Rio Tinto Plc · LSE:RIO
Rio Tinto — Shareholder Meeting (April 2017)
27 slides from Rio Tinto's shareholder meeting presentation, Apr 12, 2017
Slide 1: 2017 Annual general meeting
2017 Annual general meeting 12 April 2017
Slide 2: Jan du Plessis, Chairman
Jan du Plessis Chairman
Slide 3: Board of directors
Board of directors
Slide 4: 2016 a year of change
2016 a year of change
Slide 5: Strong financial performance
Strong financial performance Underlying earnings of US$5.1 billion Operating cashflow of US$8.5 billion Loading iron ore, Cape Lambert, Pilbara, Western Australia 5 | ©2017 Rio Tinto
Slide 6: Our balance sheet – a competitive strength
Our balance sheet – a competitive strength Net debt was US$9.6 billion at 31 December 2016 Truck loading, Oyu Tolgoi, Mongolia 6 | ©2017 Rio Tinto
Slide 7: Returns to shareholders
Returns to shareholders Shareholder returns of US$3.6 billion for 2016 Since 2012, more than US$20 billion returned to shareholders Diamond quality control, Surat, India 7 | ©2017 Rio Tinto
Slide 8: Taxes paid
Taxes paid Since 2012, we have paid more than US$32 billion in corporate taxes and royalties Community investment, Cape Lambert, Pilbara, Western Australia 8 | ©2017 Rio Tinto
Slide 9: Climate change report
Climate change report We own 4,000MW of hydropower 68% of our electricity is from hydro, solar and wind Chute-du-Diable dam, Jonquière, Quebec, Canada 9 | ©2017 Rio Tinto
Slide 10: Active governance
Active governance
Slide 11: Confident in our future
Confident in our future
Slide 12: J-S Jacques, Chief executive
J-S Jacques Chief executive
Slide 13: Strategy will deliver value through the cycle
Strategy will deliver value through the cycle Superior cash generation World-class assets Operating excellence Capabilities Portfolio Performance People & Partners Disciplined capital allocation Balance sheet strength Superior shareholder returns Compelling growth 13 | ©2017 Rio Tinto
Slide 14: Safety
Safety CRM system rolled out across 60+ sites More than 1.8 million safety verifications CRM check, Dampier Salt, Western Australia 14 | ©2017 Rio Tinto
Slide 15: Chief Executive Safety Awards 2016
Chief Executive Safety Awards 2016 Most Improved Award: Arvida Best Contractor Award: Austral Chief Executive Safety Award: Smelter, Quebec, Canada Construction Boyne Smelters, Queensland, Australia 15 | ©2017 Rio Tinto
Slide 16: Strong cash performance from world-class assets
Strong cash performance from world-class assets Iron Ore Aluminium Copper & Diamonds Energy & Minerals Cash flows from Cash flows from Cash flows Cash flows from operations operations of from operations operations of of US$5.6 billion US$2.1 billion of US$1.0 billion US$1.4 billion Pilbara operation
Slide 17: Driving productivity
Driving productivity An additional US$5 billion of free cash flow from productivity over the next five years Trucks in open pit, Oyu Tolgoi, Mongolia 17 | ©2017 Rio Tinto
Slide 18: 75% of our world class portfolio in Australasia/Pacific
75% of our world class portfolio in Australasia/Pacific selling ~70% of total revenue to Asian customers OT underground Mongolia $5.3B 3% Canada 22% Europe 3% Customers – 3% 9% % of consolidated sales US China 43% US 8% Operations – 14% Japan 11% % of total asset adjusted Rest of Asia 15% Growth cap
Slide 19: Quality growth to build our world-class business
Quality growth to build our world-class business Oyu Tolgoi Amrun underground copper bauxite Around 3,000 Around 1,200 construction jobs construction jobs Silvergrass iron ore Around 500 construction jobs 19 | ©2017 Rio Tinto
Slide 20: People with purpose
People with purpose Build commercial and technical expertise The way we work guides our actions Employees at Operations Centre, Perth, Western Australia 20 | ©2017 Rio Tinto
Slide 21: Strengthening our partnerships
Strengthening our partnerships World-class assets low-cost, long-life, expandable Superior shareholder returns - Iron Ore average EBITDA margin of 50% since 1966 Innovative partnerships - 10 Land Agreements with Traditional Owners 21 | ©2017 Rio Tinto
Slide 22: Looking to the future
Looking to the future
Slide 23: 2017 Annual general meeting
2017 Annual general meeting 12 April 2017
Slide 24: Resolutions 1 - 19
Resolutions 1 - 19 Resolution 1 Resolutions 5-16 Receipt of 2016 Annual Report Election and re-election of directors Resolution 2 Resolution 17 Approval of the Directors’ Report on Remuneration Re-appointment of auditors Resolution 3 Resolution 18 Approval of the Remuneration Report Remuneration of
Slide 25: Resolutions 20 - 23
Resolutions 20 - 23 Resolution 20 General authority to allot shares Resolution 21 Disapplication of pre-emption rights Resolution 22 Authority to purchase Rio Tinto plc shares Resolution 23 Notice period for general meetings other than annual general meetings 25 | ©2017 Rio Tinto
Slide 26: John Varley, Remuneration Committee chairman
John Varley Remuneration Committee chairman
Slide 27: 2017 Annual general meeting
2017 Annual general meeting 12 April 2017