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Rio Tinto in Africa Global Citizen Or Corporate Shame?

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Rio Tinto in Africa Global Citizen Or Corporate Shame? Rio Tinto in Africa Global Citizen or Corporate Shame? $SUR¿OHRI5LR7LQWR¶VDFWLYLWLHVDQGSURMHFWVLQ$IULFD SUHSDUHGE\,QGXVWUL$//*OREDO8QLRQFRYHULQJPLOOLRQ ZRUNHUVLQFRXQWULHVDURXQGWKHZRUOG 2 | RIO TINTO IN AFRICA */2%$/&,7,=(125&25325$7(6+$0(" 3XEOLVKHGE\,QGXVWUL$//*OREDO8QLRQLQ-XQH &RYHULPDJH+DQGV,QWHUQDWLRQDO/DERXU2UJDQL]DWLRQ&UR]HW0 &RSLHVRIWKLVUHSRUWDQGIXUWKHULQIRUPDWLRQDUHDYDLODEOHWRGRZQORDGIURPWKHIROORZLQJZHEVLWHDGGUHVV www.industriall-union.org IndustriALL Global Union ,QGXVWUL$//*OREDO8QLRQLVDQHZLQWHUQDWLRQDORUJDQL]DWLRQWKDWEULQJVWRJHWKHUXQLRQVUHSUHVHQWLQJPLOOLRQ ZRUNHUVLQFRXQWULHVLQWKHPLQLQJHQHUJ\DQGPDQXIDFWXULQJVHFWRUV ,QGXVWUL$//LVDQHZIRUFHLQJOREDOVROLGDULW\WDNLQJXSWKH¿JKWIRUEHWWHUZRUNLQJFRQGLWLRQVDQGWUDGHXQLRQULJKWV DURXQGWKHZRUOG7KHRUJDQL]DWLRQFDPHWRJHWKHUDWLWVIRXQGLQJFRQJUHVVLQ-XQH ,QGXVWUL$//LVFRPPLWWHGWRQHJRWLDWLQJZLWKPXOWLQDWLRQDOFRPSDQLHVDWWKHJOREDOOHYHO&RYHULQJZRUNHUVLQWKH PLQLQJVHFWRUDQGPDQXIDFWXULQJVHFWRUVPHDQVWKDW,QGXVWUL$//FRYHUVPDQ\RIWKHZRUOG¶VODUJHVWDQGPRVW SUR¿WDEOHFRPSDQLHV $VFRPSDQLHVKDYHEHFRPHPRUHLQWHUQDWLRQDODQGJOREDOWKH\KDYHLQYHVWHGPRUHDQGPRUHLQULVNPDQDJHPHQW WKURXJKµFRUSRUDWHVRFLDOUHVSRQVLELOLW\¶DVDµEUDQG¶WRKHOSPDQDJHWKHLUVKDUHKROGHUV %XWGRHVWKH&65SURPLVHPDWFKWKHUHDOLW\RIWKHZRUNLQJOLYHVRISHRSOHDFURVVWKHJOREH )RUWRRORQJLQWHUQDWLRQDOFRPSDQLHVKDYHJRWDZD\ZLWKJRRGFRUSRUDWHFLWL]HQU\LQRQHFRXQWU\ZKLOHFRQWLQXLQJ SRRUSUDFWLFHVLQDQRWKHU ,QGXVWUL$//ZLOOEHZRUNLQJDFURVVWKHPHPEHUVKLSLQFRXQWULHVWREXLOGVWURQJHUXQLRQV¿JKWIRUZRUNHUV¶ ULJKWVFDPSDLJQDJDLQVWSUHFDULRXVIRUPVRIZRUNDQGWRSURPRWHVRFLDOMXVWLFHKHDOWKDQGVDIHW\DWZRUNDQG HTXDOLW\IRUZRPHQLQWKHZRUNSODFH RIO TINTO IN AFRICA */2%$/&,7,=(125&25325$7(6+$0(" | 3 Mining Companies and Global Social Responsibility ,QWKHPLGVWRIWKHZRUVWJOREDOUHFHVVLRQHYHUWRKLWWKHZRUOGLQWKHPLQLQJLQGXVWU\H[SHULHQFHGD