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Rio Tinto's Business Strategy And Swot Analysis

2914 words - 12 pages

Introduction
Background on RIO TINTO
Rio Tinto is a global mining and metal company. Their focus is on the finding, mining and the processing of the Earth’s minerals resources to maximise the value of their shareholders (customers).
Rio Tinto has the people, the capabilities and the resources to apply a world’s hunger for minerals and metals that are used in the everyday life, in the diverse of products – for the mobile phones to cars.
Rio Tinto’s global footprint is that there are working 66,000 people for Rio Tinto in more than 40 countries across six continents in the world , including their businesses in countries like Asia, Europe, Africa and Southern America. Rio Tinto is strongly represented in Australia and Northern America.
Rio Tinto’s head offices (headquarters) is in the United Kingdom (UK) , their company group comprises Rio Tinto plc is listed in a London and New York Stock Exchange company,also Rio Tinto Limited is listed in the Australian Securities Exchange. The global presents of Rio Tinto and their expertise in the technology world and marketing, this enables Rio Tinto to supply the right product, at the right quality at the right time to their stakeholders (customers).
Rio Tinto’s businesses include the opening of pits and underground mines, mills, refineries, smelters and power stations. This also includes the hydropower portfolio as well as the number of research and services facilities. Rio Tinto also has its own and operating infrastructure to take their products to their stakeholders (customers) in transport methods that include railways, ports and ships.
Rio Tinto’s diverse portfolio, so that they supply the metals and minerals that help the world to grow. Rio Tinto’s biggest products are aluminium (), copper(), diamonds(), industrial minerals that includes borates, titanium diode and salt, iron ore, thermal and metallurgical coal and uranium
Rio Tinto’s metal and minerals are transformed to a end product that contributes to the higher living standard and the financial development. Rio Tinto is representing at every point of the developing cycle, the iron ore that is building the fundamentals infrastructure, and more, the reliance of the supplying of metal and minerals that Rio Tinto is producing.
Since 1874 when Rio Tinto has started they have been unlocking the Earth’s wealth in mineral resources. Rio Tinto is generating their value for their stakeholders (customers) in the process in line with their business strategy. The ability for Rio Tinto to deliver exceptional returns over the time being, Rio Tinto is taking a long term activities and is responsible to the approach of the long term activities. This means that Rio Tinto is concentrating on the development of first –class orebodies into the long life of expandability and low cost operations since they started 140 years ago. ,Rio Tinto is capable of over handing competitive return through the business cycle.
The successfulness of Rio Tinto’s business is depended by...

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