Rio Tinto mining company was founded in 1873 in Spain. Rio Tinto is Spanish for Yellow River. In 1954, the company sold most of its Spanish business. From 1962 to 1997, the company merged several influential mining companies in the world, and successfully acquired Australia northern mining company in 2000, becoming a global leader in exploration, mining and processing of mineral resources.
Rio Tinto is headquartered in the UK and Australia in Melbourne. Hammersley iron ore Co., Ltd., which is controlled by the company, is the second largest iron ore production company in Australia. There are five production mines in the Pilbara area of Western Australia (i.e. tomprice iron mine, palabudu iron mine, Chana iron mine, malandu iron mine and bunokman second mining area). The proven reserves are about 2.1 billion tons, and the annual iron ore production capacity of the company is 55 million tons. It is estimated that after the completion of jianyangdi mining project, the annual iron ore production capacity of the company will reach more than 65 million tons.
Rio Tinto Mining Group is not only one of the world's largest suppliers of resources exploitation and mineral products, but also one of the world's three largest iron ore suppliers. Rio Tinto, as a major global supplier of resources exploitation and mineral products, not only supplies iron ore to the world, but also aluminum, copper, diamonds, energy products, gold, industrial minerals and other products. The group's business is global, especially in Australia and North America.