FRPPRGLW\ERRP7KLVERRPODUJHO\IXHOOHGE\WKHJURZWKRI&KLQDDQG,QGLDFUHDWHGXQSUHFHQGHQWHGGHPDQG IRUFRDOPLQHUDOUHVRXUFHVDQGSUHFLRXVVWRQHV$JDLQVWWKHEDFNJURXQGRIWKH¿QDQFLDOFULVHVPLQLQJFRPSDQLHV FRQWLQXHGWRRXWSHUIRUPWKHRYHUDOOPDUNHWDVFRQVXPHUVHFWRUVGHSHQGHQWRQGHPDQGIURPGHYHORSLQJ HFRQRPLHVVWUXJJOHGWRUHFRYHU0RVWPLQLQJFRPSDQLHVFDPHWKURXJKWKHFULVHVZLWKUREXVWEDODQFHVKHHWV $VWKHJOREDOHFRQRP\IDFHVDQRWKHUWKUHDWRIDOLNHO\UHFHVVLRQLQGXFHGE\WKH(XUR]RQHFULVHVWKHPLQLQJ LQGXVWU\LVSRLVHGWRSURYLGHDKDYHQDOWKRXJKQRWTXLWHDWWKHOHYHORIWKHODVW¿QDQFLDOFULVLV$FFRULQJWR5LR 7LQWR¶V7RP$OEDQHVH´WKHORQJHUWHUPGHPDQGSLFWXUHUHPDLQVSRVLWLYH´ 3DUDGR[LFDOO\PLQHZRUNHUVDQGPDQ\ORFDOPLQLQJFRPPXQLWLHVIDLOWREHQH¿WIURPWKHRQJRLQJVWUHQJWKDQG VXFFHVVRIWKHJOREDOPLQLQJLQGXVWU\$FFRUGLQJWKHWKH6RFLDO:DWFK5HSRUWWKHHFRQRPLFJURZWKGULYHQ E\PLQLQJDVLWVPDLQPRWRUDQGOHGE\HVFDODWLQJFRPPRGLW\SULFHV³LVQRWEHQH¿WWLQJWKHPDMRULWLHV´RIWKH SRSXODWLRQVRIGHYHORSLQJFRXQWULHV,QVWHDGWKHJOREDOPLQLQJJLDQWVJHWELJJHUDQGPRUHSUR¿WDEOHZKLOHPDQ\ QDWLRQVVWUXJJOHWRSURYLGHEDVLFVHUYLFHVWRWKHFRPPXQLWLHV Rio Tinto – from global giant to corporate citizen ,QGXVWUL$//LVFRPPLWWHGWRFDPSDLJQLQJDFURVVRXUPHPEHUVKLSLQFRXQWULHVWRUDLVHWKHSUR¿OHRI5LR7LQWR DQGLWVSUDFWLFHVDFURVVWKHZRUOG 7KLVPLQLQJJLDQWKDVDKXJHLQWHUQDWLRQDOIRRWSULQWJHQHUDWLQJHQRUPRXVSUR¿WVIURPWKHQDWXUDOUHVRXUFHVDQG PLQHUDOVWKDWVKRXOGULJKWO\EHQH¿WQDWLRQVDQGWKHLUFRPPXQLWLHV 5LR7LQWRKDVDOUHDG\EHHQQDPHGDVWKHWKPRVWFRQWURYHUVLDOFRPSDQ\LQWKHZRUOGE\5HS5LVND¿UP VSHFLDOL]LQJLQDVVHVVLQJWKHSRVVLEOHHQYLURQPHQWDOVRFLDOJRYHUQDQFHDQGUHSXWDWLRQDOULVNVRIPXOWLQDWLRQDO FRPSDQLHV ,QSURWHVWDFWLRQVDFFRPSDQLHG5LR7LQWR¶V$*07KHVHSURWHVWVLQYROYHGUHJLRQVDURXQGWKHJOREHZKHUH 5LR7LQWRKDVRSHUDWLRQVVXFKDV,QGRQHVLD0RQJROLDDQGWKH867KHLVVXHVWKDWEURXJKWWRJHWKHUDFWLYLVWVIURP PXOWLSOHVLJKWVRIVWUXJJOHVDURXQGWKHZRUOGKDYHQRWEHHQUHVROYHGDVLVHYLGHQFHGE\VLPLODUDFWLRQVLQ WKDWDFFRPSDQLHG5LR7LQWR¶V$*0VXFKDVWKH8QLWHG6WHHOZRUNHUVGLVSXWHZLWK5LR7LQWRRYHUWKHORFNRXWRI