Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 47

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 47
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 performed strongly in2024. Guinea exports to China increasedapproximately 10% year-on-year,accounting for around 70% of bauxiteexports to China. However, supply growthcould not keep pace with demand andChina import bauxite prices surged in the4th quarter. |
| Snapshot of the year                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |     |                                                               |     | SafetyIn 2024, our all-injury frequency rate (AIFR)increased from0.33to0.38, largelyreflecting challenges at our Kitimat site inCanada. To help address these challenges,we engaged external safety consultantsduring Q4 to provide targeted support,focused on leadership and stabilisingsafety performance.Overall, our safety performance generallyimproved across our Aluminium operations.We continued to focus on uncovering andaddressing systemic weaknesses and theroot causes of our potential fatal incidents(PFIs). In particular, the focus we started in2023 to promote more proactive PFI2reporting, and to improve the quality of PFIinvestigations has helped move us from 5worker injuries in PFI events in 2023 to 2 in2024.Looking ahead, we remain focused onreducing inherent risks in our business todrive lasting safety impacts for ourworkforce. By prioritising engineeringdesign, strategic capital investment, andongoing research, we will continue ourwork to eliminate hazards and removepeople from the areas of greatestsafety risk. |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| AIFR0.38(2023:0.33)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |     | Employeenumbers116,000(2023:15,000)                           |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Net cash generatedfrom operatingactivities$3.0bn(2023: $2.0bn)                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     | Scope 1 and 2GHG emissions(equity Mt CO2e)23.7Mt(2023:25.5Mt) |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 1.This represents the average number of employees forthe year, including the Group's share of non-managedoperations and joint ventures. Refer to page267formore information.2.A proactive