Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 465

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 465
---
, CO)–prudent resource management–progressive rehabilitation–monitoring groundwater quality around permitted landfill–restricting tailings discharge to the permitted area. |     | HistoryInterest acquired in 2000 through acquisition of North Ltd.Current operation began in 1962 and has processed over onebillion tonnes of crude ore. Annual capacity 23Mt of concentrateof which 12-13Mt can be pelletised.Property description/type of mineOpen pit.This Property is considered a production stage property forSK-1300 reporting purposes.Type of mineralisationOxide iron (specular haematite and magnetite).Processing plants and other available facilitiesConcentrator (gravity and magnetic separation circuits), pelletplant, warehouses, workshops, heating plant and ore deliverysystem (crusher/conveyor and automated train system).Explosives plant, train loadout facilities, rail line (Labrador Cityto Sept-Îles), stockyards and shiploaders.Power sourceSupplied by Newfoundland and Labrador Hydro for theLabrador City operations and by Hydro-Québec and the IOCowned SM2 power station for the Sept-Îles operations. |

| Annual Report on Form 20-F 2024 | 312 | riotinto.com |

Production, Mineral Reserves, Mineral Resources and operations | Mines and production facilities

Group mines as at 31 December 2024 Minerals continued

| PropertyDiavikOwnership100% owned by DiavikDiamond Mines (2012)Inc.OperatorDiavik Diamond Mines(2012) Inc. is aYellowknife-basedCanadian subsidiary ofRio Tinto plc inLondon, UKLocationNorthwest Territories(NWT), Canada |     | Access and infrastructureAirstrip and winter road access.Title/lease/acreageThree mineral rights leases with a total acreage of 8,016(3,244ha). Mining leases are issued by the NWT Government.One lease was renewed in 2017 and 2 leases were renewed inFebruary 2018. The new leases will expire after 21 years.Key permit conditionsOur key permit conditions are local employment, procurementand benefit sharing commitments, environmental complianceand reporting, environmental security and closure andrehabilitation planning, and payment of taxes andgovernment royalties.HistoryDeposits discovered in 1994-95. Construction approved in2000. Diamond production started in 2003. Fourth pipecommenced production in 2018. Mine life through early 2026.In November 2021, Rio Tinto became the sole owner of DiavikDiamond Mine.