Rio Tinto Ltd
BRIEF: For the fiscal year ended 31 December 2012, Rio Tinto Limited revenues decreased 16% to $50.97B. Net loss before extraordinary items totaled $2.98B vs. income of $5.84B. Revenues reflect Iron Ore segment decrease of 18% to $24.28B, China segment decrease of 11% to $17.95B, Iron Ore, Avg. Price per Met. Ton, Total decrease of 24% to $196 per metric ton, Stripping Ratio -%- Grasberg decrease of 37% to 2.21%.
06/2009, Rights Issue, 21 new share for every 40 shares held @ AUD 28.29 (Factor: 1.267858)
Rio Tinto Limited (Rio Tinto) is engaged in finding, mining and processing mineral resources. The Company’s product group includes aluminium product group, copper product group, diamonds and minerals group, energy product group and iron ore products group. Its products are iron ore, aluminium, copper, diamonds, coal, uranium, gold and industrial minerals (borax, titanium dioxide and salt). Its iron ore businesses delivered record production and shipments, and its copper business showed a second half recovery in copper volumes. In January 2012, it acquired 2% of Ivanhoe Mines Ltd. In August 2012, Orocobre Ltd acquired Borax Argentina S.A. from Rio Tinto Ltd entities, Rio Tinto Minerals Development Limited and Borax Europe Limited. In September 2012, it sold the North American portion of its Alcan Cable business to General Cable Corporation. As of December 31, 2012, the Company had 51% interest in Turquoise Hill Resources Ltd.,formerly known as Ivanhoe Mines.