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Exhibit 2.01 

 

Resource Extraction Payment Report

 

Government-level disclosure

 

The table below sets forth our payments made to governments for the fiscal year ended December 31, 2024, by government and type of payment.

 

  (US$ million)
  Taxes Royalties Fees Payments for infrastructure improvements Community and social responsibility payments Total
North America  6.2  1.2  - - 1.9  9.3
Canada  4.9  1.2  - - 1.9  8.0
National  0.2 - - - -  0.2
Canada Revenue Agency  0.2 - - - -  0.2
Manitoba  1.4 - - - -  1.4
Manitoba Finance  1.4 - - - -  1.4
Newfoundland  1.0  1.2  - - 0.4  2.6
Newfoundland Exchequer  1.0  1.2  - - -  2.2
Nunatsiavut Government -  - - - 0.2  0.2
Innu Nation -  - - - 0.2  0.2
Ontario  2.3 - - - 1.5  3.8
Treasurer of Ontario  2.3 - - - -  2.3
Atikameksheng Anishnawbek First Nation - - - - 0.7 0.7
City of Greater Sudbury - - - - 0.2 0.2
Sagamok Anishnawbek First Nation - - - - 0.5 0.5
Wahnapitae First Nation - - - - 0.1 0.1
United States  1.3 - - - -  1.3
U.S. Federal Government  1.3 - - - -  1.3
South America 2,122.8  807.5 1,219.9  533.9  1.7 4,685.8
Brazil 2,120.9  807.5 1,219.9  533.9  1.7 4,683.9
National 2,120.9  807.5  738.3  533.9 - 4,200.6
Ministry of Finance 2,120.9 -  0.5 - - 2,121.4
National Land Transport Agency - -  712.4  533.9 - 1,246.3
 
 

 

National Mining Agency -  807.5  0.2 - -  807.7
Rio de Janeiro Dock Company (Companhia Docas do Rio de Janeiro) - -  22.6 - -  22.6
Ministry of Transport - -  2.6 - -  2.6
Pará - -  258.7 -  1.2  259.9
State Department of Finance of Pará - -  257.4 -  0.1  257.5
Court of Justice of the State of Pará - - - -  0.1  0.1
Other - -  1.3 -  1.0  2.3
Minas Gerais - -  219.9 -  0.5  220.4
State Department of Finance of Minas Gerais - -  219.9 - -  219.9
Public Prosecutor's Office of Minas Gerais - - - -  0.5  0.5
Maranhão - -  3.0 - -  3.0
Maranhão Port Administration Company (EMAP) - -  3.0 - -  3.0
Chile  0.9 - - - -  0.9
National  0.9 - - - -  0.9
General Treasury of the Republic  0.9 - - - -  0.9
Peru  1.0 - - - -  1.0
National  1.0 - - - -  1.0
Government of Peru  1.0 - - - -  1.0
Asia-Pacific  88.4  9.6  150.8 -  3.6  252.4
China, Mainland  8.6 -  149.3 - -  157.9
National  8.6 -  149.3 - -  157.9
Majority-owed ports - -  149.3 - -  149.3
Waigaoqiao Tax Bureau  8.0 - - - -  8.0
Jing An Tax Bureau  0.5 - - - -  0.5
Chaoyang Tax Bureau  0.1 - - - -  0.1
Indonesia  43.9  9.6 - -  3.6  57.1
National  43.9  9.6 - - -  53.5
Directorate General of Taxes  38.0 - - - -  38.0
Ministry of Energy Mine Resource -  9.6 - - -  9.6
Government of Indonesia  5.9 - - - -  5.9
South Sulawesi - - - -  3.6  3.6
Soroako Technical Academy - - - - 2.5 2.5
Community Development Committee - - - -  0.8  0.8
Yayasan Pendididkan Sorowako - - - - 0.3 0.3
Japan  5.4 - - - -  5.4
National  4.0 - - - -  4.0
 
 

 

National Tax Agency  3.1 - - - -  3.1
Shiba Tax Office  0.9 - - - -  0.9
Mie  1.0 - - - -  1.0
Mie Prefecture  0.8 - - - -  0.8
Matsusaka City  0.2 - - - -  0.2
Tokyo  0.4 - - - -  0.4
Minato Tax Office  0.4 - - - -  0.4
Malaysia  26.0 - 1.5 - -  27.5
National  26.0 - 0.8 - -  26.8
Inland Revenue Board of Malaysia  25.3 - - - -  25.3
Royal Malaysian Customs Department  0.7 - - - -  0.7
Department of Director General of Lands and Mines - - 0.8 - - 0.8
Perak - - 0.7 - - 0.7
Manjung Municipal Council - - 0.7 - - 0.7
Singapore  4.5 - - - -  4.5
National  4.5 - - - -  4.5
Inland Revenue Authority of Singapore 4.5 - - - - 4.5
Europe & Middle East  59.6 -  79.6 - -  139.2
Oman  16.6 -  79.6 - -  96.2
National  16.6 -  79.6 - -  96.2
Oman Charter Company Saoc - -  79.6 - -  79.6
Ministry of Finance  14.6 - - - -  14.6
Directorate General of Customs  2.0 - - - -  2.0
Switzerland  40.0 - - - - 40.0
National  2.7 - - - -  2.7
Federal Tax Administration  1.8 - - - -  1.8
Department of Finance Tax Administration  0.9 - - - -  0.9
Vaud  37.3 - - - -  37.3
Cantonal Tax Administration  37.2 - - - -  37.2
Department of Finance Tax Administration  0.1 - - - -  0.1
United Kingdom  3.0 - - - -  3.0
National  3.0 - - - -  3.0
HM Revenue and Customs  3.0 - - - -  3.0
Total 2,277.0  818.3 1,450.3  533.9  7.2 5,086.7

 

 

 
 

Project-level disclosure

 

The table below sets forth our payments made to governments for the fiscal year ended December 31, 2024, by project and type of payment.

        (US$ million)
Type of resource Country / Major subnational jurisdiction Extraction method Business segment Taxes Royalties Fees Payments for infrastructure improvements Community and social responsibility payments Total
Iron ore Brazil - Pará Open pit Iron solutions  -  -  255.5  -  -  255.5
Brazil - Minas Gerais Open pit Iron solutions  -  -  219.9  -  -  219.9
Brazil - Maranhão Open pit Iron solutions  -  -  3.0  -  -  3.0
Total      -  -  478.4  -  -  478.4
Copper Brazil - Pará Open pit Energy transition metals  -  -  2.4  -  -  2.4
Total      -  -  2.4  -  -  2.4
Nickel Brazil - Pará Open cast Energy transition metals  -  -  0.8  -  -  0.8
Canada - Manitoba Underground Energy transition metals  1.4  -  -  -  -  1.4
Canada - Ontario Underground Energy transition metals  -  -  -  -  1.6 1.6
Canada - Newfoundland Open pit/underground Energy transition metals  1.0  1.2  -  -  0.4  2.6
Indonesia - South Sulawesi Open pit Energy transition metals  -  -  -  -  3.5  3.5
Total      2.4  1.2  0.8  -  5.5  9.9
Total        2.4  1.2  481.6  -  5.5  490.7

 

 
 
  (US$ million)
Projects Taxes Royalties Fees Payments for infrastructure improvements Community and social responsibility payments Total
Entity level  2,274.5  817.1  968.7  533.9  1.8 4,596.0
Total  2,274.5  817.1  968.7  533.9  1.8 4,596.0