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REG - Rio Tinto - Report on Payments to Govts

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RNS Number : 6275K  Rio Tinto PLC  29 May 2025

 

Notice to
ASX/LSE

 

Publication of Report on Payments to Governments for the year ended 31
December 2024

29 May 2025

 

 

Our report on payments to governments made by Rio Tinto and its subsidiary
undertakings for the year ended 31 December 2024 as required under the UK's
Report on Payments to Governments Regulations 2014 (as amended in December
2015) has been filed at Companies House.   The report also satisfies the
requirements of Rule 4.3A of the Disclosure and Transparency Rules of the
Financial Conduct Authority in the United Kingdom.

We also continue to publish, on a voluntary basis, our Taxes and Royalties
Paid Report 2024, which is more comprehensive than the mandatory filing and
includes the wider payments made by Rio Tinto to governments in each of the
main countries in which we operate.

Rio Tinto paid US$8.4 billion of taxes and royalties and a further US$1.8
billion on behalf of its employees during 2024.

Our Taxes and Royalties Paid Report also includes information about our tax
strategy including our tax policy, our commitment to transparency and our
approach to responsible tax principles.

Our Taxes and Royalties Paid Report 2024 report is available to download at:

Taxes and Royalties Paid Report 2024
(https://www.riotinto.com/en/invest/reports/taxes-paid-report)

 

Text of Report on Payments to Governments for the year 2024 filed at Companies
House:

