Shareholding

Rio Tinto owns the majority of shares (69 per cent) in Rössing Uranium Limited.

The Namibian Government has a 3 per cent shareholding, and it has the majority (51 per cent) when it comes to voting rights. The Iranian Foreign Investment Company (IFIC) is a passive legacy investor in Rössing Uranium, holding a 15 per cent stake that goes back to the early 1970s in the fnancing of the mine.

The Industrial Development Corporation of South Africa owns 10 per cent, while local individual shareholders own a combined 3 per cent shareholding.

The shareholders do not have uranium product offtake rights.

In 2016, the Rio Tinto Group employed 51,000 people world-wide, including the Group’s share of joint ventures and associates. Of these, approximately 28,000 were located in Australasia, 13,000 in North America, 2,000 in Central and South America; 6,000 in Africa, and 2,000 in Europe.