Rio Tinto plc has been given a 'Neutral' rating by UBS, with a target price of 5250 pence. The company is a major player in the mining sector and has a wide range of products including iron ore, aluminium, copper, industrial minerals, gold, and diamonds.

In 2023, Rio Tinto produced 290.2 million tons of iron ore, accounting for 62.5% of its net sales. Aluminium, alumina, and bauxite contributed 22.2% to sales, with production figures of 54.6 million tons of bauxite, 7.5 million tons of alumina, and 3.3 million tons of aluminium. Copper production stood at 562.4 Kt, while industrial minerals, including titanium dioxide pigments, borates, and salts, made up 5.2% of sales. Gold and diamonds represented smaller shares, with 281,500 ounces of gold and 3.3 million carats of diamonds produced.

In terms of geographical sales, China accounted for 59.6% of total sales, followed by the United States (13.9%), Japan (6.9%), and Europe (5.3%). The company's diverse product range and global presence highlight its strong position in the mining industry.