Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 410

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 410
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 3 and 5 years                                                                |      313 |       27 |
| After 5 years                                                                        |       82 |       99 |
| Total                                                                                |    5,556 |    4,385 |
| Group's share of joint venture capital commitments                                   |          |          |
| Within 1 year                                                                        |    1,280 |      128 |
| Between 1 and 3 years                                                                |      271 |       99 |
| Total                                                                                |    1,551 |      227 |

| Impact of climate change on our business - decarbonisation capital commitmentsCapital commitments do not include the estimated incremental capital expenditure relating to decarbonisation projects ofUS$5billiontoUS$6billionbetween2022and2030unless otherwise contractually committed. Included in capital commitments at31 December 2024arecontractually committed decarbonisation capital commitments ofUS$114million(2023:US$123million), inclusive of the Amrun powerpurchase agreement, which is a treated as a lease, which has not yet commenced (disclosed in note 21). |

Other commitments

The Group has also made other commitments to incur a minimum amount of expenditure on community development initiatives as part of its

agreements with various stakeholders. As of 31 December 2024 , a total of US$ 154million ( 2023 : US$ 173million ) of such expenditure is

estimated to be incurred over the next 25 years, out of which US$ 27million ( 2023 : US$ 10million ) is expected to be incurred within the next

year.

Unrecognised commitments to contribute funding or resources to joint ventures

Along with the other joint venture partners, we have commitments to provide emergency funding (such as funding required to preserve the life of

assets of the company or to comply with applicable laws) if required by Sohar Aluminium Company L.L.C., subject to approved thresholds.

At 31 December 2024 , Minera Escondida Ltda held an undrawn shareholder line of credit, of which Rio Tinto’s share was US$ 225million ( 2023 :

US$ 225million ). The current facility was extended during the year and will now mature in September 2026.

Purchase obligations

Purchase obligations are enforceable and legally binding agreements to buy goods or services. They specify all significant terms, including fixed

or minimum quantities to be purchased or consumed; fixed, minimum or variable price provisions; and