Strong Foundation for Growth, Decarbonisation and Shareholder Returns slide image

Strong Foundation for Growth, Decarbonisation and Shareholder Returns

Setting up Pilbara iron ore for stronger performance First train loaded from mobile crushing and screening at Gudai-Darri with first production from main plant expected for Q2 2022, subject to COVID-19 constraints Commissioning and ramp up of brownfield mines ongoing, impacted by supply chain quality issues in particular, Mesa A wet plant Expect elevated quantities of SP10 until mid-year. Pressures to ease with ramp-up of Gudai-Darri and replacement mines. SP10 will then decrease in the medium term Studies being progressed for new mines*: Western Range, Bedded Hill Top and Hope Downs 2 and Brockman Syncline 1. Delivering system capacity alongside RTSPS** initiatives to improve efficiencies across the network Modernising agreements across all Traditional Owner partners. Heads of Agreements are currently being drafted with two Traditional Owner groups to define principles of partnership and co-management Sustaining capex unchanged at $1.5bn. Investing to improve asset health and reliability Expanding our tenure for potential wind and solar sites *Commissioning from 2025 subject to approvals | **Rio Tinto Safe Production System Rio Tinto ©2022, Rio Tinto, All Rights Reserved 13
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