64.20000 EUR
0.4
0.63%
Last update Dec 10, 10:39 AM CET
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Day range
64.20000
64.20000
Previous close
63.80000
Open
64.20000
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Rio Tinto plc Sponsored ADR
64.20
0.40
0.63%

Overview

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Description

Rio Tinto plc Sponsored ADR is a type of financial asset that represents a foreign company's equity in the form of American Depositary Receipts (ADRs) traded on U.S. stock exchanges. The primary function of this asset is to provide U.S. investors with an accessible way to invest in Rio Tinto plc, a leading international mining group. Rio Tinto operates across various sectors such as iron ore, aluminum, copper, energy, and minerals, making it a significant player in the global resource industry. The company's operations span across diverse geographic regions including Australia, North America, and Africa, impacting numerous downstream industries like manufacturing, construction, and electronics. This sponsored ADR offers U.S. investors a simplified mechanism to benefit from Rio Tinto's global operations and growth, while adhering to U.S. financial regulatory standards. Its presence underlines the importance of diversified investment opportunities within the mineral extraction and commodity markets.

About

CEO
Mr. Simon C. Trott BSc(Hon), GAICD, GradDipFin
Employees
60000
Address
6 St James’s Square
London, SW1Y 4AD
Phone
44 20 7781 2000
Website
Instrument type
American depositary receipt
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Germany
MIC code
XSTU
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