ZRUNHUVLQ$OPD4XpEHF&RQWURYHUVLHVVXUURXQGLQJ5LR7LQWRLQFOXGHNH\LVVXHVVXFKDVWKHKLJKO\SXEOLFL]HG XUDQLXPPLQLQJHQYLURQPHQWDODQGKHDOWKKD]DUGVIRUZRUNHUVDOOHJHGJHQRFLGHDQGZDUFULPHVLQ3DSXD1HZ *XLQHDWKHXVHRISULYDWHPHUFHQDU\DQGVHFXULW\FRPSDQLHVWKHULVNRIVRFLDODQGHQYLURQPHQWDOGDPDJHDW PDQ\RSHUDWLQJPLQHVDQGPLQLQJSURMHFWVSURSRVHGE\5LR7LQWRDQGLWVVXEVLGLDULHV 5LR7LQWRDOVRVWDQGVDFFXVHGRIZKROHVDOHYLRODWLRQRIWKH:RUOG%DQN¶V,QWHUQDWLRQDO)LQDQFLDO&RUSRUDWLRQV VWDQGDUGJXLGHOLQHVDWWDFKHGWRWKHORDQFRQGLWLRQVIRUOHQGLQJVXFKDVLQ&DPHURRQDQG*XLQHD IndustriALL is committed to a campaign that: Shines a light on the activities of Rio Tinto in communities across the world Measures up Rio’s claims to being a good corporate citizen with the realities. Communicates with shareholders and the business community to inform them of Rio’s behaviours. Builds a global campaign audience through members, activist groups and the global environment movement. | RIO TINTO IN AFRICA */2%$/&,7,=(125&25325$7(6+$0(" Rio Tinto in summary: RIO TINTO plc. 7<3( Public Company 75$'( ASE: RIO LSE: RIO NYSE: RIO ,1'8675< Metals and Mining )281'(' 1873 +($'48$7(56 London, United Kingdom .(<3(23/( Jan Du Plessis: Chairman Tom Albanes: CEO 352'8&76 I ron ore, Bauxite, Alumina, Aluminium, Copper, Molydbenum, Gold, Diamonds, Coal, Uranium, Titanium Dioxide, Borates, Salt, Talc 5(9(18( US$ 26.2 billion (2010) US$ 27.4 billion (2011) (03/2<((6 77 000 people (2010) 51 000 people (2011) Source: http://en.wikipedia.org/wiki/Rio_Tinto_Group 5LR7LQWRLVDOHDGLQJLQWHUQDWLRQDOPLQLQJJURXSKHDGTXDUWHUHGLQWKH8.FRPELQLQJ5LR7LQWRSOFD/RQGRQDQG1HZ <RUN6WRFN([FKDQJHOLVWHGFRPSDQ\DQG5LR7LQWR/LPLWHGZKLFKLVOLVWHGRQWKH$XVWUDOLDQ6HFXULWLHV([FKDQJH Rio Tinto’sEXVLQHVVLV¿QGLQJPLQLQJDQGSURFHVVLQJPLQHUDOUHVRXUFHV0DMRUSURGXFWVDUHDOXPLQLXPFRSSHU GLDPRQGVWKHUPDODQGPHWDOOXUJLFDOFRDOXUDQLXPJROGLQGXVWULDOPLQHUDOV ERUD[WLWDQLXPGLR[LGHDQGVDOW DQG LURQRUH$FWLYLWLHVVSDQWKHZRUOGDQGDUHVWURQJO\UHSUHVHQWHGLQ$XVWUDOLDDQG1RUWK$PHULFDZLWKVLJQL¿FDQW EXVLQHVVHVLQ$VLD(XURSH$IULFDDQG6RXWK$PHULFD 