Rio Tinto Annual Report 2022
At a glance
Our business
We operate in 35¹ countries where our 54,000 employees are working to find better ways to
provide the materials the world needs. Our portfolio includes iron ore, copper, aluminium, lithium
and other materials needed for people, communities and nations to grow and prosper, and for the
world to cut carbon emissions to net zero.
We have been mining for 150 years, and we continue to build on a history and knowledge that span
generations and continents. Today, our business relies on technology such as automation and
artificial intelligence to help us run safer, more efficient operations and leave a lighter footprint.
Iron Ore
Segmental
revenue
$30.9bn
(2021: $39.6bn)
Employees
15,000
(2021: 13,000)
Our products
Our portfolio includes iron ore, aluminium,
bauxite, alumina, copper, diamonds, titanium
dioxide, lithium, salt and borates.
For more information
see pages 36-43.
Iron Ore
Aluminium
Copper
Minerals
Underlying
EBITDA
Operations and projects²
• Operations
★ Projects
$18.6bn
(2021: $27.6bn)
2
Production
(100% basis)
324.1Mt
iron ore
(2021: 319.7Mt)
Aluminium
Segmental
revenue
$14.1bn
(2021: $12.7bn)
Employees
15,000
(2021: 14,000)
1. Includes our mines and production facilities, main exploration activities and countries where we have a significant presence through
activities including research and development, commercial, sales, and corporate functions.
2. This map does not include our offices, processing and shipping facilities, or research and development centres. Operations and
projects are indicated according to their product group. For example, Simandou is an iron ore project but is reported under Copper.
The Iron Ore Company of Canada is an iron ore operation but is reported under Minerals due to the management structure.
The dots on the map are indicative and in some locations we have more assets than visually represented due to the size of the map.
Annual Report 2022 | riotinto.com
Underlying
EBITDA
$3.7bn
(2021: $4.4bn)
Production
(our share)
54.6Mt
bauxite
(2021: 54.3Mt)
3,009kt
aluminium
(2021: 3,151kt)View entire presentation