Proposed joint venture between Rio Tinto and Baowu to develop Western Range deposit in the Pilbara: publication of shareholder circulars and notices of general meetings

Rio Tinto will today issue notices for general meetings of Rio Tinto plc and Rio Tinto Limited, which are being convened for the purpose of approving entry into an unincorporated joint venture and associated iron ore sales arrangement between Rio Tinto and China Baowu Steel Group Co. Ltd to jointly invest $2 billion  to develop the Western Range project in the  Pilbara, Western Australia. The notices will be available at riotinto.com/gm2022. Rio Tinto Limited's notice of general meeting will also be released to the ASX.

The general meetings will be held contemporaneously on 25 October 2022.  Rio Tinto plc will hold its general meeting at 9.00 a.m. (BST) in London and Rio Tinto Limited will hold its extraordinary general meeting at 4.00 p.m. (AWST) in Perth. Shareholders are invited to participate in the meetings in person.

In the lead up to the general meetings, Rio Tinto will continue to monitor the COVID-19 situation in the United Kingdom and in Australia. If it becomes necessary or appropriate to make alternate arrangements to hold the meetings, shareholders will be given as much notice as possible. Updates will be made available at riotinto.com/gm2022.

This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.

riotinto.com