Introduction Background on RIO TINTO Rio Tinto is a global mining and metal company. Their focus is on the finding, mining and the processing of the Earth’s minerals resources to maximise the value of their shareholders (customers). Rio Tinto has the people, the capabilities and the resources to apply a world’s hunger for minerals and metals that are used in the everyday life, in the diverse of products – for the mobile phones to cars. Rio Tinto’s global footprint is that there are working 66,000 people for Rio Tinto in more than 40 countries across six continents in the world , including their businesses in countries like Asia, Europe, Africa and Southern America. Rio Tinto is strongly represented in Australia and Northern America. Rio Tinto’s head offices (headquarters) is in the United Kingdom (UK) , their company group comprises Rio Tinto plc is listed in a London and New York Stock Exchange company,also Rio Tinto Limited is listed in the Australian Securities Exchange. The global presents of Rio Tinto and their expertise in the technology world and marketing, this enables Rio Tinto to supply the right product, at the right quality at the right time to their stakeholders (customers). Rio Tinto’s businesses include the opening of pits and underground mines, mills, refineries, smelters and power stations. This also includes the hydropower portfolio as well as the number of research and services facilities. Rio Tinto also has its own and operating infrastructure to take their products to their stakeholders (customers) in transport methods that include railways, ports and ships. Rio Tinto’s diverse portfolio, so that they supply the metals and minerals that help the world to grow. Rio Tinto’s biggest products are aluminium ... ... middle of paper ... ...alysis Template 10 ( SWOT) Diagram Available from http://creately.com/diagram/example/fsnh65pq2/SWOT+Analysis+Template+10 Author , Craig S.Fleisher ,Babette E. Benhoussen (2007).Business and Competitive Analysis: Effective Application of new and classic methods Available from http://www.iseg.utl.pt/aula/cad1505/chapter6.pdf (Figure4:The Nine Forces) Author , Craig S.Fleisher ,Babette E. Benhoussen (2007).Business and Competitive Analysis: Effective Application of new and classic methods pg 87 -100 The Process of Strategic Planning Available from: http://www.bdi-ltd.net/Article_4.pdf David O'Hara(2013) A SWOT of RIO TINTO Available from: https://depts.washington.edu/oei/resources/toolsTemplates/SWOT_analysis.pdf Jeffrey P. Harrison (2010) Essentials of Strategic Planning in Healthcare Available from: http://www.ache.org/pdf/secure/gifts/Harrison_Chapter5.pdf
Thompson, Arthur, John Gamble, John Gamble, A. III, and Alonzo Strickland. Strategy. McGraw-Hill/Irwin, 2005. 299. Print.
The company is known as the largest iron ore, coal and manganese producer in Australia, Brazil, and South Africa. They own one of the major suppliers or copper, silver, lead, and uranium in Australia and continuously looking for ways to expand globally. As of 2016 BHP Billiton has been announced to be the third largest nickel producer and the sixth largest producer of aluminum
Mission-Riordan Manufacturing is a global plastic manufacturer to include plastic beverage containers, automotive, and aircraft parts. The Research and Development (R&D) department continues to provide solutions for their customers using polymer materials to create new and creative products. Riordan is a Fortune 1000 enterprise and a Six Sigma leader in R&D standards and remains the industry leader in identifying innovating trends.
Brazil is located in Eastern South America, bordering the Atlantic Ocean. It is slightly smaller than the U.S., with bordering countries Argentina, Bolivia, Columbia, French Guyana, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela. It has many natural resources, including bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, and timber. The climate is tropical in the north, but temperate in the south. The terrain consists of mostly flat to rolling lowlands, with some plains, hills, mountains, and a narrow coastal belt. In recent years, environmentalists have become increasingly concerned over the future of the Amazon region, where human life has threatened the world's largest intact rain forest. Brasilia is the capital and main source of modern industry.
