Rio Tinto Plc · LSE:RIO
Rio Tinto — Macquarie Australia Conference 2019
15 slides from Rio Tinto's conference presentation, May 2, 2019
Slide 1: Macquarie Australia Conference
Macquarie Australia Conference Stephen McIntosh, Group Executive – Growth & Innovation 1-2 May 2019 1
Slide 2: Cautionary statements
Cautionary statements This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited (“Rio Tinto”). By accessing/attending this presentation you acknowledge that you have read and understood the following statement. Forward-looking statements This document, including but not limited to a
Slide 3: Managing our major hazard risks
Managing our major hazard risks Audit of control effectiveness 3 rdlevel Group Internal Audit working with external auditors Audit Assures systems for risk management, internal control and governance are effective nd Group review 2 level Surface Mining Centre of Excellence Assurance to the Rio Tinto
Slide 4: A strong 2018
A strong 2018 Delivering $13.5 billion of cash returns Financial Balance Value performance sheet creation $18.1bn $0.3bn $13.5bn EBITDA* on margin of 42% Net cash at Dec-2018 Total shareholder cash returns – Adjusted net debt of $11.8bn $8.0 billion** – No bond maturities until $2.9bn Operating cash
Slide 5: Disciplined ramp-up of investments
Disciplined ramp-up of investments Capital expenditure profile Maintained sustaining capital $ billion guidance of $2.0 to $2.5 billion per year, including: ~6.5 ~6.5 – Iron Ore sustaining capex of ~6.0 ~$1 billion per year 5.4 Depreciation Pilbara replacement capital 4.5 includes Koodaideri and Rob
Slide 6: Investing through the cycle
Investing through the cycle 2% CAGR** from an extensive pipeline of growth options World Class Resource Base and Established Exploration Programme Pre-Feasibility 6 Brownfield exploration 64 Greenfield exploration & Feasibility programmes programmes Execution Pilbara Iron Ore Pilbara Iron Ore Arvida
Slide 7: Creating competitive advantage
Creating competitive advantage New discoveries Rigorous studies The right projects through proven applying our safe, innovative, cost exploration capability technical expertise effective and timely projects Optimise the business through: Technical Automation & Centres of In-house Consulting Informat
Slide 8: Our exploration discovery track record is industry leading
Our exploration discovery track record is industry leading 1996 2002 Las Cruces Resolution 1955 1962 1968 1972 1983 Copper Copper 2009 Weipa Tom Price Rössing Richards Bay 1979 Lihir 1990 Jadar 2015 Bauxite Iron Ore Uranium Ilmenite Gold 1996 2004 Lithium MTW / HV Argyle Century Simandou Diam onds L
Slide 9: Winu exploration project in the Paterson region of WA
Winu exploration project in the Paterson region of WA Encouraging results Western Australia 100% owned, very large land package Extensive drilling programme continuing throughout 2019 Ongoing engagement with Traditional Owners 9 ©2019, Rio Tinto, All Rights Reserved
Slide 10: Delivering Rio Tinto's assets of the future
Delivering Rio Tinto’s assets of the future Oyu Tolgoi Amrun Autohaul® Koodaideri Jadar Resolution Underground Ahead of budget and Fully deployed the Tier 1 copper deposit Next generation mine Pre-feasibility study Shaft #9 deepening schedule by utilising world’s largest robot – using digital assets
Slide 11: Transforming productivity performance
Transforming productivity performance Centres of Excellence Asset Resources Automation management & & Reserves & Technology Surface mining infrastructure Underground mining Processing Technical Excellence Productivity Strategy 11 ©2019, Rio Tinto, All Rights Reserved
Slide 12: Trialling a revolutionary method of truck-shovel mining
Trialling a revolutionary method of truck-shovel mining What is the mobile surge loader? The benefits Status of work An integrated, mobile hopper 50% First of its kind being built increase in productivity of bin and loading chute digger* expected as a result By MMD (commissioning of cutting shovel h
Slide 13: From mining to refining, we're making every bit count
From mining to refining, we’re making every bit count We’re identifying and The benefits of an fixing constraints in integrated constraint Replication our processing plants utilisation tool opportunities 40% Using real-time data to improvement in bauxite Implemented at Gove, East monitor each stage
Slide 14: Creating competitive advantage
Creating competitive advantage New discoveries Rigorous studies The right projects through proven applying our safe, innovative, cost exploration capability technical expertise effective and timely projects Optimise the business through: Technical Automation & Centres of In-house Consulting Informat
Slide 15: Macquarie Australia Conference
Macquarie Australia Conference Stephen McIntosh, Group Executive – Growth & Innovation 1-2 May 2019 15