Economy & Business: Rio Tinto Coal Mozambique spends US$295 million in 2013 on goods and services

Rio Tinto Coal Moçambique (RTCM) in 2013 spent US$295 million on goods and services from Mozambican companies, said Pedro Sacadura Botte, the financial and public relations director of the Rio Tinto group subsidiary.

The acquisitions included fuel, coal and personnel transport, security, catering, consulting, office supplies and other goods and services.

Sacadura Botte said that “the company is committed to the development of local businesspeople, which is one of the essential factors for sustainable development in Mozambique,” and noted the company’s involvement in social activities to promote community development and staff training.

Rio Tinto is an international mining group based in the United Kingdom, which combines Rio Tinto, a company listed on the London and New York stock exchanges, and Rio Tinto Limited, listed on the Australian stock exchange.

Rio Tinto’s business involves discovering, mining and processing mining resources including aluminium, copper, diamonds, coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt) and iron ore. 

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