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Rio Tinto (Rio Tinto) PensionAndRetirementBenefit : $1,197 Mil (As of Dec. 2023)


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What is Rio Tinto PensionAndRetirementBenefit?

Rio Tinto's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $1,197 Mil.

Rio Tinto's quarterly PensionAndRetirementBenefit increased from Dec. 2022 ($1,305 Mil) to Jun. 2023 ($1,346 Mil) but then declined from Jun. 2023 ($1,346 Mil) to Dec. 2023 ($1,197 Mil).

Rio Tinto's annual PensionAndRetirementBenefit declined from Dec. 2021 ($2,109 Mil) to Dec. 2022 ($1,305 Mil) and declined from Dec. 2022 ($1,305 Mil) to Dec. 2023 ($1,197 Mil).


Rio Tinto PensionAndRetirementBenefit Historical Data

The historical data trend for Rio Tinto's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rio Tinto PensionAndRetirementBenefit Chart

Rio Tinto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2,109.00 1,305.00 1,197.00

Rio Tinto Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,109.00 - 1,305.00 1,346.00 1,197.00

Rio Tinto PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


Rio Tinto (Rio Tinto) Business Description

Address
6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included its Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.