We’re on a mission to become the world’s most valued metals and mining business – for the people who invest in us, the people we work and partner with, and the communities around us
Our business
We operate in 35 countries where our 60,000+ employees are working to find better ways to provide the materials the world needs
Our purpose in action
Continuous improvement and innovation are part of our DNA
Innovation
The need for innovation is greater than ever
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Aluminium
Lightweight and infinitely recyclable, aluminium is found in everything from jet engines to electric vehicles to mobile phones
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Western Australia
While iron ore is central to our operations in WA, we have a diverse presence across the state, from salt, lithium, our diamond legacy and our promising copper-gold project
Providing materials the world needs in a responsible way
Climate Change
We’re targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Enabling ESG transparency
Our STARTâ„¢ initiative tracks traceability and responsible production of ÌÇÐÄvlogÈë¿Úmaterials.
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
2026 half year results
Announced on Wednesday 29 July 2026
Get the latest news, stories and updates
Supplying a new era of growth
AI, digital infrastructure and electrification are driving new demand for our metals and minerals
What is block caving?
An innovative underground mining method using gravity to help extract ore from deep copper and gold deposits
How aluminium is made and why it matters
The journey from red rock to the metal we use every day
Discover more about life at Rio Tinto
Graduates and interns
If you want to drive real change, we have just the place to do it
In-house consulting
Discover how our in-house consultancy team, PACE, offers a unique opportunity to help shape ÌÇÐÄvlogÈë¿Úfrom the inside
Available jobs
Join our team
ÌÇÐÄvlogÈë¿Úis a leading international mining group in which 2 companies, ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited are combined in a dual listed companies (DLC) structure. ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited and their respective groups operate together as a single economic enterprise.
Following the approval of the DLC merger, ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited entered into a DLC merger sharing agreement pursuant to which each company agreed:
to ensure that the businesses of ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited are managed on a unified basis
to ensure that the boards of directors of each company comprise the same individuals
to give effect to certain arrangements designed to provide shareholders of each company with a common economic interest in the ÌÇÐÄvlogÈë¿ÚGroup
In addition, as part of the DLC structure, each company entered into a deed poll guarantee in favour of certain creditors of the other company and the obligations of other persons which are guaranteed by the other company subject to certain limited exceptions.
The ÌÇÐÄvlogÈë¿ÚGroup has a contractual relationship with , and for the provision of rating information. Management of the Group meets these agencies at least annually and shares with them the Group's latest financial projections and business plan. Both ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited continue to enjoy investment grade ratings. The following table shows Rio Tinto's current credit ratings.
Rio Tinto’s policies on financial risk management are defined such that the Group has a capital structure in place to manage the organisation through the commodity cycle and that the Group’s exposures may float with the market.
The Group is exposed to capital, liquidity, credit, commodity price, foreign exchange and interest rate risks.
Derivatives are used as and when required in order to manage the Group’s exposure in accordance with its underlying financial risk management principles.
Statement of Commitment
ÌÇÐÄvlogÈë¿Úmakes use of bonds to finance medium-term financing requirements. A debt issuance programme is used to issue debt instruments. Volumes, currencies and maturities of outstanding bonds will depend upon Rio Tinto's financing needs.
Instruments issued by ÌÇÐÄvlogÈë¿ÚFinance (USA) plc, ÌÇÐÄvlogÈë¿ÚFinance (USA) Limited or ÌÇÐÄvlogÈë¿ÚFinance (USA) Inc. will be unconditionally and irrevocably guaranteed by ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited.
The Bank of New York Mellon
Up to US$10 billion
HSBC
ANZ BNP PARIBAS CHINA CONSTRUCTION BANK (ASIA) CITIGROUP DEUTSCHE BANK ICBC MIZUHO SANTANDER CORPORATE & INVESTMENT BANKING SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING TD SECURITIES BANK OF CHINA BOFA SECURITIES CIBC CAPITAL MARKETS CRÉDIT AGRICOLE CIB HSBC J.P. MORGAN RBC CAPITAL MARKETS SMBC UBS INVESTMENT BANK
*Banks which are not in the above dealers group can be “dealer for the day” for a transaction.
