Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 357

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 357
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 the table below.

|                                                                                   | Note | 2024US$m | 2023US$m |
| Equity attributable to owners of Rio Tinto (see consolidated balance sheet)       |      |   55,246 |   54,586 |
| Equity attributable to non-controlling interests (see consolidated balance sheet) |      |    2,719 |    1,755 |
| Net debt                                                                          |   19 |    5,491 |    4,231 |
| Total capital                                                                     |      |   63,456 |   60,572 |

We have access to various forms of financing including corporate bonds issued in debt capital markets through our US Shelf and European

Medium Term Note Programmes, commercial paper, project finance, bank loans and credit facilities.

In November 2024, we entered into a US$ 7billion bridge facility to support the funding required for the proposed acquisition of Arcadium Lithium,

which is expected to close in March 2025 (refer to note 5 for details). The Group also has an existing US$ 7.5billion multi-currency revolving credit

facility which matures in November 2028. Both facilities remained undrawn throughout the year. At 31 December 2024 , the Group’s subsidiaries had

available in aggregate US$ 738million ( 2023 : US$ 558million ) of committed borrowing facilities; these amounts are available for use by the respective

holders of each facility only and are not available for use across the Group.

Our credit ratings as at 31 December, as provided by Standard & Poor’s and Moody’s Investor Services, were:

|                   |          2024 |          2023 |
| Long-term rating  |          A/A1 |          A/A1 |
| Short-term rating |       A-1/P-1 |       A-1/P-1 |
| Outlook           | Stable/Stable | Stable/Stable |

Our unified credit status is maintained through cross guarantees, which mean the contractual obligations of Rio Tinto plc and Rio Tinto Limited

are automatically guaranteed by the other.

Financial liability analysis

In the table below, we summarise the maturity profile of our financial liabilities on our balance sheet based on contractual undiscounted

payments as at 31 December. When the amount payable is not fixed, the amount disclosed is determined by reference to the conditions existing

at the end of the reporting period. This will, therefore, not necessarily agree with the amounts disclosed