Rio Tinto - M&A Summary and Business Overview

Metals/miningCompany

Rio Tinto M&A Summary

Rio Tinto has acquired 9 companies, including 3 in the last 5 years. It has also divested 14 assets.

Rio Tinto’s largest acquisition to date was in 2007, when it acquired Alcan for $38.1B. It’s largest disclosed sale occurred in 2017, when it sold Coal & Allied Industries to Yancoal Australia for $2.5B. Rio Tinto has acquired in 1 US state, and 5 countries. The Company’s most targeted sectors include metals/mining (89%) and oil/gas exploration (12%).

Rio Tinto Business Overview

Where is Rio Tinto headquartered?

Rio Tinto is headquartered in London, United Kingdom.

What is Rio Tinto’s revenue?

Rio Tinto disclosed revenue of 54,041M USD for 2023 and 55,554M USD for 2022.

How many employees does Rio Tinto have?

Rio Tinto has 57,000 employees.

What sector is Rio Tinto in?

Rio Tinto is a metals/mining company.

When was Rio Tinto founded?

Rio Tinto was founded in 1873.

M&A Summary

  • M&A Total Activity23
    • M&A Buy Activity9
    • M&A Sell Activity14
  • Total Sectors Invested 2
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 23
  • M&A Advisors 4

Rio Tinto

Rio Tinto plc

6 St James's Square,
London, SW1Y 4AD
United Kingdom,
+44 20 7781 2000
www.riotinto.com

Rio Tinto is a mining and metals company. The company engages in finding, mining and processing the Earth's mineral resources. Company take a long-term, disciplined approach, developing and running long-life, low-cost, expandable operations that are capable of delivering value throughout the cycle. Rio Tinto was founded in 1873 and is based in London, England.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 6 - - 2 - 1 9
vol $40.4B $3.9B $6.7B $51.1B
Sell (0.0/yr) # 14 - - - - - 14
vol $7.6B $7.6B
  23

Most Recent M&A

Company Date Value Type
Arcadium Lithium plc 2024-10-09 6.7B USD Add-on Acquisition
Buenos Aires, Argentina · www.arcadiumlithium.com
Turquoise Hill Resources Ltd. 2022-11-17 3.1B USD Add-on Acquisition
Montreal, Quebec · www.turquoisehill.com
Rincon Lithium Project 2022-03-28 825M USD Divestiture
Salta Province, Argentina · www.rinconmining.com
Coal & Allied Industries Ltd. 2017-01-24 2.5B USD Divestiture
Brisbane, Australia
Rio Tinto plc - Mount Pleasant 2016-08-05 - Divestiture
, United Kingdom
Rio Tinto Coal Mozambique 2014-10-08 50M USD Divestiture
Sydney,, Australia
Clermont Mine 2014-06-02 1.0B USD Stake Sale
, Australia
Northparkes Copper Mine 2013-07-29 - Stake Sale
, Australia
Palabora Mining Co.,Ltd. 2012-12-11 373M USD Divestiture
Phalaborwa,, South Africa · www.palabora.co.za
ALTEO Alumina 2012-09-12 - Divestiture
Gardanne, France · www.alteo-alumina.com/en/
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Alcan, Inc. 2007-07-12 Alcan Packaging / Food Americas 2009-07-05 1
Montreal, Quebec · www.riotintoalcan.com Chicago, Illinois

M&A by Sector

Sector Buy # Value Sell # Value
Metals/Mining 8 (89%) 50.4B (99%) 11 (79%) 7.0B (92%)
Oil/Gas Exploration 1 (11%) 642M (1%) 1 (7%) 50M (1%)
Chemicals - - 1 (7%) 340M (4%)
Electrical Equipment - - 1 (7%) 185M (2%)
Total 9 $51.1B 14 $7.6B

By Geo

State/Country Buy Value Sell Value
Australia 2 - 5 4.0B
Canada 3 41.8B - -
  Quebec 2 41.2B - -
  British Columbia 1 642M - -
France - - 3 340M
United States 1 - 2 949M
  Alaska 1 - - -
  Pennsylvania - - 1 185M
Argentina 2 7.5B - -
South Africa 1 1.7B 1 373M
Brazil - - 1 1.6B
Switzerland - - 1 349M
United Kingdom - - 1 -
Domestic - - 1 (7%) -
Cross-border 9 (100%) 51.1B (100%) 13 (93%) 7.6B (100%)
Total 9 $51.1B 14 $7.6B

Top M&A Advisors

Financial Deals
Goldman Sachs
1
J.P. Morgan Securities
1
Gordon Dyal & Co. Advisory Group
1
Legal Deals
Linklaters
1

Deal Values

buy # Total
> $1B 4 $49.6B
$100M to $1B 2 $1.5B
TOTAL $51.1B
Largest Alcan, Inc.
$38.1B (2007-07-12)
sell # Total
> $1B 3 $5.1B
$100M to $1B 6 $2.5B
< $100M 1 $50M
TOTAL $7.6B
Largest Coal & Allied Industries Ltd.
$2.5B (2017-01-24)

M&A Connections

Deals
Acquired from
Strategic(s)
11%
1 (11%)
Divested to
Investor(s)
14%
2 (14%)
Strategic(s)
86%
12 (86%)

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