By What Percentage Has Rio Tinto’s Capital Expenditure Declined Over The Past 5 Years?

+8.96%
Upside
68.24
Market
74.35
Trefis
RIO: Rio Tinto logo
RIO
Rio Tinto

Rio Tinto has cut its capital spending by around 67% over the past five years in response to the sharp decline in iron ore prices, as illustrated by the table shown below. The completion of some of the company’s planned expansion projects also enabled it to lower its capital spending.

Rio Decline in Capital Spending

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Rio Tinto