Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 408

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 408
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 for the maximum potential exposure inexcess of that already provided.We have not established provisions for certain additional legal claims in cases where we have assessed that a payment is either notprobable or cannot be reliably estimated. A number of our companies are, and will likely continue to be, subject to various legal proceedingsand investigations that arise from time to time. As a result, the Group may become subject to substantial liabilities that could affect ourbusiness, financial position and reputation. Litigation is inherently unpredictable and large judgements may at times occur. The Group may inthe future incur judgements or enter into settlements of claims that could lead to material cash outflows. We do not believe that any of theseproceedings will have a materially adverse effect on our financial position. |

Contingent liabilities - subsidiaries, joint operations, joint ventures and associates

|                                                                         | 2024US$m | 2023US$m |
| Contingent liabilities, indemnities and other performance guarantees(a) |      192 |      435 |

(a) There were no material contingent liabilities arising in relation to the Group’s joint ventures and associates.

Contingent liabilities - not quantifiable

The current status of contingent liabilities where it is not practicable to provide a reliable estimate of possible financial exposure is:

Litigation disputes

| Litigation matter                  | Latest update                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 2011 Contractual paymentsin Guinea | In 2023, we resolved a previously self-disclosed investigation by the SEC into certain contractualpayments totallingUS$10.5millionmade to a consultant who had provided advisory services in 2011,relating to the Simandou project in the Republic of Guinea. In August 2023, the UK Serious Fraud Officeclosed its case and announced that the Australian Federal Police maintains a live investigation into thematter. Rio Tinto continues to co-operate fully with relevant authorities.At31 December 2024, the outcome of this investigation remains uncertain, but it could ultimately exposethe Group to material financial cost. No provision has been recognised for the investigation. We believethis case is unwarranted and will defend the allegation vigorously. |

Other contingent liabilities

We continue to modernise agreements with Traditional Owner groups in response to the Juukan Gorge incident. We have created provisions,

within “Other provisions”, based on our best estimate of historical claims. However, the process is incomplete and it is possible that further

claims could arise relating to past events.

Close-down, restoration and environmental provisions are not