5 Biggest Copper Companies in the World

3. Rio Tinto Group (NYSE:RIO)

Market Cap as of November 25: $106.50 billion

Rio Tinto Group (NYSE:RIO) engages in the exploration, mining, and processing of aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. The company offers a mammoth dividend yield of 8.11% as of November 25 and has a payout ratio of 80.46%.

On November 23, Deutsche Bank analyst Liam Fitzpatrick reiterated a Hold rating for Rio Tinto Group (NYSE:RIO)’s shares and raised the price target to 5,800 GBp from 5,700 GBp. According to the analyst, the medium-term fundamentals seem strong, but the demand and macro risks “are high.”