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Rio tax contribution breaks $5 billion

Rio Tinto (LN:RIO) this week reported it paid out US$5.1 billion in royalties and general taxes over 2017, with around 80% of that funnelled into government coffers in Australia and Mongolia, where the company has come under pressure for what some see as inadequate economic contributions.

Rio tax contribution breaks $5 billion Rio tax contribution breaks $5 billion Rio tax contribution breaks $5 billion Rio tax contribution breaks $5 billion Rio tax contribution breaks $5 billion

Doing the right things is only half the battle for miners facing the legacy of bad reputation