Economic contributions
Through our operations, Rio Tinto Coal Australia (RTCA) makes a significant direct and indirect contribution to the national economy, as well as the economies of New South Wales and Queensland and the local economies of the regions surrounding our operations.
Direct contributions by the mining industry include both economic and community contributions. We contribute to the economy by:
- Purchasing goods and services from suppliers
- Paying wages and salaries to employees and
- Paying rates, royalties and other taxes to governments, which are used for the provision of services and infrastructure.
Coal & Allied contribution to economy
| Local community | Regional area | National | International | Total | |
|---|---|---|---|---|---|
| Payments to suppliers* | $165 million | $273 million | $433 million | $105 million | $976 million |
| Wages, salaries, benefits paid to employees | $213 million | $213 million | |||
| Taxes, royalties paid to governments | $66 million | $43 million | $109 million | ||
| Total | $378 million | $339 million | $476 million | $105 million | $1,298 million |
Note: Data is provided on an equity share basis.
* Breakdown by local, regional, national and international is estimated only.
RTCA contribution to economy
| Local community | Regional area | National | International | Total | |
|---|---|---|---|---|---|
| Payments to suppliers* | $125 million | $354 million | $120 million | $75 million | $674 million |
| Wages, salaries, benefits paid to employees | $172 million | $172 million | |||
| Taxes, royalties paid to governments | $6 million | $56 million | $151 million | $213 million | |
| Total | $303 million | $410 million | $271 million | $75 million | $1,059 million |
Note: Data is provided on an equity share basis.
* Breakdown by local, regional, national and international is estimated only.
There are also a number of indirect contributions to the economy resulting from our business. These include employees spending their wages, governments distributing tax revenues, shareholders spending their profits and export revenues generated from international sales of our products.