Rio’s taxes, royalties reached $4bn in 2016

Mining major Rio Tinto has revealed that it paid some $4-billion in taxes and royalties globally in 2016, and contributed more than $35-billion directly to economies in host communities.

Some $2.9-billion of the taxes and royalties were paid in Australia, with a further $249-million paid in Canada, $215-million in Mongolia, $205-million in Chile, $102-million in the US and $100-million in South Africa.