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Rio Tinto statement on amended assessments
MELBOURNE, Australia--(BUSINESS WIRE)-- The Australian Taxation Office (ATO) has issued Rio Tinto Limited with amended assessments of A$359.4m (US$279.8m) primary tax and A$47.1m (US$36.7m) of interest. This is in addition to the more than A$8.4bn (US$6.4bn) of Australian income tax paid during the relevant period. The assessments relate to the denial of interest deductions on an isolated borr
Rio Tinto to contribute $20 million to fund new hospital in Tom Price
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto will contribute $20 million (US$15 million) to the Western Australian Government to help fund a new hospital at Tom Price in the state’s Pilbara region. The partnership will help facilitate construction of a modern hospital expected to include an emergency department, inpatient ward and consulting rooms for visiting services. Local communitie
Rio spends over A$500 million with WA businesses at Tom Price mine
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto has to date awarded contracts valued at over $385 million (A$500 million) to local Western Australian and Pilbara Aboriginal businesses to support the latest development of its Greater Tom Price Operations. Construction of the Western Turner Syncline Phase 2 (WTS2) expansion commenced in early 2020 and to date more than 85 per cent of spending