Rio Tinto Limited operates in the Iron ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Rio Tinto Limited with three other
iron ore producers in Australasia:
BHP Group Ltd
(2019
sales of 61.97 billion Australian Dollars [US$43.67 billion]
of which 39%
was Iron Ore),
Fortescue Metals Group Limited
(13.94 billion Australian Dollars [US$9.83 billion]
), and
Champion Iron Ltd
(686.04 million Australian Dollars [US$483.46 million]
of which 100%
was Mine site).
Sales Analysis.
Rio Tinto Limited reported sales of A$62.04 billion (US$43.72 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 13.9%
versus 2018, when the company's sales were A$54.45 billion.
This was the third consecutive year of growth at Rio Tinto Limited.
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
113.9% in 2019, from
A$12.09 million to A$25.87 million.
Rio Tinto Limited also saw significant increases in sales in
Iron Ore (up 39.3% to A$34.60 billion)
.
Not all segments of Rio Tinto Limited experienced an increase in sales in 2019:
sales of Aluminum fell 9.3% to A$14.86 billion.
Rio Tinto Limited also experienced decreases in sales in
Copper and Diamonds (down 3.8% to A$8.36 billion)
and
Energy and Minerals 4,524 5,5 (down 3.3% to A$7.40 billion)
.