Market Cap
Rio Tinto Group
£94.79 Billion
GBP as of Jan. 1, 2024
US$120.67 Billion
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Top 1-year algo backtest: +313.24%
$10,000 in May 2023 would now be $41,324 by following this algorithm daily at market close.
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Rio Tinto Limited is a multinational metals and mining corporation that is dual-listed on the London Stock Exchange and the Australian Securities Exchange. Founded in 1873, Rio Tinto has evolved to become a leader in the extraction of minerals, especially aluminum, iron ore, copper, uranium, and diamonds, and developed operations in refining, particularly for bauxite and iron ore. With a global presence, Rio Tinto is primarily operating in Australia and Canada.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.