Modernising Agreements and Transition to Renewables slide image

Modernising Agreements and Transition to Renewables

Modelling EBITDA Underlying EBITDA sensitivity Copper Average published price/exchange rate for 2021 first half 413c/lb US$ million impact on full year 2021 underlying EBITDA of a 10% change in prices/exchange rates 478 Aluminium Gold Iron ore realised price (62% Fe CFR freight-adjusted) A$ C$ Oil (Brent) $2,245/t $1,805/oz $168.4/dmt 0.77US$ 0.80US$ $65/bbl 784 77 4,180 665 249 112 Note: The sensitivities give the estimated effect on underlying EBITDA assuming that each individual price or exchange rate moved in isolation. The relationship between currencies and commodity prices is a complex one and movements in exchange rates can affect movements in commodity prices and vice versa. The exchange rate sensitivities include the effect on operating costs but exclude the effect of revaluation of foreign currency working capital. Rio Tinto ©2021, Rio Tinto, All Rights Reserved 79
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