5LR7LQWRUHSRUWHGDQLQFUHDVHLQLWVXQGHUO\LQJHDUQLQJVWRDUHFRUG86ELOOLRQLQ&DVKÀRZIURP WKHJURXS¶VRSHUDWLRQVZHUHKLJKHUDW86ELOOLRQDQGFDSLWDOH[SHQGLWXUHMXPSHGWR86ELOOLRQ DJDLQVW86ELOOLRQLQ7RWDOFDSLWDOH[SHQGLWXUHLQRQDSSURYHGSURMHFWVDQGVXVWDLQLQJFDSLWDOLV H[SHFWHGWREH86ELOOLRQ The Swiss metal union UNIA, the International Metalworkers’ Federation (IMF) and the International Federation of Chemical, Energy, Mine and General Workers’ Unions (ICEM) protested against the use of Rio Tinto metals in Olympic medals with an action at the International Olympic Committee (IOC) in Lausanne on 14 May 2012. RIO TINTO IN AFRICA */2%$/&,7,=(125&25325$7(6+$0(" | CONTRIBUTION OF RIO TINTO’S FIVE PRODUCT LINE TO GROUP EARNINGS IRON ORE: 5LR7LQWRLVWKHVHFRQGODUJHVWSURGXFHUVXSSO\LQJWKHJOREDOVHDERUQHLURQRUHWUDGH,URQRUHWKDWLVH[SRUWHGE\ RFHDQWUDGHURXWHVWRFRDVWDORUQHDUFRDVWVWHHOPDNLQJSODQWV ,URQ2UHFRQWULEXWHVRIWKHJURXS¶VWRWDOHDUQLQJV )RUWKHWKLUGTXDUWHURIVD\V$OEDQHVH³:HKDYHVHWQHZTXDUWHUO\UHFRUGVIRULURQRUHVDOHVDQGKDUG FRNLQJFRDOSURGXFWLRQDVRXURSHUDWLRQVUHFRYHUHGIURPWKHVHYHUHZHDWKHUH[SHULHQFHGHDUOLHULQWKH\HDU :KLOVWZHDUHPLQGIXORIFXUUHQWPDUNHWYRODWLOLW\WKHIXQGDPHQWDOVDUHKROGLQJXSZHOOSDUWLFXODUO\IRUEXONWUDGHG FRPPRGLWLHV:HDUHRSHUDWLQJDWIXOOFDSDFLW\VHOOLQJDOOZHSURGXFHDQGRXUJURZWKSURJUDPPHLVRQWUDFN VXSSRUWHGE\WKHVWUHQJWKRIRXUEDODQFHVKHHW´ 5LR7LQWRSURGXFHGDUHFRUGPLOOLRQWRQQHVRILURQRUHLQWKHIRXUWKTXDUWHURIDQGPLOOLRQWRQQHVIRU WKH\HDU ALUMINIUM: 5LR7LQWR¶VLQWHJUDWHGIDFLOLWLHVLQFOXGHKLJKTXDOLW\EDX[LWHPLQHVDQGDOXPLQDUH¿QHULHVDVZHOODVVRPHRIWKH ZRUOG¶VlowestFRVWSULPDU\DOXPLQLXPVPHOWHUV Products %DX[LWHDOXPLQDDOXPLQLXP $OXPLQLXPFRQWULEXWHVRIWKHJURXS¶VWRWDOHDUQLQJV ,WLVWKXVQRWVXUSULVLQJWKDWLQOctober 20115LR7LQWRDQQRXQFHGLWKDGGHFLGHGWRmove away from its aluminum business and would put up close to $8 billion worth of assets for sale2QO\IRXU\HDUVHDUOLHU5LR7LQWRKDG SXUFKDVHG&DQDGLDQDOXPLQXPJLDQW$OFDQIRUELOOLRQDQDFTXLVLWLRQWKDWOHIWLWZLWKDKXJHGHEWEXUGHQ 7KHPRYHZDVDQLQGLFDWLRQWKDW5LR7LQWRZLOOGLYHUWPRUHRILWVUHVRXUFHVLQWRLWVLURQRUHEXVLQHVVZKLFK