XML 39 R30.htm IDEA: XBRL DOCUMENT
v3.25.2

Close-down, restoration and environmental provisions (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Disclosure of other provisions [abstract] |
Summary of provisions including post-retirement benefits |
|  |  |  | 30 June 2025(a) |  |  | 31 December 2024 |
|  |  | US$m |  |  | US$m |
Opening balance |  |  |  | 15,731 |  |  | 17,150 |  |
Adjustment on currency translation |  |  |  | 636 |  |  |  | (1,128) |  |
Adjustments to mining properties/right of use assets: |  |  |  |  |  |  |  |
– changes to existing and new provisions |  |  |  | (59) |  |  | 851 |  |
– change in discount rate(b) |  |  |  | — |  |  |  | (787) |  |
Charged/(credited) to profit: |  |  |  |  |  |  |  |
– increases to existing and new provisions |  |  |  | 38 |  |  |  | 435 |  |
– change in discount rate(b) |  |  |  | — |  |  |  | (235) |  |
– decreases and unused amounts reversed |  |  |  | (9) |  |  |  | (88) |  |
– exchange (gains)/losses on provisions |  |  |  | (45) |  |  |  | 26 |  |
– amortisation of discount |  |  |  | 378 |  |  | 843 |  |
Utilised in the period |  |  |  | (422) |  |  |  | (1,142) |  |
Acquisition - newly consolidated operation |  |  |  | 280 |  |  |  | 61 |  |
Transfers and other movements |  |  |  | 2 |  |  |  | (255) |  |
Closing balance |  |  |  | 16,530 |  |  | 15,731 |
Balance sheet analysis: |  |  |  |  |  |  |  |
Current |  |  |  | 1,252 |  |  | 1,183 |  |
Non-current |  |  |  | 15,278 |  |  | 14,548 |  |
Total |  |  |  | 16,530 |  |  | 15,731 |  |
(a)Close-down, restoration and environmental provisions at 30 June 2025 have not been adjusted for closure-related receivables amounting to US$375 million (31 December 2024: US$350 million) due from the ERA trust fund and other financial assets held for the purposes of meeting closure obligations. These are included within “Receivables and other assets” on the balance sheet. (b)Close-down, restoration and environmental provisions are based on risk-adjusted cash flows expressed in real terms. On 30 June 2024, we revised the closure discount rate from 2.0% to 2.5%, applied prospectively from that date. This assumption is based on the currency in which we plan to fund the closures and our expectation of long-term interest rate and exchange rate parity in the locations of our operations. There was no change to the closure discount rate during the 6 months ended 30 June 2025 or second half of 2024.

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfOtherProvisionsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of other provisions. [Refer: Other provisions] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 37 -IssueDate 2025-01-01 -Paragraph 84 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=37&code=ifrs-tx-2025-en-r&anchor=para_84&doctype=Standard -URIDate 2025-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 257 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_257&doctype=Standard -URIDate 2025-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 257 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_257&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfOtherProvisionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration