Rio Tinto Ltd (ASX:RIO) is to supply metal for medals awarded at the London 2012 Olympic and Paralympic Games.
The mining giant will provide all the gold, silver and copper to produce the 4,700 medals for the international sporting event.
The supply of the metal is being made as part of the company’s Tier 3 sponsorship of the Olympics. Tier 3 sponsors tend to give products and services as opposed to cash.
Rio says the metals will be sourced from the company’s mines in the US and Mongolia.
The Olympic Games will start on 27 July 2012.
In the 2010 financial year Rio Tinto generated a net profit of $14.9 billion.
