Rio Tinto Group (RIO) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello again to everyone in the room and now welcome to those online to Rio Tinto's 2024 half year results presentation. My name is Tom Gallop and I'm the acting head of investor relations. We'll follow the normal proceedings today. Jakob and Peter will take you through introductory remarks for about 30 minutes and we'll follow that with Q&A. And with that, Jakob, over to you. Good morning and thank you, Tom. I also want to thank Brendan for a wonderful welcome to country. I acknowledge the Gadigal people of the Eora nation on whose traditional lands we are gathered today. And I pay my respects to elders past and present. I extend that respect to all indigenous people across the globe. I acknowledge the important role that continues to play within communities and our business. It's great to be in Sydney today. The first time Peter and I have reported our results from Australia, it's an excellent opportunity to highlight the strengths of our Australian operations, which are powerful drivers of our performance. The foundation for much of that strength can be traced back Long back, back to Sir Rod Carnegie, the former chief executive of CIA. Sir Rod very sadly passed away on 14th of July. And I want to recognize the impact he had on our business. He was a remarkable leader and a true pioneer of our industry. When you look at Rio Tinto, you can see a clear and consistent story. We are profitable. And we are growing. Growing because we are improving the performance of our assets. Growing organically because we are investing with discipline in projects that will create significant value, not just in one or two decades' time, but also in the near term. And this growth is supported by strategic M&A. We're executing this growth through a relentless focus on our four objectives...