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The Daily Insight

What kind of company is Rio Tinto?

Author

Christopher Harper

Updated on April 04, 2026

mining and metals company
Rio Tinto is a mining and metals company operating in 35 countries around the world. Our purpose is to produce the materials essential to human progress. Our four product groups bring this purpose to life: Aluminium, Copper, Minerals and Iron Ore.

Is Rio Tinto the largest mining company?

Rio Tinto Group is an Anglo-Australian multinational and the world’s second-largest metals and mining corporation, behind BHP, producing iron ore, copper, diamonds, gold and uranium.

Is BHP Australian owned?

BHP Billiton is a proudly Australian company and makes a significant contribution to the Australian economy.

What is Glencore doing in Zambia?

Glencore temporarily halted copper mining Mopani in April 2020, prompting a threat by the Zambian government to suspend Glencore’s mining license. Zambia will now seek a new investor in Mopani, and will need about $300m to complete expansion projects started by Glencore.

What does Rio Tinto mean?

1873: On 29 March, a group of British and European investors formed The Rio Tinto Company to reopen ancient copper mines beside the Rio Tinto (meaning red river) in southern Spain.

What did Rio Tinto do?

Mining giant Rio Tinto must rebuild a 46,000-year-old Aboriginal cave system it blew up in May, an Australian parliamentary inquiry has said. The Juukan Gorge caves in Western Australia were destroyed as part of an iron ore exploration project. Rio Tinto repeated its apology and pledged to change its practices.

Which is the richest mining company in the world?

Glencore
List of largest mining companies by revenue

No.CompanyRevenue (billion US dollars)
1Glencore220.1
2BHP43.6
3Rio Tinto40.7
4China Shenhua Energy38

How big is Glencore?

Glencore

TypePublic limited company
RevenueUS$142.338 billion (2020)
Operating incomeUS$(3.663) billion (2020)
Net incomeUS$(3.946) billion (2020)
Total assetsUS$118.000 billion (2020)