 GOVERNMENT PAYMENTS BY TYPE
 Company Name                                         RIO TINTO PLC
 Company Number                                       00719885
 Report Name                                          Extractive Industry Reporting
 Report End Date                                      31-Dec-24
 Currency                                             USD
 Country Code  Tax Authority Name                                                            Payment Type  Unit Measure  Volume  Valuation Method  Amount         Notes  Version  Filing Date
 ARG           ADMINISTRACION FEDERAL DE INGRESOS PUBLICOS                                   Tax                         0                         16,880,594            1        29-May-25
 AUS           AUSTRALIAN TAXATION OFFICE                                                    Tax                         0                         3,654,271,678         1        29-May-25
 AUS           NORTHERN TERRITORY REVENUE OFFICE                                             Royalties                   0                         50,293,231            1        29-May-25
 AUS           STATE OF QUEENSLAND                                                           Royalties                   0                         126,389,229           1        29-May-25
 AUS           STATE OF WESTERN AUSTRALIA                                                    Royalties                   0                         2,099,400,355         1        29-May-25
 AUS           NORTHERN TERRITORY REVENUE OFFICE                                             Fees                        0                         6,565,732             1        29-May-25
 AUS           STATE OF QUEENSLAND                                                           Fees                        0                         1,965,268             1        29-May-25
 AUS           STATE OF WESTERN AUSTRALIA                                                    Fees                        0                         15,003,832            1        29-May-25
 CAN           CANADA REVENUE AGENCY                                                         Tax                         0                         92,897,412     A      1        29-May-25
 CAN           GOVERNMENT OF NEWFOUNDLAND AND LABRADOR                                       Tax                         0                         31,347,823            1        29-May-25
 CAN           REVENUE QUEBEC                                                                Tax                         0                         5,649,148             1        29-May-25
 CAN           CONSEIL DES INNUS DE EKUANITSHIT                                              Fees                        0                         783,172               1        29-May-25
 CAN           GOVERNMENT OF NEWFOUNDLAND AND LABRADOR                                       Fees                        0                         255,672               1        29-May-25
 CAN           GOVERNMENT OF NORTHWEST TERRITORIES                                           Fees                        0                         7,052,583             1        29-May-25
 CAN           INNU NATION (Labrador)                                                        Fees                        0                         2,643,193             1        29-May-25
 CAN           LES INNUS DE UASHAT MAK MANI-UTENAM AND LES INNUS DE MATIMEKUSH-LAC JOHN      Fees                        0                         4,318,350             1        29-May-25
 CAN           LUTSEL K'E DENE FIRST NATION                                                  Fees                        0                         299,946               1        29-May-25
 CAN           NASKAPI NATION OF KAWAWACHIKAMACH                                             Fees                        0                         1,122,746             1        29-May-25
 CAN           TLICHO GOVERNMENT                                                             Fees                        0                         1,218,962             1        29-May-25
 CAN           YELLOWKNIVES DENE FIRST NATION                                                Fees                        0                         841,941               1        29-May-25
 CHL           SERVICIO DE IMPUESTOS INTERNOS                                                Tax                         0                         160,608               1        29-May-25
 KAZ           STATE REVENUE COMMITTEE                                                       Fees                        0                         701,773               1        29-May-25
 MDG           MADAGASCAR - GENERAL DIRECTION OF TAXES                                       Tax                         0                         1,181,895             1        29-May-25
 MDG           TRESORERIE GENERALE DE FORT DAUPHIN                                           Royalties                   0                         5,768,606             1        29-May-25
 MNG           MONGOLIA - GENERAL DEPARTMENT OF TAXATION                                     Tax                         0                         13,061,197            1        29-May-25
 MNG           MONGOLIA - GENERAL DEPARTMENT OF TAXATION                                     Royalties                   0                         126,246,003           1        29-May-25
 MNG           MINERAL RESOURCES AND PETROLEUM AUTHORITY OF MONGOLIA                         Fees                        0                         221,763               1        29-May-25
 MNG           ULAANBAATAR CITY                                                              Fees                        0                         779,934               1        29-May-25
 MNG           UMNUGOVI PROVINCE                                                             Fees                        0                         59,669,676            1        29-May-25
 MNG           WATER AGENCY GOVERNMENT ORGANIZATION                                          Fees                        0                         113,200               1        29-May-25
 MNG           GOBI OYU DEVELOPMENT SUPPORT FUND                                             Bonuses                     0                         1,593,947      B      1        29-May-25
 MNG           OYU TOLGOI CATALYST FUND FOR KHANBOGD DEVELOPMENT                             Bonuses                     0                         12,282,647     C      1        29-May-25
 PER           PERU - THE NATIONAL SUPERINTENDENCY OF CUSTOMS AND TAX ADMINISTRATION         Fees                        0                         798,385               1        29-May-25
 USA           USA - INTERNAL REVENUE SERVICE                                                Tax                         0                         (28,438,780)          1        29-May-25
 USA           UTAH STATE TAX COMMISSION                                                     Royalties                   0                         16,423,992            1        29-May-25
 USA           ARIZONA DEPARTMENT OF REVENUE                                                 Fees                        0                         106,889               1        29-May-25
 USA           CALIFORNIA FRANCHISE TAX BOARD                                                Fees                        0                         129,423               1        29-May-25
 USA           KERN COUNTY TREASURER AND TAX COLLECTOR (CA)                                  Fees                        0                         5,594,339             1        29-May-25
 USA           PINAL COUNTY TREASURER (AZ)                                                   Fees                        0                         1,361,968             1        29-May-25
 USA           SALT LAKE COUNTY (UT)                                                         Fees                        0                         55,068,829            1        29-May-25
 ZAF           SOUTH AFRICAN REVENUE SERVICE                                                 Tax                         0                         65,591,414            1        29-May-25
 ZAF           SOUTH AFRICAN REVENUE SERVICE                                                 Royalties                   0                         11,888,544            1        29-May-25
               TOTAL                                                                                                                               6,469,507,119
 Note A: Payments reported are net of a cash refund of $867,618 in respect of
 Diavik.
 Note B: Bonuses include contributions under the Oyu Tolgoi LLC's Communities
 Co-operation Agreement.
 Note C: Bonuses include contributions under the Khanbodg Soum Centre
 Development Partnership Agreement.

 

