Rio Tinto Plc · LSE:RIO
Rio Tinto — Shareholder Meeting (April 2016)
32 slides from Rio Tinto's shareholder meeting presentation, Apr 14, 2016
Slide 1: 2016 Annual general meeting
1 14 April 2016 2016 Annual general meeting Safety check, Dampier, WA, Australia
Slide 2: Jan du Plessis, Chairman
2 14 April 2016 Jan du Plessis Chairman Richards Bay Minerals, South Africa
Slide 3: Board of directors
3 Board of directors Boron operations, California, US ©2016, Rio Tinto, All Rights Reserved
Slide 4: A consistent strategy
4 A consistent Invest in and operate long-life, low-cost, expandable operations strategy in the most attractive industry sectors Cape Lambert port, Iron Ore, WA, Australia ©2016, Rio Tinto, All Rights Reserved
Slide 5: Solid financial performance
5 Solid financial Delivered underlying earnings of US$4.5 billion performance Net cash generated from operating activities US$9.4 billion Decisive action to preserve cash ©2016, Rio Tinto, All Rights Reserved
Slide 6: Our balance sheet – a competitive strength
6 Our balance sheet – a competitive strength Amrun bauxite project, Cape York, Queensland, Australia ©2016, Rio Tinto, All Rights Reserved
Slide 7: Returns to shareholders
7 Returns to shareholders 2015 full year dividend of 215 US cents per share In 2015 returned more than US$6.1 billion to shareholders Returned over US$25 billion to shareholders over the past five years New dividend policy Intention for 2016 full year dividend not less than 110 US cents per share ©2
Slide 8: Active governance
8 Active governance Employees at Kitimat smelter, British Columbia, Canada ©2016, Rio Tinto, All Rights Reserved
Slide 9: A responsible and transparent business
9 A responsible Over the last five years and transparent we have paid more business than US$39 billion in taxes and royalties Greater disclosure on impacts of climate change Chute-du-Diable hydropower station, Saguenay, Canada ©2016, Rio Tinto, All Rights Reserved
Slide 10: Promising future
10 Promising future Beijing, China ©2016, Rio Tinto, All Rights Reserved
Slide 11: Ready for the challenge
11 Ready for the challenge Oyu Tolgoi copper mine, Mongolia ©2016, Rio Tinto, All Rights Reserved
Slide 12: Sam Walsh, Chief executive
12 14 April 2016 Sam Walsh Chief executive Iron Ore Company of Canada, Newfoundland and Labrador, Canada
Slide 13: Safety
13 Safety Injury frequency rates 2006 - 2015 Per 200,000 hours worked 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 '14 '15 Lost time injury frequency rate La Granja Safety All injury frequency rate Safety briefing, Rio Tinto Kennecott, Utah, US ©2016, Rio Tinto, All Rights Reserve
Slide 14: Chief executive safety awards
14 Chief executive safety awards Pilbara Utilities lead safety success ©2016, Rio Tinto, All Rights Reserved
Slide 15: Solid financial performance
15 Solid financial Removed a further US$1.3 billion of costs performance Reduced capital expenditure to US$4.7 billion Released US$1.5 billion of working capital Net cash generated from operating activities of US$9.4 billion Strong balance sheet with net debt of US$13.8 billion ©2016, Rio Tinto, All
Slide 16: World-class operational performance
16 World-class Pilbara Full ramp up operational infrastructure at Kitimat expansion Aluminium performance completed smelter Oyu Tolgoi’s copper open-pit mine fully operational Amrun Tier 1 71 autonomous bauxite asset trucks in operation ©2016, Rio Tinto, All Rights Reserved
Slide 17: Iron ore
17 Iron ore Autonomous truck, Nammuldi, Pilbara, WA, Australia ©2016, Rio Tinto, All Rights Reserved
Slide 18: Aluminium
18 Aluminium Modernised Kitimat smelter, British Columbia, Canada ©2016, Rio Tinto, All Rights Reserved
Slide 19: Diamonds & Minerals
19 Diamonds & Minerals Argyle diamonds underground operations, WA, Australia ©2016, Rio Tinto, All Rights Reserved
Slide 20: Copper & Coal
20 Copper & Coal Employees at Oyu Tolgoi copper underground project, Mongolia ©2016, Rio Tinto, All Rights Reserved
Slide 21: Portfolio renewal
21 Portfolio renewal Bengalla thermal coal operations divested ©2016, Rio Tinto, All Rights Reserved
Slide 22: Community
22 Community Community food stall, QIT Madagascar Minerals, Madagascar ©2016, Rio Tinto, All Rights Reserved
Slide 23: Our people
23 Our people Geologists, Resolution Copper project, Arizona, US ©2016, Rio Tinto, All Rights Reserved
Slide 24: Jean-Sébastien Jacques, Deputy chief executive
24 Jean-Sébastien Jacques Deputy chief executive Oyu Tolgoi, copper-gold mine, Mongolia
Slide 25: Shareholder returns through the cycle
25 14 April 2016 Shareholder returns through the cycle West Angelas iron ore mine, Pilbara, WA, Australia
Slide 26: Resolutions 1-17
26 Resolutions Resolution 1: Receipt of 2015 Annual Report 1 - 17 Resolution 2: Approval of the Directors’ Report on Remuneration Resolution 3: Approval of the Remuneration Report Resolutions 4-14: Re-election of directors Resolution 15: Re-appointment of auditors Resolution 16: Remuneration of audi
Slide 27: Resolutions 18-21
27 Resolutions Resolution 18: General authority to allot shares 18 - 21 Resolution 19: Disapplication of pre-emption rights Resolution 20: Authority to purchase Rio Tinto plc shares Resolution 21: Notice period for general meetings other than annual general meetings ©2016, Rio Tinto, All Rights Rese
Slide 28: John Varley, Remuneration Committee chairman
28 14 April 2016 John Varley Remuneration Committee chairman Shipping bauxite, Weipa, Australia
Slide 29: Resolutions 2-3
29 Resolutions Resolution 2: Approval of the Directors’ Report on Remuneration 2-3 (UK law requirement) Resolution 3: Approval of the Remuneration Report (Australian law requirement) ©2016, Rio Tinto, All Rights Reserved
Slide 30: Remuneration policy
30 Remuneration policy Diavik Diamond Mine, Canada ©2016, Rio Tinto, All Rights Reserved
Slide 31: Remuneration outcomes
31 Remuneration Linking remuneration with strategy outcomes Aligning interests between shareholders and executives Engaging in dialogue with our shareholders ©2016, Rio Tinto, All Rights Reserved
Slide 32: 2016 Annual general meeting
32 14 April 2016 2016 Annual general meeting Rio Tinto Kennecott, copper, Utah, US