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Stock impact report

Rio Tinto reports $8.4bn in global taxes and royalty payments in 2024 [Yahoo! Finance]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Yahoo! Finance
The majority of the payments in 2024, totalling $6.3bn, were made in Australia, which included corporate tax of $3.7bn. The report also highlights payments in other regions where Rio Tinto operates. In Chile, the company paid $615m, while contributions in Canada amounted to $500m. The company's payments in Mongolia and the US amounted to $482m and $136m, respectively. Rio Tinto chief financial officer Peter Cunningham said: “We seek to operate responsibly everywhere we work, and the taxes and royalties we pay to governments play a critical role in supporting the economic health and development of the regions where we operate. “Our economic contribution can be significant for national budgets and local development priorities such as jo Read more
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