 GOVERNMENT PAYMENT TOTALS
 Company Name                           RIO TINTO PLC
 Company Number                         00719885
 Report Name                            Extractive Industry Reporting
 Report End Date                        31-Dec-24
 Currency                               USD
 Government                                                                    Country Code   Amount        Version  Notes  Filing Date
 ADMINISTRACION FEDERAL DE INGRESOS PUBLICOS                                   ARG           16,880,594     1        D      29-May-25
 NORTHERN TERRITORY REVENUE OFFICE                                             AUS           56,858,964     1        D      29-May-25
 STATE OF QUEENSLAND                                                           AUS           128,354,496    1        D      29-May-25
 STATE OF WESTERN AUSTRALIA                                                    AUS           2,114,404,187  1        D      29-May-25
 AUSTRALIAN TAXATION OFFICE                                                    AUS           3,654,271,678  1        D      29-May-25
 CONSEIL DES INNUS DE EKUANITSHIT                                              CAN           783,172        1        D      29-May-25
 GOVERNMENT OF NEWFOUNDLAND AND LABRADOR                                       CAN           31,603,496     1        D      29-May-25
 GOVERNMENT OF NORTHWEST TERRITORIES                                           CAN           7,052,583      1        D      29-May-25
 INNU NATION (Labrador)                                                        CAN           2,643,193      1        D      29-May-25
 LES INNUS DE UASHAT MAK MANI-UTENAM AND LES INNUS DE MATIMEKUSH-LAC JOHN      CAN           4,318,350      1        D      29-May-25
 LUTSEL K'E DENE FIRST NATION                                                  CAN           299,946        1        D      29-May-25
 NASKAPI NATION OF KAWAWACHIKAMACH                                             CAN           1,122,746      1        D      29-May-25
 TLICHO GOVERNMENT                                                             CAN           1,218,962      1        D      29-May-25
 YELLOWKNIVES DENE FIRST NATION                                                CAN           841,941        1        D      29-May-25
 CANADA REVENUE AGENCY                                                         CAN           92,897,412     1        A,D    29-May-25
 REVENUE QUEBEC                                                                CAN           5,649,148      1        D      29-May-25
 SERVICIO DE IMPUESTOS INTERNOS                                                CHL           160,608        1        D      29-May-25
 STATE REVENUE COMMITTEE                                                       KAZ           701,773        1        D      29-May-25
 TRESORERIE GENERALE DE FORT DAUPHIN                                           MDG           5,768,606      1        D      29-May-25
 MADAGASCAR - GENERAL DIRECTION OF TAXES                                       MDG           1,181,895      1        D      29-May-25
 GOBI OYU DEVELOPMENT SUPPORT FUND                                             MNG           1,593,947      1        E      29-May-25
 OYU TOLGOI CATALYST FUND FOR KHANBOGD DEVELOPMENT                             MNG           12,282,647     1        E      29-May-25
 MINERAL RESOURCES AND PETROLEUM AUTHORITY OF MONGOLIA                         MNG           221,763        1        E      29-May-25
 ULAANBAATAR CITY                                                              MNG           779,934        1        E      29-May-25
 UMNUGOVI PROVINCE                                                             MNG           59,669,676     1        E      29-May-25
 WATER AGENCY GOVERNMENT ORGANIZATION                                          MNG           113,200        1        E      29-May-25
 MONGOLIA - GENERAL DEPARTMENT OF TAXATION                                     MNG           139,307,200    1        E      29-May-25
 PERU - THE NATIONAL SUPERINTENDENCY OF CUSTOMS AND TAX ADMINISTRATION         PER           798,385        1        D      29-May-25
 ARIZONA DEPARTMENT OF REVENUE                                                 USA           106,889        1               29-May-25
 CALIFORNIA FRANCHISE TAX BOARD                                                USA           129,423        1               29-May-25
 KERN COUNTY TREASURER AND TAX COLLECTOR (CA)                                  USA           5,594,339      1               29-May-25
 PINAL COUNTY TREASURER (AZ)                                                   USA           1,361,968      1               29-May-25
 SALT LAKE COUNTY (UT)                                                         USA           55,068,829     1               29-May-25
 USA - INTERNAL REVENUE SERVICE                                                USA           (28,438,780)   1               29-May-25
 UTAH STATE TAX COMMISSION                                                     USA           16,423,992     1               29-May-25
 SOUTH AFRICAN REVENUE SERVICE                                                 ZAF           77,479,957     1        D      29-May-25
 TOTAL                                                                                       6,469,507,119
 Note D: Amounts in local currency are converted to US$ at the average exchange
 rate for the year.
 Note E: Amounts in local currency are converted to US$ at the exchange rate at
 the time the payments were made.

 

 

