Annual general meeting 10 April 2019 Simon Thompson Chairman - - PowerPoint PPT Presentation

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Annual general meeting 10 April 2019 Simon Thompson Chairman - - PowerPoint PPT Presentation

Annual general meeting 10 April 2019 Simon Thompson Chairman Sustainable energy Board of Directors Iron ore, Pilbara, Western Australia, Tom Price A strong 2018 $8.8bn $8.6bn 3% $4.1bn lower Underlying earnings Pre-tax asset sales CuE


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SLIDE 1

Annual general meeting

10 April 2019

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SLIDE 2

Simon Thompson Chairman

Sustainable energy

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SLIDE 3

Board of Directors

Iron ore, Pilbara, Western Australia, Tom Price

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SLIDE 4

$8.6bn

CuE growth

$8.8bn

Underlying earnings

$13.5bn

Total cash returns to shareholders

A strong 2018 3%

Pre-tax asset sales

$4.1bn lower

Net debt from 2017

Iron ore, Dampier, Western Australia, Parker Point Port

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SLIDE 5

Sustainability

Energy & Minerals, Richard’s Bay Minerals, South Africa

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SLIDE 6

$42.8bn

Direct economic contribution in 2018

$6.6bn

Taxes and royalties paid to governments in 2018

$200bn

Economic contribution

  • ver past five years

Our economic contribution

Tokyo skyline, Japan

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SLIDE 7

Climate change

Wind turbine, copper

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Human progress

Aluminium bikes

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SLIDE 9

J-S Jacques Chief executive

Shanghai train

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Gove, Aluminium, Australia

A very good year

Our 48,000 employees moved our strategy forward Investment in people & growth Innovative partnerships Renewed sustainability approach $13.5 billion in cash returns to shareholders Strong financial results

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SLIDE 11

Safety

Oyu Tolgoi, Mongolia

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Strong results

North America from space

19%

Return

  • n capital

employed

$18.1bn

Underlying EBITDA on margin of 42%

$11.8bn

Cash from

  • perations

$8.6bn

Pre-tax asset sales

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Productivity and growth

Autohaul™ train, Pilbara, Iron ore, Australia

AutoHaul™

Up and running

$1.5bn

A year in additional free cash flow from 2021

Growth 50 projects 16 countries

Investing in exploration High value investments in iron ore, copper, bauxite & lithium

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SLIDE 14

Value over volume

$13.5bn

in cash returns to shareholders

Oyu Tolgoi underground, Copper, Mongolia

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Pioneering progress

Partnership with Hydro Quebec on the Centre of Excellence for Energy Efficiency, Quebec, Canada

$200bn

Direct economic contribution 2013-2018

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Elysis – a breakthrough

Elysis partnership, Aluminium

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Investing in the community

Community education investment, Richards Bay Minerals, South Africa

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Technological advancements, Iron ore, Cape Lambert, Pilbara, Australia

Workforce of the future

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Realising our ambition

Gove port operations, Aluminium, Australia

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Three year performance

Hope Downs 4, Pilbara, Iron ore, Australia

$29bn

Delivered and declared in shareholder returns Industry-leading

Innovation

Every year grown by

1.4%

Reduced debt by over

$14bn

Generated over

$46bn

in cash

Mar 2019 Mar 2016

£44.61 £19.55

Rio Tinto Plc: share price performance over three years

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A bright future

Shanghai, China

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Notice of meeting

Diamonds, Kimberley, Western Australia, Argyle

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Resolutions 1 - 16

Resolution 1 Receipt of the 2018 Annual report Resolution 2 Approval of the Directors’ Remuneration Report: Implementation Report Resolution 3 Approval of the Directors’ Remuneration Report Resolutions 4-13 Election and re-election of directors Resolution 14 Re-appointment of auditors Resolution 15 Remuneration of auditors Resolution 16 Authority to make political donations

Aluminium, British Columbia, Canada, Kitimat

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Resolutions 17 - 20

Resolution 17 General authority to allot shares Resolution 18 Disapplication of pre-emption rights Resolution 19 Authority to purchase Rio Tinto plc shares Resolution 20 Notice period for general meetings

  • ther than annual general meetings

Diamonds, Kimberley, WA, Argyle

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Q&A

Copper, Utah, United States, Kennecott

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Annual general meeting

10 April 2019