Finding better ways to provide the materials the world needs
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
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world’s largest untapped high-grade iron ore deposit
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
Reports 2024
Download our 2024 suite of reports, including our 2024 Taxes and Royalties Paid Report, detailing $8.4 billion of taxes and royalties paid globally during the year
Get the latest news, stories and updates
Things You Can't Live Without
Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
Refuelling the mining industry
How can we power the world’s biggest machines with new fuel solutions?
Forging a low-carbon future
How we're working to decarbonise iron ore and steel
Discover more about life at Rio Tinto
Graduates and students
If you want to drive real change, we have just the place to do it
Empowering families with flexibility
Supporting new parents of any gender with equal access to parental leave
Available jobs
Join our team
Rio Tinto Other Debt amounts to $5.7 billion as of 31 December 2023 which is funding at the business unit or asset level. This is largely driven by Oyu Tolgoi which has $3.9 billion in project financing. In addition, there is $0.5 billion of other secured or unsecured debt at the business unit or asset level and a further $1.4 billion of lease liabilities held on balance sheet under IFRS 16.
Oyu Tolgoi LLC MIGA Insured Loan SOFR plus 2.65% due 2032 (1)
Oyu Tolgoi LLC Commercial Banks "B Loan" SOFR plus 3.4% due 2032 (1)
Oyu Tolgoi LLC Export Credit Agencies Loan 4.72% due 2033 (1)
Oyu Tolgoi LLC Export Credit Agencies Loan SOFR plus 3.65% due 2034 (1)
Oyu Tolgoi LLC International Financial Institutions "A Loan" SOFR plus 3.78% due 2035 (1)
Other secured loans
Other unsecured loans
Lease liabilities
Bank overdrafts
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.