 PROJECT PAYMENTS BY TYPE
 Company Name                        RIO TINTO PLC
 Company Number                      00719885
 Report Name                         Extractive Industry Reporting
 Report End Date                     31-Dec-24
 Currency                            USD
 Project Code  Project Name                                Country Code  Payment Type  Unit Measure  Volume  Valuation Method  Amount         Notes  Version  Filing Date
 ARG01         RINCON - ARGENTINA                          ARG           Tax                         0                         35,464,395            1        29-May-25
 AUS01         PILBARA - WESTERN AUSTRALIA                 AUS           Tax                         0                         3,952,931,118  F      1        29-May-25
 AUS01         PILBARA - WESTERN AUSTRALIA                 AUS           Royalties                   0                         2,096,460,438         1        29-May-25
 AUS01         PILBARA - WESTERN AUSTRALIA                 AUS           Fees                        0                         14,860,403            1        29-May-25
 AUS05         DAMPIER SALT - AUSTRALIA                    AUS           Tax                         0                         35,367,429            1        29-May-25
 AUS05         DAMPIER SALT - AUSTRALIA                    AUS           Royalties                   0                         2,939,918             1        29-May-25
 AUS05         DAMPIER SALT - AUSTRALIA                    AUS           Fees                        0                         143,429               1        29-May-25
 AUS06         GOVE - AUSTRALIA                            AUS           Royalties                   0                         50,293,231            1        29-May-25
 AUS06         GOVE - AUSTRALIA                            AUS           Fees                        0                         6,565,732             1        29-May-25
 AUS07         WEIPA INCLUDING AMRUN - AUSTRALIA           AUS           Tax                         0                         (79,752,159)   G      1        29-May-25
 AUS07         WEIPA INCLUDING AMRUN - AUSTRALIA           AUS           Royalties                   0                         126,389,228           1        29-May-25
 AUS07         WEIPA INCLUDING AMRUN - AUSTRALIA           AUS           Fees                        0                         1,965,268             1        29-May-25
 AUS08         WINU - AUSTRALIA                            AUS           Tax                         0                         (20,429,763)   G      1        29-May-25
 AUSEXP01      EXPLORATION - AUSTRALIA                     AUS           Tax                         0                         (22,232,782)   G      1        29-May-25
 AUSOTH01      HEAD OFFICE / NON-EXTRACTIVE AUSTRALIA      AUS           Tax                         0                         (230,195,965)  G      1        29-May-25
 CAN01         IRON ORE COMPANY OF CANADA                  CAN           Tax                         0                         129,264,702           1        29-May-25
 CAN01         IRON ORE COMPANY OF CANADA                  CAN           Fees                        0                         8,339,961             1        29-May-25
 CAN02         DIAVIK - CANADA                             CAN           Tax                         0                         (867,618)             1        29-May-25
 CAN02         DIAVIK - CANADA                             CAN           Fees                        0                         9,413,432             1        29-May-25
 CAN03         RIO TINTO FER ET TITANE - CANADA            CAN           Tax                         0                         1,497,300             1        29-May-25
 CAN03         RIO TINTO FER ET TITANE - CANADA            CAN           Fees                        0                         783,172               1        29-May-25
 CHLEXP01      EXPLORATION - CHILE                         CHL           Tax                         0                         160,608               1        29-May-25
 KAZEXP01      EXPLORATION - KAZAKHSTAN                    KAZ           Fees                        0                         701,773               1        29-May-25
 MDG01         QIT MADAGASCAR MINERALS                     MDG           Tax                         0                         1,181,895             1        29-May-25
 MDG01         QIT MADAGASCAR MINERALS                     MDG           Royalties                   0                         5,768,605             1        29-May-25
 MNG01         OYU TOLGOI - MONGOLIA                       MNG           Tax                         0                         13,061,197            1        29-May-25
 MNG01         OYU TOLGOI - MONGOLIA                       MNG           Royalties                   0                         126,246,003           1        29-May-25
 MNG01         OYU TOLGOI - MONGOLIA                       MNG           Fees                        0                         60,784,574            1        29-May-25
 MNG01         OYU TOLGOI - MONGOLIA                       MNG           Bonuses                     0                         13,876,594            1        29-May-25
 PEREXP01      EXPLORATION - PERU                          PER           Fees                        0                         798,385               1        29-May-25
 USA01         KENNECOTT UTAH COPPER - US                  USA           Tax                         0                         6,925,310      H      1        29-May-25
 USA01         KENNECOTT UTAH COPPER - US                  USA           Royalties                   0                         16,423,992            1        29-May-25
 USA01         KENNECOTT UTAH COPPER - US                  USA           Fees                        0                         55,068,829            1        29-May-25
 USA02         RESOLUTION COPPER - US                      USA           Tax                         0                         (36,933,176)   H      1        29-May-25
 USA02         RESOLUTION COPPER - US                      USA           Fees                        0                         1,361,968             1        29-May-25
 USA03         US BORAX                                    USA           Tax                         0                         14,627,122     H      1        29-May-25
 USA03         US BORAX                                    USA           Fees                        0                         5,723,761             1        29-May-25
 USAEXP01      EXPLORATION - US                            USA           Tax                         0                         (13,058,036)   H      1        29-May-25
 USAEXP01      EXPLORATION - US                            USA           Fees                        0                         106,889               1        29-May-25
 ZAF01         RICHARDS BAY MINERALS - SOUTH AFRICA        ZAF           Tax                         0                         65,591,414            1        29-May-25
 ZAF01         RICHARDS BAY MINERALS - SOUTH AFRICA        ZAF           Royalties                   0                         11,888,543            1        29-May-25
               TOTAL                                                                                                           6,469,507,119
 Note F: Project amount includes payments / refunds between entities within tax
 groups where final payments to government are paid by the head /
 representative entity on behalf of the tax group.
 Note G: Project amount includes payments / refunds between entities within tax
 groups where final payments to government are paid by the head /
 representative entity on behalf of the tax group. This does not represent an
 actual refund from the Australian Tax Office.
 Note H: Project amount includes payments / refunds between entities within tax
 groups where final payments to government are paid by the head /
 representative entity on behalf of the tax group. Overall there was a net
 refund from the IRS in the year.

