Rio Tinto commits A$250 million to support communities in Western Australia
PERTH, Australia–(BUSINESS WIRE)–Rio Tinto is building on more than 50 years of work to help create thriving and resilient communities across Western Australia with a $250 million Australian commitment to the new Community Investment Initiative in state government resources.
initiative announcement by the Premier of Western Australia, Mark McGowan, MLA, today provides a platform for direct contributions from resource companies to the iconic community infrastructure projects that will make Western Australia a even better place to live.
A first pipeline of projects has already been identified. Rio Tinto and the Government of Western Australia will work together to further define the projects that Rio Tinto will help fund over the next 10 years.
This initiative will include projects that contribute to long-term social and economic outcomes in areas such as education and training, health, Indigenous wellness, and energy decarbonization.
Simon Trott, Managing Director of Rio Tinto Iron Ore, said: “This initiative is a great example of government and industry working together to support critical projects that will enable our community to thrive for generations to come.
“We want to leave a lasting and positive legacy wherever we operate, and this initiative will build on our more than 50 years of work to help create thriving and resilient communities across Western Australia.”
An advisory committee, comprised of an independent chair as well as government and industry representatives, will be convened to oversee this exciting initiative.
WA Premier Mark McGowan said: “I applaud Rio Tinto for its contribution and leadership as a founding partner in this important initiative, which will have lasting benefits for generations.
“I look forward to seeing some iconic state projects delivered, with continued support from Rio Tinto.
“With our state’s strong economic position, we are in the perfect position to settle for the long term and make Western Australia an even better place to live.”
For more information, visit WA.gov.au/rcii.
Note to editors:
Through community and social investments, Rio Tinto seeks to produce positive and measurable social results and help communities achieve their goals and aspirations. Our total voluntary global social investments were $72 million, covering health, education, environment, agriculture and business development programs. This is an increase of approximately 53% over 2020 voluntary social investment spending.
Earlier this year Rio Tinto committed 75 million Australian dollars over 10 years to renew its partnerships with Ashburton County and the Town of Karratha to continue to deliver a range of important community projects in both areas.