Feb 19, 2025 / 08:00PM GMT
Jakob Stausholm - Rio Tinto PLC - Chief Executive Officer, Executive Director
Hello and thank you to everyone tuning in. Before we begin, I acknowledge and pay my respect to all traditional owners and First Nations people that host our operations around the world. I am today in the United States, so we are doing results a little differently this year. But I hope the message comes through loud and clear.
Our culture is changing and is improving our performance. We are again a leader in project development and have excellent growth momentum. The diversification towards copper, aluminum, and lithium is happening at pace. And we are delivering consistent shareholder value as we grow, build, and diversify our portfolio.
Now let's look at the evidence. Our production has grown for the third year in a row. Copper-equivalent production increased 1% in 2024, and our mid-range guidance indicates another 4% growth this year, led by the ramp-up of Oyu Tolgoi. The 4% excludes Arcadium Lithium, so you can see we are already on our way organically. The acquisition only brightens the outlook.
Full Year 2024 Rio Tinto PLC Earnings Call Transcript
Feb 20, 2025
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