DOUHDG\FRQWULEXWHVDERXWRIWKHFRPSDQ\¶VHDUQLQJVRio Tinto said it would sell 13 assets which include VPHOWHUVDQGUH¿QHULHVDFURVV$XVWUDOLD1HZ=HDODQG*HUPDQ\)UDQFHDQGWKH8QLWHG6WDWHV7KH estimated worth of these assets come to $8 billion. COPPER: ,Q5LR7LQWRSURGXFHGWKRXVDQGWRQQHVRIFRSSHUPDNLQJLWWKHZRUOG¶V¿IWKODUJHVWVXSSOLHU5LR7LQWR DOVRSURGXFHGWKRXVDQGRXQFHVRIJROGDQGWKRXVDQGWRQQHVRIPRO\EGHQXPDVE\SURGXFWVRILWVFRSSHU RSHUDWLRQV Products &RSSHUJROGPRO\EGHQXPVLOYHUQLFNHO &RSSHUFRQWULEXWHVWRWKHJURXS¶VWRWDOHDUQLQJV DIAMONDS AND MINERALS GROUP: 5LR7LQWR¶V'LDPRQGV 0LQHUDOVJURXSFRPSULVHVPLQLQJUH¿QLQJDQGPDUNHWLQJRSHUDWLRQVDFURVVthree sectors. Rio Tinto DiamondsLVRQHRIWKHZRUOG¶VOHDGLQJGLDPRQGSURGXFHUVDFWLYHLQPLQLQJDQGVDOHVDQG PDUNHWLQJ Products 'LDPRQGVERUDWHVWLWDQLXPGLR[LGHIHHGVWRFNVWDOFKLJKSXULW\LURQPHWDOSRZGHUV]LUFRQUXWLOH 'LDPRQGVDQG0LQHUDOVFRQWULEXWHRIWKHJURXS¶VWRWDOHDUQLQJV 5LR7LQWRLVFRQVLGHULQJVHOOLQJRIILWVGLDPRQGDVVHWV ENERGY: 5LR7LQWRLVDOHDGLQJVXSSOLHURIWKHUPDODQGFRNLQJFRDOWRWKH$VLDQVHDERUQHPDUNHWDQGLVRQHRIWKHZRUOG¶V ODUJHVWXUDQLXPSURGXFHUVVHUYLQJHOHFWULFSRZHUXWLOLWLHVZRUOGZLGH ,WV(QHUJ\SRUWIROLRLQFOXGH5LR7LQWR&RDO$XVWUDOLDDFRDOPLQHDW&RORZ\RLQ&RORUDGR86(QHUJ\5HVRXUFHVRI $XVWUDOLDZKLFKSURGXFHVXUDQLXPR[LGHIURPLWV5DQJHURSHUDWLRQDQG5|VVLQJD1DPLELDQXUDQLXPR[LGHSURGXFHU 5LR7LQWR¶VHQHUJ\SRUWIROLRFRQWULEXWHVWRWKHJURXS¶VHDUQLQJV | RIO TINTO IN AFRICA */2%$/&,7,=(125&25325$7(6+$0(" Rio Tinto's operational footprint in Africa COUNTRY LOCATION PRODUCT % OWNERSHIP GUINEA SANGREDI ALUMINIUM (BAUXITE) 23 GUINEA KAMSAR ALUMINIUM (BAUXITE) 23 GUINEA SIMANDOU IRON ORE 50.35 SOUTH AFRICA RICHARDS BAY TITANIUM DIOXIDE 74 SOUTH AFRICA PALABORWA COPPER 57.7 02=$0%,48( %(1*$ =$0%(=, COAL 99,74 NAMIBIA RÖSSING URANIUM 69 =,0%$%:( MUROWA DIAMOND 78 MADAGASCAR 4,70$'$*$6&$5 ILLMENITE 80 CAMEROON EDIA ALUMINIUM 47 Projects $*UHHQ¿HOGDOXPLQDUH¿QHU\LQ*XLQHD Orientale iron ore project in the
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