Strong Foundation for Growth, Decarbonisation and Shareholder Returns slide image

Strong Foundation for Growth, Decarbonisation and Shareholder Returns

Product group level guidance Iron Ore Shipments Copper Mined Copper Refined Copper 2022 Production Guidance 320 - 335Mt¹ (100% basis) 500 to 575kt 230 - 290kt 2022 Costs $19.5-21.0/wmt (FOB), based on an Australian dollar exchange rate of $0.75 C1 Copper unit costs 130-150 US c/lb Aluminium Bauxite Alumina Aluminium Minerals TiO2 IOC pellets and concentrate² B2O3 Diamonds³ 54-57Mt 8.0 - 8.4Mt 3.1 - 3.2Mt 1.1 to 1.4Mt 10.0 11.0Mt ~0.5Mt 5.0 6.0m carats Modelling guidance provided for Canadian smelters only (see slide 63) 1 Pilbara shipments guidance remains subject to risks around commissioning and ramp-up of new mines and management of cultural heritage. | 2 Iron Ore Company of Canada. | 3 Reflects 100% ownership of Diavik (previously 60%) Rio Tinto ©2022, Rio Tinto, All Rights Reserved uvex 61
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