Rio Tinto Minerals' borates business has been profitable for more than a century. Our financial strength gives us the means to invest in people and technology that, in turn, help us to reduce our environmental impact; develop and improve applications for borates; and continue our practice of giving back to local communities.
Though short term demand for our products fluctuates with economic cycles, demand over the long term is strong and growing. Rio Tinto Minerals has recently secured price increases as global markets recovered and captured demand growth in emerging economies. Our strong economic performance helps us invest in improvements, and give back to the communities where we operate through good jobs, solid tax contributions and support for programs that improve living standards.