 

 PROJECT PAYMENT TOTALS
 Company Name          RIO TINTO PLC
 Company Number        00719885
 Report Name           Extractive Industry Reporting
 Report End Date       31-Dec-24
 Currency              USD
 Project Name                                Project Code   Amount        Version  Notes  Filing Date
 RINCON - ARGENTINA                          ARG01         35,464,395     1               29-May-25
 PILBARA - WESTERN AUSTRALIA                 AUS01         6,064,251,959  1               29-May-25
 DAMPIER SALT - AUSTRALIA                    AUS05         38,450,776     1               29-May-25
 GOVE - AUSTRALIA                            AUS06         56,858,964     1               29-May-25
 WEIPA INCLUDING AMRUN - AUSTRALIA           AUS07         48,602,337     1               29-May-25
 WINU - AUSTRALIA                            AUS08         (20,429,763)   1               29-May-25
 EXPLORATION - AUSTRALIA                     AUSEXP01      (22,232,782)   1               29-May-25
 HEAD OFFICE / NON-EXTRACTIVE AUSTRALIA      AUSOTH01      (230,195,965)  1               29-May-25
 IRON ORE COMPANY OF CANADA                  CAN01         137,604,663    1               29-May-25
 DIAVIK - CANADA                             CAN02         8,545,814      1        A      29-May-25
 RIO TINTO FER ET TITANE - CANADA            CAN03         2,280,471      1               29-May-25
 EXPLORATION - CHILE                         CHLEXP01      160,608        1               29-May-25
 EXPLORATION - KAZAKHSTAN                    KAZEXP01      701,773        1               29-May-25
 QIT MADAGASCAR MINERALS                     MDG01         6,950,501      1               29-May-25
 OYU TOLGOI - MONGOLIA                       MNG01         213,968,367    1               29-May-25
 EXPLORATION - PERU                          PEREXP01      798,385        1               29-May-25
 KENNECOTT UTAH COPPER - US                  USA01         78,418,131     1               29-May-25
 RESOLUTION COPPER - US                      USA02         (35,571,208)   1               29-May-25
 US BORAX                                    USA03         20,350,883     1               29-May-25
 EXPLORATION - US                            USAEXP01      (12,951,147)   1               29-May-25
 RICHARDS BAY MINERALS - SOUTH AFRICA        ZAF01         77,479,957     1               29-May-25
 TOTAL                                                     6,469,507,119

 

LEI: 213800YOEO5OQ72G2R82

Classification: 1.3 Payments to governments

 

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

 

 

 Media Relations,        Media Relations,               Media Relations,
 United Kingdom          Australia                      Canada

 
 
 

 Matthew Klar            Matt Chambers                  Simon Letendre

 M +44 7796 630 637      M +61 433 525 739              M +1 514 796 4973

 David Outhwaite         Michelle Lee                   Malika Cherry

 M +44 7787 597 493      M +61 458 609 322              M +1 418 592 7293

                         Rachel Pupazzoni               Vanessa Damha

                         M +61 438 875 469              M +1 514 715 2152

Media Relations,
                                                        US

 

                                                        Jesse Riseborough

                                                        M +1 202 394 9480

 Investor Relations,     Investor Relations,
 United Kingdom          Australia

 
 

 Rachel Arellano         Tom Gallop

M: +44 7584 609 644

                       M +61 439 353 948

 David Ovington

                       Phoebe Lee
 M +44 7920 010 978

                       M +61 413 557 780

 Laura Brooks

 M +44 7826 942 797

 Weiwei Hu

 M +44 7825 907 230

 Rio Tinto plc           Rio Tinto Limited

 
 

 6 St James's Square     Level 43, 120 Collins Street

 London SW1Y 4AD         Melbourne 3000

 United Kingdom          Australia

 T +44 20 7781 2000      T +61 3 9283 3333

 Registered in England   Registered in Australia

 No. 719885              ABN 96 004 458 404

This announcement is authorised for release to the market by Andy Hodges, Rio
Tinto's Group Company Secretary.

 

 

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