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Our operating assets
12 Months Ended
Dec. 31, 2024
Disclosure Of Operating Assets [Abstract]  
Our operating assets Our operating assets
We are a diversified mining operation with the majority of our assets being located in OECD countries.
Non-current assets other than excluded items
The total of non-current assets other than excluded items is shown by location below(a).
2024
US$m
2023
US$m
Australia
29,177
31,419
Canada
14,444
15,362
Mongolia
15,244
14,172
US
7,111
7,171
Africa
5,597
3,412
South America
3,704
3,624
Europe (excluding UK)
216
165
UK
109
132
Other countries
1,739
1,254
Total non-current assets other than excluded items
77,341
76,711
Non-current assets excluded from analysis above:
Deferred tax assets
4,016
3,624
Other financial assets
1,090
481
Quasi-equity loans to equity accounted units(a)
5
14
Receivables and other assets
1,214
1,209
Total non-current assets per balance sheet
83,666
82,039
(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$4,832 million
(2023: US$4,393 million) which represents the Group’s share of net assets excluding quasi-equity loans shown separately above.