Rio Tinto
RIO · NYSE · Basic Materials
$97.37
$0.66 (-0.68%) today
Market Cap
$158.36B
24h Volume
$127.4M
P/E Ratio
13.2
52w High
$109.63
52w Low
$59.38
Est. AI Revenue
5%
7-Day Sparkline (Static)
Company facts
Performance
About Rio Tinto
Rio Tinto is one of the world's largest mining companies, earning most of its profit from Pilbara iron ore in Australia. It also runs major aluminum, copper, and minerals businesses across the globe.
The growth story is the metals of electrification. Rio is ramping the Oyu Tolgoi copper mine in Mongolia toward becoming one of the largest in the world, operates the Kennecott copper mine in Utah, and built a lithium arm through its Arcadium acquisition, now Rio Tinto Lithium. Copper and aluminum feed transmission lines, data centers, and the grid capacity AI computing requires.
Founded in 1873 and headquartered in London, Rio Tinto employs about 57,000 people. Simon Callas Trott became chief executive in 2025, and US investors trade its shares on the NYSE.
Rio Tinto in the AI buildout
Rio Tinto supplies the Raw Materials layer. Every AI data center pulls copper through its wiring, transformers, and the transmission lines feeding it, and aluminum increasingly substitutes in grid hardware. Rio's Oyu Tolgoi ramp, Kennecott operations, and new lithium business all point at that electrification demand. The exposure is real but diluted: iron ore for steel remains the profit engine, so AI-linked demand moves the growth narrative more than near-term earnings.
RIO is tracked in Raw Materials & Mining, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
RIO trades at $97.37, 76% of the way up its 52-week range of $59.38 to $109.63.
Market cap
Market capitalization is $158.36B, with an AI Exposure Score of 15 out of 100.
Valuation vs peers
Its P/E ratio of 13.2 is below the Raw Materials & Mining category median of 29.7.
Next earnings
Rio Tinto is next expected to report earnings on July 28, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Rio Tinto do?
Rio Tinto is a global mining major producing iron ore, aluminum, copper, lithium, and industrial minerals. Pilbara iron ore in Australia generates most of its profit, while copper and aluminum anchor its growth plans.
How is Rio Tinto exposed to AI?
Its copper, aluminum, and lithium feed the transmission lines, data centers, and grid storage that AI-driven electrification requires. Supercycle rates it Peripheral with an AI Exposure Score of 15 out of 100, since iron ore remains the earnings engine.
What are Rio Tinto's key electrification assets?
The Oyu Tolgoi copper mine in Mongolia is ramping toward becoming one of the world's largest, Kennecott in Utah supplies US copper, and the Arcadium acquisition created Rio Tinto Lithium for battery and grid storage markets.
Who leads Rio Tinto?
Simon Callas Trott became chief executive officer in 2025 after running the iron ore division. Rio Tinto was founded in 1873, is headquartered in London, and employs about 57,000 people worldwide.
Is RIO a pure play AI stock?
No. Supercycle classifies RIO as Peripheral with a score of 15 out of 100. Copper, aluminum, and lithium give genuine but minority leverage to AI-era electrification within a portfolio still driven by iron ore.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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