Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 464

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 464
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 2008. In September 2012, Rio Tintodoubled its holding in RBM to 74% following the acquisition ofBHP Billiton’s entire interests.                                                                                                                                                                                                                                                                                                                                      |     | Property description/type of mineMineral sand dredging.Type of mineralisationCoastal mineralised sands.This Property is considered a production stage property forSK-1300 reporting purposes.Processing plants and other available facilitiesRBM manages and operates several dredges, dry mining units,heavy mineral concentrators and a mineral separation plant.RBM also has a smelter with furnaces to produce titania slag,pig iron in addition to rutile and zircon.Power sourceContract with ESKOM is currently the sole power source. RBMhas signed 3 PPAs for renewable energy with 2 projectscurrently in construction. The Bolobedu photovoltaic farm andthe Khangela Emoyeni wind farm are expected to be producingpower by the end of 2025 and 2026 respectively.                                                                                                                                                                                |
| PropertyIron Ore Company ofCanada (IOC)OwnershipIOC is a joint venturebetween Rio Tinto(58.7%), MitsubishiCorporation (26.2%)and the Labrador IronOre RoyaltyCorporation (15.1%).OperatorRio TintoLocationLabrador City,Newfoundland andLabrador, Canada                                                                                                                                            |     | Access and infrastructure–Railway and port facilities in Sept-Îles, Quebec (owned andoperated by IOC)–Public highway–Public airportTitle/lease/acreageMining leases, surface rights and a tailings disposal licence areheld by the Labrador Iron Ore Royalty Corporation (LIORC),under the Labrador Mining and Exploration Act. LIORCsubleases these rights to IOC. The mining leases cover10,356ha, the surface rights cover 8,805ha and the tailingslicence covers 2,784ha. These sub-leased rights are valid until2050. IOC also directly holds 3 small mining leases, but noneproduce saleable products. In addition to the above rights, IOCalso holds a number of mineral licences, either directly or undersub-lease from LIORC.Key permit conditionsIOC holds numerous permits with the Federal, provincial andlocal governments covering all aspects of the operation. Keypermit conditions include:–maintaining effluent quality within Metal and Diamond MiningEffluent Regulations (MDMER) criteria–maintaining air quality criteria specified in the certificate ofapproval (for dust, NOx, SO2