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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Rio Tinto
Ownership Structure: publicly traded (ticker symbol LSE: RIO)
Headquartered in: United Kingdom
Major Industry: mining and minerals
Specific Industry: mining
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $20,903,351 | 12 |
Federal (grants and allocated tax credits) | $1,826,843 | 4 |
TOTAL | $22,730,194 | 16 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
For an overview of this company's accountability track record, read its Corporate Rap Sheet
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Kentucky | $19,276,238 | 5 |
Missouri | $1,111,831 | 1 |
Iowa | $265,275 | 1 |
Wisconsin | $125,635 | 1 |
California | $83,512 | 1 |
All other | $40,860 | 3 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Alcan Primary Products Corporation | Kentucky | state | 2010 | $14,000,000 | | tax credit/rebate |
Alcan Primary Products Corporation | Kentucky | state | 2002 | $2,000,000 | | tax credit/rebate |
Alcan Primary Products Corporation | Kentucky | state | 2000 | $1,476,238 | | tax credit/rebate |
Kennecott Utah Copper, LLC | United States | federal | 2011 | $1,130,396 | | federal grant |
PECHINEY PLASTIC PACKAGING INC FKA AMERICAN NATIONAL CAN | Missouri | state | 2000 | $1,111,831 | | tax credit/rebate |
Alcan Primary Products Corporation | Kentucky | state | 2010 | $1,000,000 | | tax credit/rebate |
Alcan Primary Products Corporation | Kentucky | state | 2001 | $800,000 | | tax credit/rebate |
U.S. Borax Inc. | United States | federal | 2008 | $425,000 | | federal grant |
Pechiney Plastic Packaging, Inc. | Iowa | state | 2008 | $265,275 | | training reimbursement |
U.S. Borax Inc. | United States | federal | 2008 | $175,000 | | federal grant |
Pechiney Plastic Packaging, Inc. (Alcan Inc.) | Wisconsin | state | 2008 | $125,635 | | training reimbursement |
Kennecott Utah Copper, LLC | United States | federal | 2010 | $96,447 | | federal grant |
PECHINEY CAST PLATE | California | state | 2003 | $83,512 | | training reimbursement |
PECHINEY PLASTIC PACKAGING INC | Oklahoma | state | 2008 | $19,507 | | grant |
PECHINEY PLASTIC PACKAGING INC | Oklahoma | state | 2008 | $16,853 | | grant |
Rio Tinto | Utah | state | 2009 | $4,500 | | training reimbursement |