Rio Tinto releases details of $9.9 billion of taxes and royalties paid in 2025
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Business Wire
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has published its 2025 Taxes and Royalties Paid Report, which details $9.9 billion of taxes and royalties paid globally during the year (2024: $8.4 billion).In Australia, taxes and royalties totalling $6.1 billion (A$9.5 billion) were paid in 2025, including corporate tax paid of $3.7 billion (A$5.8 billion). Rio Tinto also made significant tax and royalty payments in Chile ($1.1 billion), the United States ($1.0 billion), Mongolia ($628 million) and Canada ($399 million).Higher tariffs on primary aluminium exports from Canada to the United States, including the removal of the 10% tariff exemption from March 2025, resulted in almost $1 billion in additional tax payments in the United States. Higher profits at Escondida resulted in higher corporate tax payments in Chile and increased copper production and prices at Oyu Tolgoi resulted in higher royalty payments in Mongolia.Rio Tinto Chief Financial Officer Peter Cunningham said: “The
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