Rio Tinto, a mining company based in the UK, has a relatively high chance of benefiting from its investments in a series of technological, macroeconomic, and sector-specific investments in recent years, according to analysis from GlobalData.
The company was ranked eighth out of 50 in a ranking of overall leadership in the 10 themes that matter the most to the mining sector.
These themes, which can be defined as any issues that keep CEOs awake at night, describe technological, macroeconomic and industry-specific challenges that companies are currently facing, as well as the opportunities they create. GlobalData’s Thematic Research ecosystem identifies and tracks these challenges, and how they create the long-term winners and losers of the mining industry.
Rio Tinto received the top mark of five for three of the 10 themes identified as the most important to the mining sector in the GlobalData Thematic Scorecard – Internet of Things, Autonomous Vehicles and Commodity Markets – indicating that it is a dominant player in those categories. Rio Tinto received a high mark of four for its performance in Workplace Safety; a mark of three for Lithium-Ion Batteries, Capital Raising, ESG, Climate Change and COVID-19; a mark of two for M&A; .
The interactive graphic below allows you to compare Rio Tinto to the ratings of other mining companies across the 10 themes in question. The higher up a company is on the list, the better positioned it is to weather disruption in the future, while the companies at the bottom are more vulnerable to disruptive threats.
Rio Tinto carries out the exploration, mining, and processing of various mineral resources. Its portfolio of products includes aluminum, copper, diamonds, industrial minerals (borax, titanium dioxide, and salt), gold, iron ore and uranium.
The company operates through five reportable business segments: Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals, and Other Operations.
It has operations across Europe, Africa, Middle East, Asia-Pacific, and the Americas. In FY2020, the company’s capital expenditure stood at US$6,189 million, which grew 12.8% YoY.