Economic contribution

Economic contribution

Invested in Australia

We’re among Australia’s largest tax payers. Since 2010 we’ve paid more than A$40 billion in government taxes and royalties, and we have helped pioneer tax transparency with our Taxes paid reports.

We directly employ 20,000 people across Australian regions and towns. In our iron ore business, 2,000 people, a third of our fly-in fly-out (FIFO) workforce, are drawn from regions within Western Australia, and more than 500 Indigenous Australians were employed through FIFO.

In 2016 we spent more than A$11 billion in Australia. In Western Australia, three quarters of our iron ore group’s procurement spend is with WA businesses, both large and small, and we are committed to finding new ways to improve opportunities for local suppliers and local Indigenous businesses.

Suppliers - working in our communities

Since 2010 we have spent almost A$57 billion with WA businesses. In 2017 we announced a new procurement strategy to assist local businesses. A web portal provides improved visibility of upcoming contracts, allowing more WA businesses to lodge their interest in future work, and WA suppliers can contact a dedicated team to better link to the company’s procurement opportunities.

In Queensland, the A$2.6 billion Amrun bauxite project, has seen more than A$1.15 billion spent directly with more than 700 Queensland companies, including A$189 million with Cape York regional businesses. Almost 80 per cent of the 1,000-strong on-site workforce are Queenslanders, including more than 200 Aboriginal people.

To assist local suppliers, Rio Tinto also partnered with Industry Capability Network (ICN) to establish a portal on upcoming opportunities, scope of work for subcontractor packages and contact details of awarded contracts.