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Consolidated income statement - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Consolidated operations      
Consolidated sales revenue $ 53,658 $ 54,041 $ 55,554
Net operating costs (excluding items disclosed separately) (37,745) (37,052) (34,770)
Net impairment (charges)/reversals (538) (936) 150
Gains/(losses) on consolidation and disposal of interests in businesses 1,214 0 (105)
Exploration and evaluation expenditure (net of profit from disposal of interests in undeveloped projects) (936) (1,230) (896)
Operating profit 15,653 14,823 19,933
Share of profit after tax of equity accounted units 838 675 777
Impairment of investments in equity accounted units 0 0 (202)
Profit before finance items and taxation 16,491 15,498 20,508
Finance items      
Net exchange gains/(losses) on external net debt and intragroup balances 322 (251) 253
Losses on derivatives not qualifying for hedge accounting (92) (54) (424)
Finance income 514 536 179
Finance costs (763) (967) (335)
Amortisation of discount on provisions (857) (977) (1,519)
Net finance income (expense) (876) (1,713) (1,846)
Profit before taxation 15,615 13,785 18,662
Taxation (4,041) (3,832) (5,614)
Profit after tax for the period 11,574 9,953 13,048
– attributable to owners of Rio Tinto (net earnings) 11,552 10,058 12,392
– attributable to non-controlling interests $ 22 $ (105) $ 656
Basic earnings per share (in usd per share) $ 7.117 $ 6.203 $ 7.650
Diluted earnings per share (in usd per share) $ 7.072 $ 6.165 $ 7.604