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rio tinto plc (RTPPF) Snapshot

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52 Week High
02/19/14 - $60.25
52 Week Low
12/15/14 - $40.50
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rio tinto plc (RTPPF) Details

Rio Tinto plc is engaged in finding, mining, and processing mineral resources worldwide. The company is involved in the mining and production of aluminum products, including bauxite, alumina, and aluminum; copper, gold, silver, and molybdenum; diamonds, borates, salt, and titanium dioxide feedstocks, as well as high purity iron, metal powders, zircon, and rutile; thermal and coking coal, and uranium; and iron ore. It primarily operates in China, Japan, other countries in Asia, the United States, the United Kingdom, Europe, Canada, and Australia. Rio Tinto plc was founded in 1873 and is based in London, the United Kingdom. Rio Tinto plc operates as a subsidiary of Rio Tinto Group.

66,331 Employees
Last Reported Date: 03/14/14
Founded in 1873

rio tinto plc (RTPPF) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $3.1M
Chief Financial Officer, Executive Director a...
Total Annual Compensation: $1.8M
Chief Executive of Iron Ore
Total Annual Compensation: $1.4M
Chief Executive of Energy
Total Annual Compensation: $1.3M
Chief Executive of Diamonds and Minerals
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2013.

rio tinto plc (RTPPF) Key Developments

Rio Tinto plc Reports Production Results for the Fourth Quarter and Full Year 2014

Rio Tinto plc reported production results for the fourth quarter and full year 2014. For the quarter, the company reported global iron ore shipments of 82.2 mt, global iron ore production of 79.1 mt, mined copper of 128.3 kt, Bauxite of 10,794 kt, aluminium of 842 kt, hard coking coal of 1,656 kt, semi soft and thermal coal of 5,502 kt and titanium dioxide feedstock of 316 kt. For the full year, the company reported global iron ore shipments of 302.6 mt, global iron ore production of 295.4 mt, mined copper of 603.1 kt, Bauxite of 41,871 kt, aluminium of 3,361 kt, hard coking coal of 7,471 kt, semi soft and thermal coal of 25,099 kt and titanium dioxide feedstock of 1,443 kt.

Rio Tinto Appoints Megan Clark as Non-Executive Director

Rio Tinto appointed Megan Clark as a non-executive director. Dr. Clark has had an extensive career in both the private and public sector in Australia, combining expertise in the metals and mining business with high-level experience in science, research and technology. She is chief executive of Australia's national research agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

Rio Tinto Approves the Development of Fourth Pipe, A21 At the Remote Subarctic Diavik Mine Site

Rio Tinto has formally approved the development of a fourth pipe, known as A21, at the remote subarctic Diavik mine site. The A21 pipe development was part of the original mine plan and is estimated to cost USD 350 million over four years. The Diavik Joint Venture (Rio Tinto 60%; Dominion Diamond Corporation 40%) has approved the 2015 programme of works and the A21 diamond production is planned for late 2018. The A21 production will provide an important source of incremental supply for Diavik, ensuring the continuation of existing production levels. The A21 kimberlite pipe is located just south of Diavik's existing mining operations. A21 development will require rockfill dike construction to encircle the ore body located just offshore of existing mining operations at Lac de Gras. Diavik will utilize the same innovative design and engineering technologies used to construct the Diavik mine's two other dikes that enabled mining of three existing pipes. Diavik's ore reserves will be formally updated in the first quarter of 2015. The current mine plan has production ending in 2023.


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