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 programme 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.
Issuer
Coupon %
Date of Issue
Maturity
Ccy
Amount (m)
Amount1 (USDm)
ISIN
BONDS
Rio Tinto Finance (USA) plc
4.375%
11/03/2025
12/03/2027
USD
500
US76720AAQ94
Rio Tinto Finance (USA) Limited
7.125%
27/06/2008
15/07/2028
750
US767201AD89
4.500%
14/03/2028
US76720AAR77
FRN
US76720AAY29
Alcan Inc
7.250%
28/10/1998
01/11/2028
100
US013716AN50
Rio Tinto Finance plc
4.000%
04/12/2012
11/12/2029
GBP
807
XS0863076930
4.875%
14/03/2030
1750
US76720AAS50
23/03/2001
15/03/2031
400
US013716AQ81
5.000%
14/03/2032
1250
US76720AAT34
06/03/2023
09/03/2033
650
US76720AAN63
6.125%
08/12/2003
15/12/2033
US013716AU93
5.250%
14/03/2035
US76720AAU07
5.750%
31/05/2005
01/06/2035
300
US013716AU59
5.200%
28/10/2010
02/11/2040
US767201AL06
17/05/2011
19/09/2011
350
4.750%
19/03/2011
22/03/2042
US76720AAD81
4.125%
16/08/2012
21/08/2042
US76720AAG13
2.750%
28/10/2021
02/11/2051
US767201AT32
5.125%
09/03/2053
1100
US76720AAP12
14/03/2055
US76720AAV89
5.875%
14/03/2065
US76720AAW62
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.
Rio Tinto cash tender offer targeting $1.2 billion of its 3.750 per cent notes due 2025
Rio Tinto prices US$1.25 billion of 30-year 2.750% fixed rate notes
Rio Tinto announces purchase price for cash tender offer for 2025 notes
Rio Tinto announces expiration and results of its offer to purchase its 3.750 per cent Notes due 2025
Rio Tinto launches new debt reduction programme
Rio Tinto prices its EUR cash tender offer
Rio Tinto completes $1.94 billion gross debt reduction
Rio Tinto launches new debt reduction programme for up to $2.5 billion
Rio Tinto to reduce gross debt by $781 million through cash tender offers
Rio Tinto prices cash tender offers
Rio Tinto launches new debt reduction programme for up to $3 billion
Rio Tinto to reduce gross debt by $1.5 billion through September cash tender offers
Rio Tinto launches new cash tender offers for up to $3 billion of its 2018, 2020, 2021 and 2022 notes
Rio Tinto prices Any and All Offer
Rio Tinto to purchase $1.747 billion debt under Any and All Offer
Rio Tinto to reduce gross debt by $3 billion through its June tender offers
Rio Tinto prices Maximum Tender Offer
Rio Tinto is using its strong liquidity position to reduce gross debt through the early repayment of some near term debt maturing in 2017 and 2018.
Rio Tinto prices its Any and All Tender Offer
Rio Tinto to purchase $1.359 billion debt under Any and All Offer
Rio Tinto to reduce gross debt by $1.5 billion through its tender offers
Rio Tinto prices Dutch Auction Offer
Rio Tinto launches cash tender offer for its $2.5 billion July 2013 bond
Rio Tinto prices tender offer and extends offer period
Rio Tinto announces results of its tender offer