Rio Tinto (CHIX:RIOL) Construction In Progress

: £6,105 Mil (As of Dec. 2023)

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Rio Tinto's quarterly construction in progress declined from Dec. 2022 (£10,770 Mil) to Jun. 2023 (£0 Mil) but then increased from Jun. 2023 (£0 Mil) to Dec. 2023 (£6,105 Mil).

Rio Tinto's annual construction in progress declined from Dec. 2021 (£11,025 Mil) to Dec. 2022 (£10,770 Mil) and declined from Dec. 2022 (£10,770 Mil) to Dec. 2023 (£6,105 Mil).

Rio Tinto Construction In Progress Historical Data

The historical data trend for Rio Tinto's Construction In Progress 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

7,010.44

9,602.06

11,025.07

10,769.88

6,105.12

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
Construction In Progress																11,025.07	-	10,769.88	-	6,105.12

Rio Tinto Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Rio Tinto (CHIX:RIOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio Tinto PLC (CHIX:RIOl) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RTPPF:USA RIO:USA RIO N:Mexico RIO:UK RIO1:Germany RIOT34:Brazil RIO:Argentina

Address

6 St James’s Square, London, GBR, SW1Y 4AD

Website

https://www.riotinto.com

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.

Rio Tinto (CHIX:RIOL) Headlines

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