Modernising Agreements and Transition to Renewables
Pilbara Iron Ore set for even stronger performance
New mines
Key infrastructure
and automation
Shipments (Mt, 100%)
1999 - 2013
China expansion
14 new growth mines since 1999
Port expansion towards 360Mt, industry-leading automation
Underpinned by key acquisitions and introduction of
Pilbara Blend
2014 - 2021
Consolidation
>$50bn free cash flow
>60% EBITDA margins
>50% average ROCE since
2016
2021+
Refocus our future
Build on outstanding financial
performance
Transform our safe
operating performance
400
Port
capacity
360Mt
Portside
trading
AutoHaul
350
Deliver new mines
283Mt
300
Operations
Centre
AHS
trial
250
Hope
Downs
JV
Pilbara
Blend
200
North
acquisition
Bao-HI
JV
150
Create value with
our partners
Position Pilbara
for green steel
100
50
0
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Rio Tinto
©2021, Rio Tinto, All Rights Reserved
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