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Morningstar

Morningstar

Apr 21, 2026

Rio Tinto Group: Rio Tinto: On Track Despite Inclement Weather Affecting Pilbara Iron Ore Sales Volumes

Symbols

RIO

Sector(s)

Basic Materials

Rating

Current Price

100.58

Fair Value

Economic Moat

Stewardship

Summary

Rio Tinto is a global diversified miner. Iron ore is its major commodity, with lesser contributions from copper and aluminum. Lithium, diamonds, gold, and industrial minerals are more minor contributors. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida

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