Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 300

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 300
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Management responsibility during the build phase of the Simandou iron ore project falls under the Chief Technical Officer, Mark Davies. Whilst

this is classified as “Other operations”,and sits below reportable segments, we have shown this separately due to the significance of funding and

spend during the year following notice to proceed. Accountability for Rio Tinto Guinea, our in-country external affairs office remains with Bold

Baatar, and has therefore moved from the Copper product group to “Other operations” following his change in role to Chief Commercial Officer.

Accordingly, prior period amounts have been adjusted for comparability even though there is no material impact as a result of the change.

|                                                                       | Segmental revenueUS$m |        |        | Underlying EBITDAUS$m |              |              | Capital expenditure(a)US$m |       |       |
|                                                                       |                  2024 |   2023 |   2022 |                  2024 | 2023Adjusted | 2022Adjusted |                       2024 |  2023 |  2022 |
| Iron Ore                                                              |                29,339 | 32,249 | 30,906 |                16,249 |       19,974 |       18,612 |                      3,012 | 2,588 | 2,940 |
| Aluminium                                                             |                13,650 | 12,285 | 14,109 |                 3,673 |        2,282 |        3,672 |                      1,694 | 1,331 | 1,377 |
| Copper                                                                |                 9,275 |  6,678 |  6,699 |                 3,437 |        1,960 |        2,566 |                      2,055 | 1,976 | 1,622 |
| Minerals                                                              |                 5,531 |  5,934 |  6,754 |                 1,080 |        1,414 |        2,419 |                        798 |   746 |   679 |
| Reportable segments total                                             |                57,795 | 57,146 | 58,468 |                24,439 |       25,630 |       27,269 |                      7,559 | 6,641 | 6,618 |
| Simandou iron ore project                                             |                     — |      — |