Regional economic development
As a large company, Rio Tinto Aluminium recognises that our operations can be a strong foundation for economic development and diversification. We therefore develop our business strategies in concert with the needs of the communities in which we operate.
Our proven Regional economic development framework aims specifically at leveraging our local presence and global capabilities to contribute to building sustainable economic development throughout the lifecycle of our facilities, from development to closure.
Our vision for our host communities is to assist with their long-term growth and diversification. We do so by engaging and partnering via business-led initiatives that create jobs and are focused on sectors where the community can demonstrate a sustainable competitive advantage.
Read an interview with our head of Regional economic development or download the RED brochure to learn more.
Guiding principles of Regional economic development
- Engage multiple stakeholders
- Align objectives
- Forge partnerships
- Build upon job-creating, business-led initiatives
- Remain attuned to local context and business realities