Deutsche Trustee Company Limited
Deutsche Bank AG, London Branch
ÌÇÐÄvlogÈë¿Úmakes use of unsecured debt to finance short-term financing requirements.
Commercial paper is a short-term unsecured debt security that a company issues in exchange for cash. Outstanding commercial paper volumes will depend upon Rio Tinto's short-term financing needs.
Instruments issued by ÌÇÐÄvlogÈë¿ÚAmerica Inc, ÌÇÐÄvlogÈë¿ÚFinance (USA) Inc, and ÌÇÐÄvlogÈë¿ÚFinance (USA) plc will be unconditionally and irrevocably guaranteed by ÌÇÐÄvlogÈë¿Úplc. Instruments issued by ÌÇÐÄvlogÈë¿Ú(Commercial Paper) Limited will be unconditionally and irrevocably guaranteed by ÌÇÐÄvlogÈë¿ÚLimited. In addition, Instruments are entitled to the benefit of deed poll guarantees entered into by each of ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited pursuant to which each of ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited has guaranteed the relevant contractual obligations of the other company (and the relevant obligations of other persons that are guaranteed by the other company).
Deutsche Bank Trust Company Americas
On 16 November 2021, ÌÇÐÄvlogÈë¿ÚFinance plc and ÌÇÐÄvlogÈë¿ÚFinance Limited entered into a US$7.5 billion multi-currency revolving credit facility with a syndicate of banks. The facility is guaranteed by ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited. The facility has a five-year term (November 2026) and two, one-year extension options. The facility includes a US$6.2 billion denominated same day access swing-line facility. The funds made available under the facilities may be used for the general corporate purposes of the Group. The new facility replaced the US$7.5 billion dual tranche revolving credit facility dated 15 November 2013, last amended in November 2020.
Issuer
Coupon %
Date of Issue
Maturity
Ccy
Amount (m)
Amount1 (USDm)
ISIN
BONDS
ÌÇÐÄvlogÈë¿ÚFinance (USA) plc
4.375%
11/03/2025
12/03/2027
USD
500
US76720AAQ94
ÌÇÐÄvlogÈë¿ÚFinance (USA) Limited
7.125%
27/06/2008
15/07/2028
750
US767201AD89
4.500%
14/03/2028
US76720AAR77
FRN
US76720AAY29
Alcan Inc
7.250%
28/10/1998
01/11/2028
100
US013716AN50
ÌÇÐÄvlogÈë¿ÚFinance plc
4.000%
04/12/2012
11/12/2029
GBP
807
XS0863076930
4.875%
14/03/2030
1750
US76720AAS50
23/03/2001
15/03/2031
400
US013716AQ81
5.000%
14/03/2032
1250
US76720AAT34
06/03/2023
09/03/2033
650
US76720AAN63
6.125%
08/12/2003
15/12/2033
US013716AU93
5.250%
14/03/2035
US76720AAU07
5.750%
31/05/2005
01/06/2035
300
US013716AU59
5.200%
28/10/2010
02/11/2040
US767201AL06
17/05/2011
19/09/2011
350
4.750%
19/03/2011
22/03/2042
US76720AAD81
4.125%
16/08/2012
21/08/2042
US76720AAG13
2.750%
28/10/2021
02/11/2051
US767201AT32
5.125%
09/03/2053
1100
US76720AAP12
14/03/2055
US76720AAV89
5.875%
14/03/2065
US76720AAW62
ÌÇÐÄvlogÈë¿ÚOther Debt amounts to $6.2 billion as of 31 December 2025 which is funding at the business unit or asset level. This is largely driven by Oyu Tolgoi which has $3.8 billion in project financing. In addition, there is $0.8 billion of other secured or unsecured debt at the business unit or asset level and a further $1.6 billion of lease liabilities held on balance sheet under IFRS 16.
1. These borrowings relate to the Oyu Tolgoi LLC project finance facility and the due dates stated represent the final repayment date. The interest rates stated are pre-completion and will increase by 1.2% post-completion, which is expected to happen in 2029 subject to meeting certain conditions.
ÌÇÐÄvlogÈë¿Úcompletes $1.94 billion gross debt reduction