Episode 1 of 2
Auction Bid
- When
- 14 February 1873
- Where
- Spanish government auction
The British investment group won the auction for the Rio Tinto Mine with a bid of £3.68 million.
The auction was held by the Spanish government on 14 February 1873. The group, led by Hugh Matheson's Matheson & Company, won with a bid of £3.68 million, equivalent to approximately £519.3 million in 2026.
Sources
- Rio Tinto (corporation) Wikipedia, revision of 2026-09-17
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.