Rio Tinto Plc · LSE:RIO
Rio Tinto — Bank of America Global Metals, Mining & Steel Conference 2021
19 slides from Rio Tinto's conference presentation, Jun 1, 2021
Slide 1: Notice to ASX: Bank of America Global Metals, Mining & Steel Conference
Notice to ASX 18 May 2021 Bank of America Global Metals, Mining & Steel Conference Rio Tinto Chief Executive Jakob Stausholm is presenting today at the Bank of America Global Metals, Mining & Steel Conference. The presentation is attached and will also be available at https://riotinto.com/invest/pre
Slide 2: Notice to ASX/LSE Contacts
Notice to ASX/LSE Page 2 of 2 Contacts Please direct all enquiries to media.enquiries@riotinto.com Media Relations, UK Illtud Harri M +44 7920 503 600 David Outhwaite M +44 7787 597 493 Media Relations, Americas Matthew Klar T +1 514 608 4429 Investor Relations, UK Menno Sanderse M: +44 7825 195 178
Slide 3: Jakob Stausholm, Chief Executive
Jakob Stausholm Chief Executive Traditional Owners welcome employees at the final day of mining the Argyle underground block cave mine, 3 November 2020 Bank of America Global Metals, Mining & Steel conference 18 May 2021
Slide 4: Cautionary and supporting statements
©2021, Rio Tinto, All Rights Reserved 2 Cautionary and supporting statements This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited (together with their subsidiaries, “Rio Tinto”). By accessing/attending this presentation you acknowledge that you have read and understood the foll
Slide 5: Extraordinary times and significant volatility
Extraordinary times and significant volatility ©2021, Rio Tinto, All Rights Reserved 3 March 2020 Early 2021
Slide 6: We produce materials essential for a low-carbon future
We produce materials essential for a low-carbon future Fe, Cu AI, Fe, Cu, Li Cu, AI, Fe Cu Cu, AI, Fe, Ti, Li, B 4©2021, Rio Tinto, All Rights Reserved
Slide 7: Four areas of focus for an even stronger Rio Tinto
Best operator Expand capability and leadership Impeccable ESG credentials Strengthen track record and transparency Excel in development Deliver organic & inorganic growth Four areas of focus for an even stronger Rio Tinto ©2021, Rio Tinto, All Rights Reserved 5 Social Licence Earn trust by building
Slide 8: Building on our strengths
Building on our strengths ©2021, Rio Tinto, All Rights Reserved 6 Safety always our priority Empower and develop our people to maximise their contributions Design and deploy Rio system at foundation sites over next 12 months to prove value and build momentum Achieving the highest operational, enviro
Slide 9: Working towards impeccable ESG credentials
Working towards impeccable ESG credentials 7 Safety At the heart of our culture 12% lower AIFR1 YoY Fatality-free year Communities & heritage Embed in culture, investing $50m in Indigenous leadership Site-based leadership of relationships with Traditional Owner groups Modernising agreements Establis
Slide 10: Creating the portfolio for the next decade and beyond
Creating the portfolio for the next decade and beyond Controlled risk-takers; committed to making rational choices Sharpening our capabilities Important capital project decisions in the next 12 months Ongoing renewal of the portfolio ©2021, Rio Tinto, All Rights Reserved 8 Best operator Impeccable E
Slide 11: Becoming more outward looking
Becoming more outward looking ©2021, Rio Tinto, All Rights Reserved Best operator Impeccable ESG credentials Excel in Development Social Licence Fully participating in the societies where we operate Real engagement with our communities; understanding their felt experience Seeking diverging views Lea
Slide 12: Unleashing our full potential
Unleashing our full potential 10 • Strong safety record • Great people • Portfolio of world-class assets • Cash generation & capital discipline • Strong balance sheet Strengths • Two years fatality-free • 27% ROCE • $9.4bn Free cash flow • $6.2bn Capital invested • $9.0bn Dividends declared • $8.4bn
Slide 13: Appendix
Appendix Clontarf Cup in Perth, Western Australia, 26 March 2021
Slide 14: Our portfolio is well positioned for the low-carbon transition
12 Our portfolio is well positioned for the low-carbon transition − Over 95% of our revenues are from assets with favourable operational carbon intensities − Around 22% of our revenues and 93% of our growth capital are in the segment with the least low carbon transition risk − 2020 Climate change re
Slide 15: Our portfolio to perform strongly in scenarios with proactive climate action
©2021, Rio Tinto, All Rights Reserved 13 Our portfolio to perform strongly in scenarios with proactive climate action 1Targets are for scope 1 and 2 GHG emissions, for managed and non-managed operations on an equity basis 2Short Term Incentive Plan: 20% weighting to safety (unchanged) and 15% to ESG
Slide 16: Significant Paterson footprint with potential beyond Winu
Citadel JV SIPA Alloy Carawine Woodie Woodie Nifty Carawine Telfer Magnum Calibre 0 100 km Significant Paterson footprint with potential beyond Winu – Extensive portfolio of 100% owned tenure, majority owned joint venture (JV) tenure, and active earn-in opportunities – Continued positive engagement
Slide 17: Oyu Tolgoi Underground: Developing a world-class asset
Oyu Tolgoi Underground Developing a world-class asset Estimate for Panel 01: $6.75bn development capex; Safe & feasible pathway to October 2022 sustainable production One of the largest block cave mines. Proven strength in safety & productivity Talented & committed workforce: 12,000 employees of whi
Slide 18: We are committed to the Simandou project and Guinea
©2021, Rio Tinto, All Rights Reserved 16 We are committed to the Simandou project and Guinea – One of the world’s largest untapped and richest high-grade iron ore deposits, located in Guinea – High-grade ores can support the transition to lower-carbon steel – Strengthens Rio Tinto’s iron ore portfol
Slide 19: Jadar: Progressing technical studies and establishing trust
©2021, Rio Tinto, All Rights Reserved 17 Jadar: Progressing technical studies and establishing trust – Lithium-boron deposit with the potential to make Serbia a major global producer. Progressing feasibility study; expected to complete end of 2021. If approved, construction of the facility would com
Rio Tinto — Bank of America Global Metals, Mining & Steel Conference 2021 on 6ix