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Directors’ and key management personnel remuneration
12 Months Ended
Dec. 31, 2024
Disclosure Of Directors And Key Management Remuneration [Abstract]  
Directors’ and key management personnel remuneration 29 Directors’ and key management personnel remuneration Directors
Aggregate remuneration, calculated in accordance with the UK Companies Act 2006, of the Directors of the parent companies was as follows.
2024
US$'000
2023
US$'000
2022
US$'000
Emoluments
8,369
7,461
6,726
Long-term incentive plans
8,746
8,746
4,691
17,115
16,207
11,417
Pension contributions to defined contribution plans by Rio Tinto plc
26
20
10
Pension contributions to defined contribution plans by Rio Tinto Limited
Aggregate remuneration, including pension contributions
17,141
16,227
11,427
Incurred by:
Rio Tinto plc
16,185
15,184
10,692
Rio Tinto Limited
956
1,043
735
17,141
16,227
11,427
(a)Emoluments have been translated from local currency at the average exchange rate for the year with the exception of bonus payments, which have been translated at the year-end rate.
Key management personnel
The Group defines key management personnel as the Directors and certain members of the Executive Committee.
The Executive Committee includes the Executive Directors, product group Chief Executive Officers and Group executives.
During 2024, no Directors (2023: nil; 2022: nil) accrued retirement benefits under defined benefit arrangements, and 2 Directors (2023: 2; 2022:
2) accrued retirement benefits under defined contribution arrangements.
Aggregate compensation, representing the expense recognised under IFRS as defined in the “Basis of preparation” section, of the Group’s key
management, including Directors, was as follows.
2024
US$'000
2023
US$'000
2022
US$'000
Short-term employee benefits and costs
19,928
16,159
14,258
Post-employment benefits
186
155
174
Employment termination benefits
155
Share-based payments
14,724
10,305
10,846
Total(a)
34,838
26,774
25,278
(a)The figures shown above include employment costs which cover social security and accident premiums in Canada, the UK and payroll taxes in Australia paid by the employer as a direct
additional cost of hire. In total, they amount to US$2,316,000 (2023: US$1,321,000; 2022: US$1,173,000).