Rio Tinto celebrates WA businesses as regional and indigenous supplier spend grows [Yahoo! Finance]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Yahoo! Finance
economies, with the company boosting spending with local businesses near its operations by almost 40 per cent from a year earlier. In 2023, Rio Tinto worked with more than 2,400 suppliers in Western Australia and spent A$8.8 billion across the State. Of this, A$875 million was spent supporting local businesses located near its operations. The company also increased its spend with WA Indigenous businesses by 35 per cent in 2023, compared to the year prior, with a record A$593 million spent. In the Pilbara, Rio Tinto spent A$835 million with local businesses, of this A$499 million was spent with Pilbara-based Indigenous businesses. More than 80 per cent of these businesses were Traditional Owner businesses. Since 2018, Rio Tinto has increased its annual spend with suppliers in Western Australia by 78 per cent, as part of the company's ongoing commitment to support the communities where it operates. Rio Tinto last night celebrated the contribution of its suppliers at its second
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RIO
Analyst Actions
- 3/5/24 - Liberum Capital
RIO
Sec Filings
- 4/16/24 - Form SD
- 2/27/24 - Form IRANNOTICE
- RIO's page on the SEC website