (KPIs) that align with our purpose and strategy. In addition to key financial, operational and safety performance metrics, we track progress across ESG themes including gender, diversity and greenhouse gas (GHG) emissions.

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