Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 411

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 411
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 the approximate timing of the

transactions.

Purchase obligations for goods mainly relate to purchases of raw materials and consumables, and purchase obligations for services mainly

relate to charges for the use of infrastructure, commitments to purchase power and freight contracts. These goods and services are expected to

be used in the business. To the extent that this changes, a provision for onerous obligations may be made.

Purchases from joint arrangements or associates are included if the quantity to be purchased is in excess of our ownership interest in the entity.

However, purchase obligations exclude contracted purchases of bauxite, alumina and aluminium from joint arrangements and associates and

contracted purchases of alumina from third parties. This is because these purchases are made for commercial reasons and the Group is,

overall, a net seller of these commodities.

| Annual Report on Form 20-F 2024 | 228 | riotinto.com |

Financial statements | Notes to the consolidated fin ancial statements

37 Contingencies and commitments continued

The aggregate amount of future payment commitments under purchase obligations outstanding at 31 December is shown in the table below.

|                       | 2024US$m | 2023US$m |
| Within 1 year         |    3,160 |    2,927 |
| Between 1 and 2 years |    1,461 |    1,663 |
| Between 2 and 3 years |    1,364 |    1,496 |
| Between 3 and 4 years |      851 |    1,147 |
| Between 4 and 5 years |      614 |      948 |
| After 5 years         |    4,905 |    6,365 |
| Total                 |   12,355 |   14,546 |

Guarantees by parent companies Rio Tinto plc and Rio Tinto Limited have, jointly and severally, fully and unconditionally guaranteed the following securities issued by the following 100% owned finance subsidiaries: US$ 6.2billion ( 2023 : US$ 6.2billion ) Rio Tinto Finance (USA) Limited and Rio Tinto Finance (USA) plc bonds with maturity dates up to 2053 ; and US$ 0.6billion ( 2023 : US$ 1.1billion ) on the European Debt Issuance Programme. In addition, Rio Tinto Finance plc and Rio Tinto Finance Limited have entered into und