Rio Tinto Hikes Dividend to $7.7 Billion on Record Profit

Rio Tinto Hikes Dividend to $7.7 Billion on Record Profit

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the business success of a mining company, highlighting record profits and strong demand for products like iron ore, aluminum, and copper. It covers logistics and supply chain management, emphasizing resilience during COVID-19. The company is involved in a major iron ore project in Guinea, focusing on long-term development and green steel. Additionally, the video addresses cultural challenges within the company, including issues of harassment and racism, and outlines efforts to foster a safer, more inclusive work environment.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for Rio Tinto's financial success last year?

Record profits in their aluminium and copper businesses

Increased demand for renewable energy

Expansion into new markets

Reduction in operational costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Rio Tinto manage its logistics and supply chain?

By focusing solely on mining activities

Through a complex and extensive supply chain

By outsourcing all logistics operations

By maintaining a simple supply chain and processing operations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge Rio Tinto faces with its project in Guinea?

Environmental concerns

Absence of a rail line for export

Lack of demand for iron ore

Political instability in the region

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential benefit of the Guinea project for the world?

It will reduce global iron ore prices

It will provide high-quality iron ore for green steel

It will create new jobs in the mining sector

It will lead to technological advancements in mining

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What prompted Rio Tinto to focus on cultural change within the company?

The destruction of Juken Gorge and reports of workplace issues

Pressure from investors

A need to comply with new regulations

A desire to improve employee productivity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach is Rio Tinto taking to address workplace issues?

Ignoring the issues to focus on business growth

Hiring external consultants to manage the process

Being transparent and fostering dialogue

Implementing strict disciplinary actions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a long-term goal of Rio Tinto's cultural transition?

To expand into new geographical regions

To reduce operational costs

To create a safer and more effective work environment

To increase market share