With operations on six continents, Rio Tinto is among the world leaders in the production of many commodities, including aluminium, iron ore, copper, uranium, coal, and diamonds. Although primarily focused on extraction of minerals, Rio Tinto also has significant operations in refining, particularly for refining bauxite and iron ore.
Rio Tinto’s Aluminium group?s underlying earnings increased by 124 per cent in 2014 to US$1,248 million.
- The Aluminium group has one of the lowest carbon footprints in the aluminium industry. The group has reduced greenhouse gas emissions by 40 per cent since 2008.
Source: 2014 annual report (pdf – page 30)
FIT WITH BRAVO
In order to deliver long term sustainable returns, Rio Tinto’s Business Model is to find, develop and operate world-class assets in a sustainable manner throughout their lifecycle (to include facility closure and rehabilitation). Committed to finding ever safer, smarter and more sustainable ways to run our businesses, our competitive advantages spring from a combination of our assets, our people, our capabilities and our values, ensuring that Rio Tinto maintains a positive reputation and upholds our license to operate.? The company will proactively engage with BRAVO EIP on projects that deliver value for Rio Tinto; the broader industry; the environment; and the European Union.