| Business Summary | | Rio
Tinto
PLC,
part
of
the
Rio
Tinto
Group,
is
an
international
mining
Company.
Rio
Tinto
produces
a
broad
range
of
metals
and
minerals,
sold
in
a
variety
of
markets
with
differing
economic
characteristics
and
pricing
mechanisms.
Metals,
such
as
copper
and
aluminum,
are
generally
sold
under
contract,
often
long
term,
at
prices
determined
by
reference
to
prevailing
prices
on
terminal
markets,
such
as
the
London
Metal
Exchange
and
COMEX
in
New
York.
The
Company's
management
structure
is
based
on
six
principal
product
groups:
Iron
Ore;
Industrial
Minerals;
Copper;
Comalco
(aluminum);
Energy;
and
Gold
&
Other
Minerals. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Rio
Tinto
PLC
is
an
international
natural
resource
company
with
substantial
interests
in
copper,
gold,
iron
ore,
coal,
aluminum
and
other
raw
materials
throughout
the
world.
For
the
six
months
ended
6/30/01,
net
sales
rose
16%
to
$5.28
billion.
Net
income
applicable
to
U.S.
GAAP
fell
8%
to
$574
million.
Revenues
reflect
increased
demand
for
iron
ore
and
coal.
Earnings
were
offset
by
higher
charge
on
the
joint
venture
turnover
and
a
$267
million
for
U.S.
GAAP
adjustments. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Robert Wilson, 56 | Chairman | R. Clifford, 52 | CEO,
Director | Jonathan Leslie, 49 | Director
and CEO, Copper Product Group | Gordon Sage, 52 | Director
and CEO, Industrial Minerals Group |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|