Rio Tinto SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Rio Tinto, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
Rio Tinto is one of the leading brands in the heavy equipment & engineering sector. The article below lists the Rio Tinto SWOT, competitors and includes its target market, segmentation, positioning & USP.
In this article:
For Rio Tinto, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Rio Tinto looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value.
A list of strengths is mostly the starting point in starting SWOT analysis. Below are the Strengths in the SWOT Analysis of Rio Tinto :
1. Global leader in extraction of aluminium and copper ore
2. Has industry leading technology for extraction
3. Diversified business with an employee force of nearly 70,000
4. Strong brand presence across the globe
5. One of the leaders in iron ore, aluminium, diamonds
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Rio Tinto SWOT Analysis:
1. Financial situation – High debt
2. Operational inefficiences due to govt intervention is a concern
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Rio Tinto SWOT Analysis:
1. Rising need of aluminium as replacement of iron
2. Opportunities to expand business in other territories
3. Business diversification alongwith other international players
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Rio Tinto are as mentioned:
1. Strict regulations being imposed on environmental and security issues
2. Volatility in the commodity market
There are several brands in the market which are competing for the same set of customers. Below are the top 7 competitors of Rio Tinto:
1. Alcoa Inc.
2. Anglo American plc
3. De Beers SA
4. Newmont Mining Corporation
5. Xstrata plc
6. Teck Cominco Limited
7. BHP Billiton
Hence this concludes the Rio Tinto SWOT analysis.
Continue reading more about the brand/company.
|Rio Tinto Overview|
Diversified Metals & Mining
World leader in finding, mining and processing Earth’s resources
|Rio Tinto STP|
Industrial Segmentation – based on the manufacturing industry
Six Groups - iron ore; aluminum; copper; energy; diamonds and
minerals; and other operations
Makes high quality natural resources available worldwide
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse marketing analysis of more brands and companies similar to Rio Tinto. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.
The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
Edit the brand or add a new one to SWOT Analysis section : Contribute
What is MBA Skool?About Us
MBA Skool is a Knowledge Resource for Management Students, Aspirants & Professionals.
Quizzes & Skills
Quizzes test your expertise in business and Skill tests evaluate your management traits
All Business Sections
Write for Us