Finding better ways to provide the materials the world needs
Purpose & Values
The drive for innovation and continuous improvement is at the heart of our purpose
Business Strategy
Climate change is at the heart of our business strategy
We are 150
150 years of finding better ways
Iron Ore
Iron ore is the primary raw material used to make steel
7 things the world will need for a low-carbon future
Wind, sun and water – what else do you need to make renewable energy work?
Sustainability – the expectation, not the exception
Shaping our aluminium product offering to meet demand for greener metals
We work across six continents in around 35 countries
Look inside a mine of the future
Our most intelligent mine yet is pioneering new mining technologies
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
Sustainability Reporting 2022
We have a responsibility to extract the full value from the minerals and materials we produce in the safest and most sustainable way possible
Climate Change
We’re targeting net zero emissions by 2050
Water
Sharing our water usage
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
Rio Tinto Limited 2023 AGM
Perth: 4 May 2023
Get the latest news, stories and updates
Breaking new ground for copper supply
Taking the world’s fourth-largest copper mine underground
The slow journey from red mud to green plants
Finding new ways to rehabilitate red mud
Road to a greener future
Rio Tinto Partners with BMW Group on Premium Aluminium Car Parts
Discover more about life at Rio Tinto
Graduates & Students
If you want to drive real change, we have just the place to do it
Empowering families with flexibility
Supporting new parents of any gender with equal access to parental leave
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Taxes Paid Report
We are finding better ways to provide the materials the world needs, and it is important that we do this responsibly and transparently, while contributing to the host countries and communities where we live and work. Taxes and royalties play a critical role in the economic and social development of the regions and communities we operate in.
We want to leave a lasting, positive legacy everywhere we work. The taxes we pay to governments is one way in which we do this, as they play a critical role in the economic health and development of the regions where we operate. Catalysing economic opportunities for our host communities and regions is also a priority for us, and through our voluntary social investment, we strive to support initiatives that we believe can have a positive impact in the communities where we operate.
For more than 23,000 of our employees, Australia is home. In 2022, we were one of Australia’s largest taxpayers, contributing $8.5 billion (A$12.3 billion) in taxes and royalties. Over the past ten years, we have paid $74.9 billion in taxes and royalties globally, of which 78.5%, or $58.8 billion (A$77.6 billion), was paid in Australia.
Total taxes & royalties paid in Australia
Corporate income tax paid in Australia
Royalties paid in Australia
Australian effective corporate income tax rate on underlying earnings
Australian effective income tax and royalty rate on underlying earnings
Total taxes and royalties paid in Australia in the last 10 years
Australian pre-tax underlying earnings
Employees
Taxes collected on behalf of employees and remitted to Australian governments
We have more than 13,000 of our employees working across our sites and operations in Canada. We undertake exploration activities, and operate research and development centres, port and rail facilities, and technical and sales service centres, with hydroelectric facilities in British Columbia and Quebec.
Total taxes and royalties paid in Canada
Corporate income tax paid in Canada
Canadian pre-tax underlying earnings
Taxes collected on behalf of employees and remitted to Canadian governments
The Oyu Tolgoi copper and gold mine in the South Gobi Desert of Mongolia is a project almost unrivalled in the industry in its complexity and scale. By 2030, Oyu Tolgoi is expected to be the world’s fourth-largest copper mine. It is also one of the most modern, safe, sustainable and water-efficient operations globally, with a workforce who are more than 97% Mongolian.
Invested in Mongolia between 2010 and 2022
Total taxes and royalties paid in Mongolia since 2010
Total taxed and royalties paid in Mongolia
Taxes and royalties paid to the Mongolian national Government including royalties of $81M
Total taxes paid to the regional governments
Mongolian pre-tax underlying loss in 2022
Taxes collected on behalf of employees and remitted to Mongolian governments in 2022
*Reported $15B and $4B totals do not include any amounts in relation to the $2.4 billion waiver of funding balances from a carry account loan with Erdenes Oyu Tolgoi. Refer to page 213 in our Annual Report for more information.
Kennecott, our operation based in Salt Lake City, Utah, has one of only two operating copper smelters in the US and it delivers approximately 12% of US copper production. Our borates business in California, U.S. Borax, supplies almost 30% of the global demand for refined borates. It is used in everything from agriculture to fibreglass insulation and in materials for renewable energy – for both wind and solar projects.
Total taxes and royalties paid in the US
Corporate income tax paid in the US
Taxes paid to Salt Lake County, Utah
US pre-tax underlying loss
Taxes collected on behalf of employees and remitted to US state and federal agencies
In 2022, we invested in the Rincon Lithium Project – a large, undeveloped lithium-brine project located in the heart of the lithium triangle in Argentina. Once fully operational, it will be a valuable source of rapidly produced, high-quality lithium for the global energy transition.
Total taxes and royalties paid in South America
Total taxes and royalties paid in Chile
Total taxes and royalties paid in Peru
Total taxes and royalties paid in Argentina
South America pre-tax underlying earnings (including equity accounted units)
Employees (including equity accounted units)
Taxes collected on behalf of employees and remitted to South American governments
Our operations in Africa include mines, refineries and processing plants and we also conduct exploration activities across the continent. We have mineral sands operations in South Africa and Madagascar, while in Guinea, we have an iron ore project and a non-managed interest in a bauxite mine.
Total taxes and royalties paid in Africa
Corporate income tax paid in Africa
Africa pre-tax underlying earnings (including equity accounted units)
Total taxes and royalties paid in South Africa
Employees in Africa (including equity accounted units)
Taxes collected on behalf of employees and remitted to governments of five countries in Africa
Our history in Europe stretches back to our formation 150 years ago: our first mines were along the banks of the Rio Tinto river in Andalusia, Spain. Today, we have operations and legacy sites across Europe, and our global headquarters are in London. We continue to invest in Europe, focusing on commodities and partnerships enabling energy transition.
Total taxes and royalties paid in Europe
Corporate income tax paid in Europe
Employer payroll tax paid in Europe
Europe pre-tax underlying earnings
Taxes collected on behalf of employees and remitted to European governments
Our drive for innovation and continuous improvement is at the core of our purpose.
We have a responsibility to extract the full value from the minerals and materials we produce in the safest and most sustainable way possible.
The low-carbon transition is at the heart of our business strategy.
How we process personal data provided or obtained through this website.
With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws.
With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at digital.comms@riotinto.com).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site.
A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws.
These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences.
These Cookies allow us to analyse site usage in order to evaluate and improve its performance. They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site.
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