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Its current chief executive is Leigh Clifford and the company board is chaired by Paul Skinner .
The group is one of the world's largest mining companies, with a before-tax adjusted profit of approximately 2.1 milliard US dollars in 2003 on consolidated turnover of 9.2 milliard USD.
The group produces a number of mineral commodities in its various divisions:
Rio Tinto wholly owns Hammerseley Iron, which owns a number of mines in Western Australia either wholly or jointly with several partners. Its partners on some projects notably include several Chinese corporations. Iron made up 18% of revenue in 2003 and was responsible for 36% of the group's profit. It is the world's second-largest producer of iron ore.
The company's energy group includes coal mining operations in Australia and North America, and more controversially Energy Resources Australia, which conducts uranium mining near the Kakadu National Park. This group contributed 20% of turnover and 11% of profit.
The Industrial minerals group extracts talc, titanium dioxide, salt, borax, amongst several others. These operations are scattered across Australia, the United States, and Africa. This group contributed 15% of turnover and 11% of earnings.
Rio Tinto owns Comalco , which mines bauxite (aluminium ore) in Weipa, QueenslandQueensland State flag ( In detail) Coat of Arms ( In detail) Capital Brisbane Governor HE Ms Quentin Bryce Premier Peter Beattie Area — Land — Marine — Total 1 730 648 km˛ 121 994 km˛ 1 852 642 km˛ Population (2002) Density 3 729 000 2. 15/km˛ Time zone U, and operates three aluminium smelters in Australia, and one in Europe. The group also operates the Angelsey aluminium smelter in the United KingdomThe United Kingdom of Great Britain and Northern Ireland is a state in Western Europe, usually known simply as the United Kingdom the UK Britain or less accurately as Great Britain . The UK was formed by a series of Acts of Union which united the formerly. This group contributed 16% of turnover and 14% of adjusted earnings.
The company's diamond operations are best known for the pink diamonds produced at the Argyle diamond mine in Western Australia, which produces over 90% of the world's supply of these gems. However, these represent a tiny fraction of the mine's output - less than 1% of it. The company also owns 60% of and manages the Diarvik Diamond mine in Canada's Northwest Territories.