Rio Tinto
| Use attributes for filter ! | |
| Web site | www.riotinto.com |
|---|---|
| Headquarters | London |
| United Kingdom | |
| Ceo | Jean-Sébastien Jacques |
| Revenue | 40. 52 billion USD (2018) |
| Subsidiaries | Aluminium division of Rio Tinto |
| Parent organizations | Rio Tinto |
| Did you know | Rio Tinto is the third-largest mining company in the world by revenue (45. 1 billion US dollars). |
| Date of Reg. | |
| Date of Upd. | |
| ID | 697041 |
About Rio Tinto
Rio Tinto is an Anglo-Australian multinational and one of the world's largest metals and mining corporations. The company was founded in 1873, when a multinational consortium of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government.
The Australian climate protesters cast as extremists
... With an annual output of more than A$100bn (£52bn; $67bn), it powers the national economy and is home to global mining giants, including Rio Tinto and BHP...
How a tiny radioactive capsule was found in Australia's vast outback
...By Antoinette RadfordBBC NewsOn 25 January, when mining company Rio Tinto reported that one of their Caesium-137 radioactive capsules had gone missing, Western Australian authorities faced a seemingly impossible task...
Missing radioactive capsule found in Australia
... Mining giant Rio Tinto apologised for losing the device, which could have posed a serious danger if handled...
Mining giant 'sorry' over lost radioactive capsule in Australia
...By Monica MillerBBC NewsMining giant Rio Tinto says it is working with authorities to try to find a radioactive capsule that went missing in Western Australia this month...
Uniqlo owner U-turns and suspends operations in Russia
... On Thursday, Rio Tinto became the first major mining company to cut ties with Russian businesses, and Japan s Sony and Nintendo suspended deliveries of gaming consoles...
Coronavirus: Global shares fall for the fifth day in a row
... be applied to Miner Rio Tinto lost 1...
'Little sign of change' for number of women in top roles
... Companies with more than 40% female board membership include Standard Life Aberdeen, Schroders and Royal Bank of Scotland, while those with 25% or fewer women on the board include National Grid and Rio Tinto...
The shareholders fighting to make oil firms greener
... The ACCR backed the Equinor motion in May, and has filed others like it against firms such as BHP Billiton and Rio Tinto...
Uniqlo owner U-turns and suspends operations in Russia
The owner of Uniqlo has made a U-turn and decided to suspend operations in Russia.
Fast Retailing said it faced " operational challenges" due to the " worsening of The Conflict situation" after Russia's invasion of Ukraine.
Earlier in the week it had said it would keep its Russian shops open, saying that clothing is a " necessity of life".
But it now joins a rush of global brands halting operations in Russia.
Fast Retailing said Uniqlo could " no longer proceed" in Russia despite its earlier pledge to provide clothing to people affected by conflict.
" Uniqlo has made everyday clothing available to the General Public in Russia.
" However, we have recently faced A Number of difficulties, including operational challenges and the worsening of The Conflict situation. For this reason, we will temporarily suspend our operations. "
Corporate pull-backRussia's invasion of Ukraine has led to major economic sanctions from The West and many companies calling a halt to trading or otherwise pulling back from Russia.
On Thursday, Rio Tinto became The First major mining company to cut ties with Russian businesses, and Japan's Sony and Nintendo suspended deliveries of gaming consoles.
Japanese construction machinery supplier Hitachi said it would stop exports and cease most operations in Russia except for vital electrical power facilities, following similar moves by US companies Caterpillar, 3M, Deere and Honeywell.
" We took multiple factors including the supply chain situation into account, " a Hitachi spokesperson said, echoing a statement from Caterpillar.
The Nikkei newspaper reported Hitachi had suspended operations in Russia following pressure from the Ukrainian government.
Entertainment giant Sony, which had already stopped releasing films in Russia, suspended The Launch of racing game " Gran Turismo 7".
Food companies Nestle, Mondelez, Procter & Gamble and Unilever have halted investment in Russia, but said they would continue providing essentials.
Fast Food slowdownthat it would.
The Fast Food giant has said that The Move , which includes continuing to pay its 62,000 staff and restaurant employees in Russia, will cost about $50m (£38m) a month.
" This is a really challenging and complex situation for a global company like us, " said chief financial officer Kevin Ozan.
A Number of other US food retailers, including Starbucks, PepsiCo and Coca-Cola Co, have said they will stop some or all business in Russia following the Ukraine invasion.
Nationalisation warningOn Thursday, the Izvestia newspaper reported that The Russian government had put together a list of about 60 foreign companies that could be nationalised in response to the suspension of operations.
The newspaper said firms including Apple, Ikea, Microsoft, IBM, Shell, McDonald's, Porsche, Toyota and H& M could have their accounts and assets seized, and " external management" brought in,
It is unclear how the nationalised companies would be able to sell the products associated with those firms.
War in Ukraine: More coverageSource of news: bbc.com
