v3.25.2
Interests in joint operations (Tables)
 12 Months Ended
Jun. 30, 2025
Investments accounted for using equity method [abstract]  
Summary of Significant Interests in Joint Operations
Significant joint operations of the Group are those with the most significant contributions to the Group’s net profit or net assets. The Group’s interest in the joint operations results are listed in the table below. For a list of the Group’s investments in joint operations, refer to Exhibit 8.1 – List of Subsidiaries.
 
            
Group’s interest
  
Significant joint operations
  
Country of operation
  
Principal activity
   
2025

%
      2024
%		  
Mt Goldsworthy
1
   Australia   Iron ore mining   
 
85
 
      85  
Mt Newman
1
   Australia   Iron ore mining   
 
85
 
      85  
Yandi
1
   Australia   Iron ore mining   
 
85
 
      85  
Central Queensland Coal Associates
   Australia   Coal mining   
 
50
 
      50  
 
1
These contractual arrangements are controlled by the Group and do not meet the definition of joint operations. However, as they are formed by contractual arrangement and are not entities, the Group recognises its share of assets, liabilities, revenue and expenses arising from these arrangements.
Summary of Assets Held in Joint Operations
Assets held in joint operations subject to significant restrictions are as follows:
 
    
Group’s share
  
    
2025
      2024  
    
US$M
      US$M  
Current assets
   
 
1,967
 
      1,928  
Non-current
assets
   
 
25,275
 
      25,307  
  
 
 
     
 
 
  
Total assets
1
   
 
27,242
 
      27,235  
  
 
 
     
 
 
  
 
1
 
While the Group is unrestricted in its ability to sell a share of its interest in these joint operations, it does not have the right to sell individual assets that are used in these joint operations without the unanimous consent of the other participants. The assets in these joint operations are also restricted to the extent that they are only available to be used by the joint operation itself and not by other operations of the Group.