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Operating segments - additional information (Tables)
12 Months Ended
Dec. 31, 2020
Disclosure of operating segments [abstract]  
Summary of geographical location sales revenue and non-current assets other than excluded items
Consolidated sales revenue by destination(a)

2020
%

2019
%

2018
%
2020
US$m

2019
US$m

2018
US$m
China58.1 51.3 44.6 25,940 22,135 18,061 
Asia (excluding China and Japan)10.2 10.6 11.5 4,536 4,558 4,665 
United States of America10.9 14.2 15.6 4,867 6,125 6,337 
Japan7.5 8.9 9.6 3,354 3,855 3,873 
Europe (excluding UK)5.9 6.0 9.3 2,623 2,610 3,788 
Canada2.9 3.3 3.3 1,289 1,478 1,330 
Australia 1.7 1.7 1.8 745 737 720 
UK0.5 0.6 0.7 242 248 264 
Other countries2.3 3.4 3.6 1,015 1,419 1,484 
Consolidated sales revenue100 100 100 44,611 43,165 40,522 
(a)Consolidated sales revenue by geographical destination is based on the ultimate country of destination of the product, if known. If the eventual destination of the product sold through traders is not known then revenue is allocated to the location of the product at the time when control is transferred. Rio Tinto is domiciled in both the UK and Australia.
Non-current assets other than excluded items(a)
The total of non-current assets other than excluded items is shown by location below.

2020
US$m
2019
US$m
Australia 32,290 27,944 
Canada14,666 14,644 
Mongolia10,285 9,187 
United States of America6,090 5,459 
Africa3,294 3,583 
South America2,718 2,652 
Europe (excluding France and the UK)157 193 
UK117 158 
France55 64 
Other countries1,008 1,314 
Total non-current assets other than excluded items70,680 65,198 
Non-current assets excluded from analysis above:
Deferred tax assets3,385 3,102 
Other financial assets(b)
829 635 
Quasi equity loans to equity accounted units(b)
112 113 
Tax recoverable4 
Receivables and other assets1,525 1,446 
Total non-current assets per balance sheet76,535 70,499 
(a)Allocation of non-current assets by country is based on the location of the business units holding the assets. It includes investments in equity accounted units totalling US$3,652 million (2019: US$3,858 million) which represents the Group’s share of net assets excluding quasi equity loans shown separately above.
(b)Loans to equity accounted units comprise quasi equity loans of US$112 million (2019: US$113 million) included in “Investments in equity accounted units” on the face of the balance sheet and non-current non-quasi equity loans of US$1 million (2019: US$39 million) shown within “Other financial assets”.
Consolidated sales revenue by product
Consolidated sales revenues of the Group are derived from the following products sold to external customers:

Revenue from
contracts
with
customers
2020
US$m
Other
revenue(a)
2020
US$m
Consolidated
sales revenue
2020
US$m
Iron ore28,202 1,000 29,202 
Aluminium, Alumina and Bauxite9,092 54 9,146 
Copper1,721 64 1,785 
Industrial minerals2,054 (3)2,051 
Gold471 6 477 
Diamonds459  459 
Uranium(b)
299  299 
Other(b)
1,194 (2)1,192 
Consolidated sales revenue43,492 1,119 44,611 
Share of equity accounted unit sales and intra-subsidiary/equity accounted unit sales2,407 
Gross product sales47,018 


Revenue from contracts
with customers
2019
US$m
Other
revenue(a)
2019
US$m
Consolidated sales revenue
2019
US$m

Revenue from contracts
with customers
2018
US$m
Other
revenue(a)
2018
US$m

Consolidated sales revenue
2018
US$m
Iron ore25,516 229 25,745 19,888 (21)19,867 
Aluminium, Alumina and Bauxite10,207 (32)10,175 12,041 (22)12,019 
Copper2,030 (7)2,023 2,420 (32)2,388 
Coal — — — 986 989 
Industrial minerals2,251 (12)2,239 2,168 — 2,168 
Gold667 669 869 — 869 
Diamonds619 — 619 695 — 695 
Uranium(b)
375 — 375 415 — 415 
Other(b)
1,322 (2)1,320 1,112 — 1,112 
Consolidated sales revenue42,987 178 43,165 40,594 (72)40,522 
Share of equity accounted unit sales and intra-subsidiary/equity accounted unit sales2,202 2,313 
Gross product sales45,367 42,835 
(a)Certain of the Group's products may be provisionally priced at the date revenue is recognised. The change in value of the provisionally priced receivables is based on relevant forward market prices and is included in “Other revenue” above.
(b)Uranium sales revenues were previously included within "Other". These sales revenues are now presented separately and the 2018 and 2019 comparatives have been adjusted to ensure comparability.