Rio Tinto Plc · LSE:RIO
Rio Tinto — Bank of America Metals, Mining & Steel Conference 2020
10 slides from Rio Tinto's conference presentation, May 2020
Slide 1: J-S Jacques, Chief Executive
J-S Jacques Chief Executive Bank of America Metals, Mining & Steel conference, 12-13 May
Slide 2: Cautionary and supporting statements
Cautionary and supporting 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 n
Slide 3: Pioneers in mining and metals producing materials essential to human progress
As pioneers in mining and metals we produce materials essential to human progress Fe Cu Al Ni Li Perform & Transform Perform today Transform for tomorrow Portfolio Performance People Partners 3 ©2020, Rio Tinto, All Rights Reserved
Slide 4: Robust performance
Robust performance 1Q20 2019 2016-2019 All assets are 24% 18% operating ROCE Average ROCE $5-6bn $5.5bn $18bn Capital investment Capital investment Capex for 2020, down from $7bn 73m t $7.6bn $23bn Iron ore shipments, +5% YoY Taxes and royalties paid Taxes and royalties paid 324-334m t $17.2bn $67bn
Slide 5: Geopolitics the dominant scenario force today
Geopolitics the dominant scenario force today The economic recovery post Covid-19 has many possible shapes Society Technology Geopolitics 5 ©2020, Rio Tinto, All Rights Reserved
Slide 6: Enhance resilience, strengthen partnerships and continue to adapt
Enhance resilience, strengthen partnerships and continue to adapt Resilience Partnerships Agile Strong balance sheet Access to resources Covid-19 tactical response Disciplined capital allocation Technology and R&D Rio Tinto post Covid-19 Access to markets Risk sharing New approach to growth Value ov
Slide 7: Financial, operational and commercial resilience
Financial, operational and commercial resilience Strong balance sheet & capital discipline A well tested and successful framework Access to markets Iron ore to China, aluminium across North America Value over volume Free cash flow per share. Low operating costs People Health, safety & well being. Sk
Slide 8: Partnerships across the industry value chain to drive success
Partnerships across the industry value chain to drive success Access to resources Exploration JV’s including MinMetals in China Technology development and R&D Elysis, Baowu/Tsinghua, Komatsu, Caterpillar Risk sharing Oyu Tolgoi Supply chain partnerships Elysis and Baowu/Tsinghua Communities and soci
Slide 9: Adapt in a fast moving environment
Adapt in a fast moving environment Covid-19 All assets are operating. Implemented social distancing, roster changes, screening, hygiene controls and mitigate impact on projects. Business model post Covid-19 Global and regional supply chains. Support for assets. Commercial agility New ways of investi
Slide 10: $36bn cash returns since 2016 including $3.9bn paid in 1H 20
$36bn cash returns since 2016 including $3.9bn paid in 1H 2020 $9bn $19bn + $3.7bn Sustaining capex Ordinary and special 2019 final dividend dividends paid paid in April 2020 43% average EBITDA $50bn3 $9bn $62bn4 $4bn 28% margin1 operating cash flows 18% + $12bn Development capex of cash Buy-backs T
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