Suppliers are also advised to view our “Prepare to move it right” video below. We value suppliers who: Our Supplier Code of Conduct sets out our expectations of suppliers and their subsidiaries and subcontractors with respect to key issues ranging from health and safety, compliance, human rights, environment and reporting. Mining companies around the world are under growing shareholder pressure to reduce their carbon footprint and take stringent climate actions to cut down on emissions, as calls for a shift towards cleaner forms of energy accelerate. The average Rio Tinto … Quant Ratings. Company producing major products are aluminum, copper, diamonds, gold, industrial minerals (borates, titanium dioxide and salt), iron ore, and uranium. In compliance with the Supplier Code of Conduct, The way we work and our Business Integrity Standard, neither Rio Tinto nor our suppliers can commit, or become involved in, bribery or corruption in any form. How we process personal data provided or obtained through this website. With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. If you have questions regarding our Supplier Code of Conduct, or about our expectations of our suppliers and business partners, please email us. Rio Tinto's chairman and a director will step down over the destruction of two ancient Aboriginal rock shelters. These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences. Rio Tinto statement on amended assessments. Now he has a surprising new prediction for '21. At Rio Tinto our goal is to challenge you and help you build a rich and rewarding career with us. One group, representing 0.02% of shares, proposed that Rio disclose short, medium and long-term targets for direct and indirect greenhouse gas emissions and chalk out its performance against those targets, according to the proposed resolution. With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. Book Value is a widely used stock evaluation measure. Market Digest: IPG, NTAP, NVDA, RIO, LRLCY, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. FTSE 100 6,630.52 The most important outcome from this solution will be improved safety on our sites. Charts. At Rio Tinto, we know our future is even brighter than our past. myVoice lets you report serious concerns anonymously or confidentially, 24 hours a day, 365 days a year, in multiple languages. These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. The solution will enable easy on-boarding, simplified invoicing processes and clarify who is working on site. Registered users can explore, bookmark and comment on hundreds of referenced online resources that contain examples of vision statements, used as management tools in actual business context. Currency in USD, Trade prices are not sourced from all markets, Man Who Predicted Rise of AMZN Has New Prediction. Read more . The Rio Tinto 52-week low stock price is 35.35, which is 57.7% below the current share price. Working at Rio Tinto means touching people’s lives: from exploring new materials to finding ways to tackle climate change. “Working for a company with these values is very important to me. The 46,000-year-old Juukan Gorge rock … In aggregate, Rio Tinto PLC currently has a Value Score of B, putting it into the top 40% of all stocks we cover from this look. Odey Asset Management has accused Rio Tinto of destroying value through lack of action over problems at Turquoise Hill, through which Rio Tinto owns a giant copper mine in Mongolia. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. You also help Rio Tinto to continue nurturing a safe, inclusive and respectful working environment. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Learn more today. We do not ever offer, give, demand or accept any financial or other forms of favour to, or from, any person in order to secure business or any other advantage. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. A second group, representing 0.01% of Rio shares, asked the company to undertake an annual review of industry lobbyists to identify inconsistencies with the 2015 Paris Agreement and suspend membership of those out of line with the objectives. Our Business. We may choose not to work with suppliers who do not meet our expectations. We expect our suppliers to support and respect the human rights of their workers, consistent with the Universal Declaration of Human Rights. Health and safety is our number one priority and we expect the same commitment from our partners. