General presentation of Rio Tinto
The English group Rio Tinto is one of the principal specialists in the research, exploration and mining of iron, aluminium, copper, coal, industrial minerals and diamonds in the world. It achieves the largest part of its turnover from iron.
The principal activities of Rio Tinto take place in Australia, the United States, Canada, Latin America and South Africa.
The group became renowned as the fourth largest mining group in the world in 2009 with a capital of around 34 billion and was positioned 263rd in the 2008 list of the largest companies in the world.
The company also owns a number of mines and base metal factories in Canada with QIT Fer et Titane that works the world’s largest Ilmenite deposit as well as in Labrador, with a 59% shareholding in IOC, the largest iron mine in the country, and a 60% shareholding in the Akdov diamond mine in the North Western territories.
In 2013 Rio Tinto enlarged its range of equipment with a train supplied by the Qiqihar Railway Rolling Stone Co. Ltd., it was manufactured by a Chinese train company and is believed to take the largest charge capacity in the world; it can transport up to 155 tons per wagon, the maximum charge per axle is 44 tons, which means a total capacity charge for the train of 30,000 to 50,000 tons.
The price of Rio Tinto shares is currently quoted in the foreign section of the Euronext Paris stock market and is integrated into the calculation of the FTSE 100 stock market Index.
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