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Exploration and Evaluation
6 Months Ended
Jun. 30, 2024
Text Block [abstract]  
Exploration and evaluation
B.1 Exploration and evaluation
 
    
Asia Pacific

US$m
   
Americas

US$m
   
Africa

US$m
   
Total

US$m
 
Half-year ended 30 June 2024
        
Carrying amount at 1 January 2024
  
 
568
 
 
 
76
 
 
 
24
 
 
 
668
 
Additions
  
 
11
 
 
 
52
 
 
 
14
 
 
 
77
 
Amortisation of licence acquisition costs
  
 
— 
 
 
 
(5
 
 
— 
 
 
 
(5
Transferred exploration and evaluation
  
 
(8
 
 
— 
 
 
 
(18
 
 
(26
  
 
 
   
 
 
   
 
 
   
 
 
 
Carrying amount at 30 June 2024
  
 
571
 
 
 
123
 
 
 
20
 
 
 
714
 
  
 
 
   
 
 
   
 
 
   
 
 
 
Year ended 31 December 2023
        
Carrying amount at 1 January 2023
     529       240       38       807  
Additions
     79       161       6       246  
Amortisation of licence acquisition costs
     —        (2     (2     (4
Expensed
     (31     (28     (18     (77
Transferred exploration and evaluation
1
     (9     (295     —        (304
  
 
 
   
 
 
   
 
 
   
 
 
 
Carrying amount at 31 December 2023
     568       76       24       668  
  
 
 
   
 
 
   
 
 
   
 
 
 
 
1.
On 20 June 2023, the Group made a final investment decision to develop the Trion resource in Mexico. Related exploration and evaluation assets of $274 million were transferred to oil and gas properties.