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us). Rio Tinto’s recent earnings of $12.45 billion not only surpassed last year’s numbers of $10.37 billion by more than 20%, but also beat analysts expectations of $12.02 billion handily. Compounded. We offer an exceptional work environment where people are valued and respected for their individual differences. We expect companies and individuals that work with us to share our values: safety, teamwork, respect, integrity and excellence. We produce iron ore for steel, aluminium for cars and smart phones, copper for wind turbines, diamonds that set the standard for “responsible”, titanium for household products and borates for crops that feed the world, Rio Tinto is a mining and metals company operating in about 36 countries around the world, We produce materials essential for human progress, Iron ore, one of the most abundant metals on Earth, is the primary raw material used to make steel, We work in about 35 countries – in mines, smelters and refineries, as well as in sales offices, data centres, research and development labs, In the Pilbara region of Western Australia, we own an integrated portfolio of iron ore assets: a world-class, integrated network of 16 mines, We work hard to leave a lasting, positive legacy everywhere we work, We see ourselves as water stewards and take that commitment seriously, We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society, Our reporting reflects our commitment to sustainability and transparency. Rio Tinto Group (RIO) Value Grade and underlying metrics. If you become aware, or have reason to suspect, that misconduct or improper circumstances or behaviours connected to Rio Tinto are contemplated, occurring, or may have occurred, you are strongly encouraged to raise your concerns in a timely manner. With this in mind, we are always looking at value, growth, and momentum trends to discov Should Value Investors Buy Rio Tinto (RIO) Stock? They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site. A comprehensive collection of external supplier resources. PE ratios, EBITDA, EPS, cash flow, ROE. Rio Tinto Chairman Simon Thompson is stepping down over the company's destruction of a 46,000-year-old, sacred Indigenous site in Australia, becoming the latest in … Rio Tinto had around 46,007 employees around 35 countries as on 2019. Many of our policies are available in multiple languages. Market capitalization of Rio Tinto (RIO) Market cap: $135.32 B As of March 2021 Rio Tinto has a market cap of $135.32 B.This makes Rio Tinto the world's 91th most valuable company by market cap according to our data. The work combines two key factors that drew Kairala to Rio Tinto – innovation and a commitment to environmental stewardship. The materials we produce are essential to human progress, and we see that progress driven by our people. Our Strategy. The all-time high Rio Tinto stock closing price was 138.73 on May 16, 2008. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. Rio Tinto’s strategy focuses on the “four Ps” – portfolio, performance, people and partners – underpinned by disciplined capital allocation. Find the latest Rio Tinto Plc (RIO) stock quote, history, news and other vital information to help you with your stock trading and investing. Rio Tinto (NYSE: RIO) expenses have trended steadily lower from around $29.0 billion in 2016 to about $26.6 billion in 2018. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. | Nasdaq Skip to main content Cookies contain information that is transferred to your computer's hard drive. Rio Tinto is set to start face-to-face negotiations with the government of Mongolia as its seeks to complete the $6.75bn expansion of a huge copper project in the Gobi desert.. © 2021 Verizon Media. When you voice your concern, this will give Rio Tinto the opportunity to address instances of potential misconduct that may cause harm to people, reputation or success of the company. View our latest reports including annual report, climate change and sustainability, Discover the work we're doing with innovation, communities and our employees, From underground miners to data scientists, we want your hard work, dedication and outside-the-box thinking. MELBOURNE, Australia--(BUSINESS WIRE)-- The Australian Taxation Office (ATO) has issued Rio Tinto Limited with amended assessments of A$359.4m (US$279.8m) primary tax and A$47.1m (US$36.7m) of interest. Our contractor engagement solution will make it easier to work with Iron Ore. With your consent, our website uses cookies to distinguish you from other users of our website. Suppliers may be required to participate in our pre-screening process, which requires companies and individuals to provide sufficient evidence to meet or exceed minimum standards of health, safety, the environment, human rights, quality management and financial capacity, as well as ethical and anti-corruption practices. Contractor Engagement Solution essentials: An overview, Modern Slavery & Human Trafficking Statement 2019, Report a concern through our myVoice website >, Have the ability to work closely and in partnership with local and Indigenous businesses and local communities, Manage and communicate product health and safety risks, Have a strong commitment to health and safety management and the elimination of workplace injuries and illness, Have processes in place to assure compliance with safety policies, Reduce our collective environmental footprint through their practices, products and services, Giving visibility of upcoming work opportunities and enabling suppliers to register interest through the Rio Tinto Buy Local portal, Providing a dedicated team to support local suppliers through our procurement processes, Supporting the delivery of capability building programmes to strengthen and grow local businesses, Offering adjusted payment terms for Australian small businesses. If and as needed, we can work with prospective suppliers to help them