Finding better ways to provide the materials the world needs
Our business
We operate in 35 countries where our 57,000 employees are working to find better ways to provide the materials the world needs
Our purpose in action
Continuous improvement and innovation are part of our DNA
Innovation
The need for innovation is greater than ever
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
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
Climate Change
We’re targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Decarbonisation progress update
We have a clear plan on decarbonisation - find out more about our progress in 2024
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
Investor seminars
Our Investor seminar will be held in London on 4 December, and our Decarbonisation update on 5 December
Get the latest news, stories and updates
Things you can't live without
Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
The 'f' word of innovation
How unlocking innovation requires a change of mindset
Reducing titanium oxide's carbon footprint
Our BlueSmelting technology could drastically reduce carbon emissions during ore processing
Discover more about life at Rio Tinto
Graduates and 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
Available jobs
Join our team
Taxes Paid Report
For more than 150 years, we have been entrusted with accessing the world’s essential materials and making them available for society’s use. These resources are finite and, as temporary custodians of the land where we operate, we have a responsibility to extract value from the minerals and materials we produce in the safest and most sustainable way possible. This includes providing people and communities with economic opportunities; safeguarding and promoting the health, wellbeing and human rights of people and communities; combating climate change; and being excellent stewards of the natural resources entrusted to us.
We are continuing to find better ways to provide the materials the world needs. It is important to us that we fulfil this, our purpose, responsibly and transparently, while contributing meaningfully to the countries and communities in which we operate, live and work."
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.
Almost half our global workforce - 24,000 employees - lives and works in Australia. In 2023, we paid $6.6 billion (A$10.0 billion) in taxes and royalties, making us one of Australia’s largest tax payers. In total, over the past ten years we have paid $59.7 billion (A$81.7 billion) in taxes and royalties in Australia, representing 78.6% of the $76.0 billion we have paid globally.
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
With more than 13,800 employees working across 35 sites, we are the largest mining and metals company in Canada. We have world-class mines and processing capabilities spanning aluminium, iron ore, titanium dioxide and diamonds. We also undertake exploration activities and operate research and development centres, and port and rail facilities, with eight hydroelectric facilities in British Columbia and Quebec. In 2023, we spent a total of C$6 billion in Canada.
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
By 2030, our Oyu Tolgoi operation in Mongolia’s South Gobi Desert is expected to be the world’s fourth-largest copper mine. Oyu Tolgoi produces both copper and gold, and is unrivalled in the industry in its scale and domestic economic impact. It is also one of the most modern, safe, sustainable and water-efficient operations globally, and comprises a workforce which is more than 97% Mongolian.
Invested in Mongolia between 2010 and 2023
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 $91M
Total taxes paid to the regional governments
Mongolian pre-tax underlying loss in 2023
Taxes collected on behalf of employees and remitted to Mongolian governments in 2023
*Reported 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 of our for more information.
ÌÇÐÄvlogÈë¿ÚKennecott celebrated its 120th anniversary in 2023. The operation based in Salt Lake City, Utah, delivers approximately 12% of US copper production and has one of only two operating copper smelters in the US. 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
With the steady 2023 advancement of our Rincon lithium project - a large, undeveloped lithium-brine project in Argentina - we have reaffirmed our future priorities in the region. Production is planned to start at the end of 2024, and when fully operational the project 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 conduct exploration activities across the continent. In Guinea, our Simandou project is the world’s largest known untapped source of high-grade iron ore. We also have mineral sands operations in South Africa and Madagascar, and a non-managed interest in a bauxite mine also in Guinea.
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 six countries in Africa
Our first mines, when we formed as a company more than 150 years ago, were along the banks of the ÌÇÐÄvlogÈë¿Úriver in Andalusia, Spain. Today, our global headquarters are in London and we have operations and legacy sites across Europe. We continue to invest in Europe, focusing on commodities and partnerships enabling the 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
How we process personal data provided or obtained through this website.
With the exception of the use of cookies, ÌÇÐÄvlogÈë¿Úgenerally does not seek to collect personal data through this website. However if you choose to provide personal data to ÌÇÐÄvlogÈë¿Úthrough 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), ÌÇÐÄvlogÈë¿Úgenerally does not seek to collect personal data through this website. However if you choose to provide personal data to ÌÇÐÄvlogÈë¿Úthrough 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 ÌÇÐÄvlogÈë¿ÚData 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.
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