Company: RTNTF
Filing Date: 2025-03-10
Form Type: 424B2
Source: 0001104659-25-022024
Chunk: 67

Company: RIO TINTO LTD
Filing Date: 2025-03-10
Form: 424B2
Chunk 67
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 and registers.

On December 31, 2022, Rio Tinto plc had a market capitalization of £72.5 billion (U.S.$87.2 billion) and Rio Tinto Limited had a market capitalization of A$43.2 billion (U.S.$29.3 billion). The Group’s combined market capitalization in publicly held shares on December 31, 2022 was U.S.$116.5 billion.

Rio Tinto’s businesses include open pit and underground mines, mills, refineries and smelters as well as a number of research and development facilities. The Group consists of wholly and partly owned subsidiaries, jointly controlled assets, jointly controlled entities and associated companies and its reportable segments include the Iron Ore, Aluminium, Copper and Minerals groups.

Rio Tinto’s Iron Ore group supplies the global seaborne iron ore trade. Its mines are located in the Pilbara region of Western Australia. Rio Tinto operates a large portfolio of iron ore assets with a system comprising 17 mines, four independent port terminals, nearly 2,000 kilometers of the largest privately-owned heavy freight railway in Australia, and supporting infrastructure, all linked by the Operations Centre in Perth. The Iron Ore group is well positioned as steel is essential for ongoing urbanization and will be required to support the global shift towards decarbonization. The Iron Ore portfolio also includes Dampier Salt in Australia, which is one of the world’s largest producers of seaborne salt.

Rio Tinto’s Aluminum group’s fully-integrated facilities include high-quality bauxite mines in Australia, Brazil and Guinea, large-scale alumina refineries in Australia, Brazil and Canada, and low-cost, technologically- advanced primary aluminum smelters in Canada, Australia, New Zealand, Iceland and Oman. Rio Tinto’s smelters are largely powered by clean and renewable energy and primarily located in the first decile of the cost curve.

Rio Tinto’s Copper group principally comprises three copper operations in the United States, Mongolia and Chile, and three copper growth projects in the United States, Mongolia and Australia. The Copper portfolio also includes the Simandou iron ore project in Guinea. The copper operations supply products to China, Japan and the United States, also generating revenue from by-products of copper mining including gold, silver, sulfuric acid and molybdenum.

Rio Tinto’s Minerals group includes a diverse portfolio of high-quality mining, refining and marketing operations, and projects. The Group produces iron ore pellets and concentrate, titanium dioxide, diamonds and bor