Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 166

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 166
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 Report on Form 20-F 2024 | 83 | riotinto.com |

Strategic report | Our approach to ESG | Social

Exploration agreements In 2024, we implemented agreements with local communities at some of our advanced exploration projects in Chile and Angola. At the Nuevo Cobre copper exploration project in northern Chile, a joint venture with state-owned Codelco, we reached framework agreements with 5 Indigenous communities of the Colla People. In Angola, we signed an agreement with 5 villages around the Chiri site, which is an advanced diamond exploration project and joint venture with the state-owned Endiama. The agreement focuses on promoting community development in agriculture, adult literacy and local employment. Shared vision with Indigenous partners at our Diavik diamond mine In October 2024, we hosted a closure workshop for Tłı̨cho Government participants to discuss the mine’s closure plans and integration of Traditional Knowledge. The workshop allowed Traditional Knowledge holders and Tłı̨cho Government’s technical staff to engage with Diavik employees and view the site. The meeting focused on water quality, vegetation and land considerations. Progressing renewable energy with Ngarluma, Pilbara, Australia In July 2024, together with the Ngarluma Aboriginal Corporation, we announced plans to progress the development of an 80MW solar farm on Ngarluma Country, near Karratha, Western Australia to supply renewable energy to our Pilbara operations. When complete, this project has the potential to reduce the amount of natural gas currently used for generation across our Pilbara operations by up to 11% and could reduce Rio Tinto’s emissions by up to 120kt CO 2 e. This project demonstrates our commitment to working together with Indigenous communities towards a more sustainable future.

| For more informationread the story atriotinto.com/pilbararenewables |

Governance and process We continue to implement our Communities and Social Performance Standard, and revise systems and processes to help us meet external expectations and deliver better social and human rights outcomes. In 2024, we continued to strengthen our risk management processes, using a structured approach to risk identification and management. This included the development of Group level “bow ties” (analysis tools for risk management) and updating our critical controls to better prevent and mitigate cultural heritage and social impact risks across our operations. Australian Advisory Group We established the Australian Advisory Group (AAG) in 2022 to provide independent expert advice to our executives on matters impacting our relationship with Indigenous Peoples and