achieve the required standards. In his statement on the board review, Simon Thompson, chairman of Rio Tinto, said : “It is clear that no single individual or error was responsible for the destruction of the Juukan rockshelters, but there were numerous missed opportunities over almost a decade and the company failed to uphold one of Rio Tinto’s core values – respect for local communities and for their heritage. All rights reserved. Our suppliers may be required to become familiar with our freight management requirements. Our strategy is to create superior value for shareholders by meeting our customers' needs, maximising cash from our world-class assets and allocating capital with discipline. We do not use or make payments to speed up routine administrative actions. The Vision section contains a free online catalogue illustrating the use of organizational vision statements in practice by organizations from around the world. That compared to a profit of $8.01 billion in 2019. You can turn to the myVoice whistleblower programme. DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE:PLTR) announced today it has signed a multi-year enterprise agreement for its Foundry Platform with Rio Tinto (ASX:RIO… The SEC filed a complaint against Rio in 2017 with allegations that it had fraudulently concealed the decline in value of the business. Compare with other stocks. Discover a wide range of company and business-related Rio Tinto documents in PDF form. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. The Rio Tinto 52-week high stock price is 92.85, which is 11% above the current share price. Protesters rally outside the Rio Tinto office in Perth, Australia, on June 9, 2020. In aggregate, Rio Tinto PLC currently has a Value Score of B, putting it into the top 40% of all stocks we cover from this look. The Anglo-Australian group is sending a team of senior executives to the capital Ulaanbaatar to try and hammer out a new financing agreement so that the development timeline can be maintained and underground … In depth view into Rio Tinto Price to Book Value including historical data from 1990, charts, stats and industry comps. Rio Tinto Buy Local is designed to help local Western Australian businesses to bid for work with us by: Visit the Rio Tinto Buy Local portal to find out more. These documents relate to policies and standards of Rio Tinto. Discover Rio Tinto's strategy & values today. Rio Tinto, the world's second-biggest mining company by market value, on Wednesday reported a net profit of $9.77 billion for 2020. There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data. Learn more about the world's leading mining operations company today Find the latest Book Value for Rio Tinto PLC (RIO) We are pioneers – exploring the boundaries of everything we do. Rio Tinto's core values of respect, integrity, teamwork and accountability serve as a foundation of doing business the right way with customers and communities … These Cookies allow us to analyse site usage in order to evaluate and improve its performance. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws. Rio Tinto controls gross assets of $81 billion in value across the globe, with main concentrations in Australia (35%), Canada (34%), Europe (13%), and the United States (11%), and smaller holdings in South America (3%), Africa (3%), and Indonesia (1%). Metals and mining stocks were the worst-performing sector on London’s FTSE 100 index on Tuesday, as a fall in copper and iron prices weighed on a basket of major producers that are listed in the U.K. For further questions about our Contractor Engagement Solution please contact us. Our suppliers must uphold fundamental human rights including but not limited to: Equal treatment without distinction based on gender, race, age, religion, Freedom from forced labour, including access to employee documentation. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. Our five values – safety, teamwork, respect, integrity and excellence – define how we treat each other and how we … Upon successful award of a contract, suppliers may also be required to provide additional information for our contractor management system, if applicable, including but not limited to health and safety practices, insurance coverage, and company and personnel qualifications. Cookies contain information that is transferred to your computer's hard drive. With your consent, our website uses cookies to distinguish you from other users of our website. We expect suppliers to respect and adhere to our Business Integrity Standard, including rules around the giving and receiving of gifts and entertainment. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at digital.comms@riotinto.com). Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. When recently reshuffling his top ranks, Mr. Stausholm chose an executive seasoned in China relations, Simon Trott, to lead Rio Tinto's important and very profitable iron-ore business. 82.52 -0.88 (-1.06%)Pre-Market: 9:06AM EST, Subscribe to Premium to view Fair Value for RIO. RIO TINTO GROUP is UK and Australia based Metals and Mining Company. He called the bottom of stocks in 2009, and recommended AMZN before it soared an extraordinary 1,020%.