Peter Munk, the founder of American Barrick had after experience and past failures come to the belief that high liquidity and low leverage were key tenets in a successful business. The increased flexibility obtained by following these guidelines should provide the company with opportunities that less hedged companies did not have. If gold prices were to fall then the company would not be affected by the distress costs that other competing companies would experience, giving the company an edge during times of low prices. During this time they would have additional cash reserves available to invest while other companies might be struggling to gain expensive debt financing. This is one of the major competitive advantages a gold company can have because the major costs in this industry is exploration and acquisition costs. Because of their strong financials and stability the company was also more likely to enter into more favorable contracts. The risk management program was meant to provide in...
BHP Billiton is the most successful company throughout the world by using unchanged strategies in their business. They have a strategy to operate large, low cost, expandable, and upstream commodities by using raw materials, geography, different assets and market, which give them a superior marginal costs throughout economic and commodity cycles for several years. They put the security of their workers first and supporting them by providing various facilities (see appendix 1). Their diversification makes the easy cash flow system by reducing the exposure to any one commodity and give for more identifiable and great financial performances. To become more successful BHP have heaps of human resources or workforce which reflect their values and communities. They have aim to recruit and attract other people who make their organization successful and thrive on working in teams and going to their extra miles to give their best. Moreover, they are committed to meet the changing needs of their customers. They have world class portfolio of growth option that will make them able to plan for a short term and long term goals and continuing them to create value for their shareholders which BHP more powerful (BHP Billiton, 2014). By using these all measures BHP Billiton kept its solid position in the nine month period till the end of March 2014 with the record of production attained for four items and at 10 operations. In aggregate, processing expanded by 10% for throughout the period what's more is required to develop by 16% over the two years to the end of the 2015 fiscal year. For further development BHP having a plan to start new projects where they pursuing a higher rate of returns on incremental investment and increasing inter...
The production facilities of the company and its human resources are one of its major core competencies leading to low cost high quality products and helping the company have highest margins within the industry. The company should look at technology to diversify its production in order to decrease reliance on scrap steel.
Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard business review, 86(1), 25-40.
Brazil's economy has a lot of potential. Throughout Brazilian economic history, the government has had an economic policy based on import substitution and it was also trying to switch from agriculture to industry. To insentivate domestic industry, the government established protective tariffs and import quotas. Most of the enterprises were owned by State such as: steel, oil, infrastructure, and others. These firms also received subsidize "long-term credit expand." For these reasons it had been difficult to establish ventures in Brazil.
With company expanding into such many products, this saw it growing and being located in six continents. Continents such as Europe, South America, Asia, Southern Africa, Australia and North America. The group also acquired the Rossing Uranium mine, Bongaville Copper mine as well as small companies. Such growth saw the company being the largest in its industry, with the revenue growth of more than $14.7 million with the budget year. Even after 130 years Rio Tinto is still the second largest mining company in the world, the production of 10 tons of copper, zinc and 7.5 tons of other minerals.
Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard business review, 25-40.
Columbite–tantalite or coltan is a mineral which has become of great importance to the world because of its properties have been used in our mobile phones, computers, blades in aircraft engines, land-based gas turbines, mill products for sputtering targets and chemicals for audio and video. This has raised the prize of the black mineral and has created a profitable business where the tantalite is found in countries such as The Democratic Republic of Congo where the precious rock is found in the surface easy for its extraction. This process is often done by artisanal miners under the orders of the guerrilla, then the next step in the supply chain after its extraction is the trading and processing of Coltan. Coltan is usually traded in three forms: as ore concentrate, as tantalum oxides and salt, or as capacitor-grade tantalum. Columbite–tantalite is not traded on an open exchange but in negotiations taking place on a bilateral basis between buyers and sellers around the world. Prices are privately discussed and purchase contracts between buyer and seller are almost secrete. Traders a...
Porter, M. E., 1999. The Five Forces that Shape Competitive Strategy. Harvard business review, p. 80.
3. Analyze BP using the five forces of competition model to determine the industries current attractiveness in terms of profits potential
At the end of our work, Ecuador grew 150 percent in their exports during 2011-2012, there are some projects of cattle management that the Ministry of Agriculture of Ecuador is working with Brazil, and also Brazil is financing some strategic projects that Ecuador has in the area of hydroelectric. After working for almost two years in this