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Share-based payments (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Charge has been recognised in income statement for Rio Tinto's share-based incentive plans, and the related liability (for cash-settled plans)
The charge that has been recognised in the income statement for Rio Tinto’s share-based incentive plans, and the related liability (for cash-settled awards), is set out in the table below.

Charge recognised for the yearLiability at the end of the year

2022
US$m
2021
US$m
2020
US$m
2022
US$m
2021
US$m
Equity-settled awards117 122 131 — — 
Cash-settled awards
Total122 126 138 
Performance share plans  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of non-vested and vested shares
Performance Share Awards (granted under either the Performance Share Plans or the Equity Incentive Plans)

Rio Tinto plc awards
Rio Tinto Limited awards
2022
number
Weighted
average fair
value at grant
date
2022
£
2021
number
Weighted
average fair
value at grant
date
2021
£
2022
number
Weighted
average fair
value at grant
date
2022
A$
2021
number
Weighted
average fair
value at grant
date
2021
A$
Unvested awards at 1 January3,376,072 24.26 3,778,041 21.01 1,276,694 50.46 1,391,373 44.40 
Awarded
518,950 25.60 676,296 29.63 256,508 51.21 217,178 60.67 
Forfeited
(9,973)31.68 (474,878)20.85 (38,733)51.09 (59,291)46.42 
Failed performance conditions
(326,522)32.83 (189,799)19.43 (149,788)61.40 (89,448)44.07 
Vested
(655,078)20.49 (413,588)9.48 (304,441)38.68 (183,118)20.96 
Unvested awards at 31 December2,903,449 24.36 3,376,072 24.26 1,040,240 52.51 1,276,694 50.46 

Rio Tinto plc awards
Rio Tinto Limited awards

2022
number
Weighted
average share price at vesting
2022
£
2021
number
Weighted
average share price at vesting
2021
£
2022
number
Weighted
average share price at vesting
2022
A$
2021
number
Weighted
average share price at vesting
2021
A$
Vested awards settled in shares during the year (including dividend shares applied on vesting)
632,533 54.96 431,682 62.63 247,216 115.25 184,876 127.37 
Vested awards settled in cash during the year (including dividend shares applied on vesting)
230,006 54.67 63,144 62.35 140,479 115.35 29,737 127.5 
Share Incentive Plans  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of non-vested and vested shares
Management Share Awards, Bonus Deferral Awards (granted under the Management Share Plans or Equity Incentive Plans), Global Employee Share Plans and UK Share Plan (combined)
Rio Tinto plc awards(a)
Rio Tinto Limited awards

2022
number
Weighted
average fair
value at grant
date
2022
£
2021
number
Weighted
average fair
value at grant
date
2021
£
2022
number
Weighted
average fair
value at grant
date
2022
A$
2021
number
Weighted
average fair
value at grant
date
2021
A$
Unvested awards at 1 January(b)
2,493,826 43.55 2,650,861 37.50 2,164,568 92.31 2,216,734 82.52 
Awarded
1,187,887 50.37 987,665 52.07 1,068,556 95.69 887,022 105.47 
Forfeited
(146,816)56.66 (202,248)23.84 (155,631)96.46 (130,990)90.01 
Cancelled
(65,267)44.99 (42,812)45.09 (46,300)86.44 (46,624)87.08 
Vested
(883,951)39.69 (899,640)39.44 (690,488)86.96 (761,574)79.86 
Unvested awards at 31 December(b)
2,585,679 47.22 2,493,826 43.55 2,340,705 95.27 2,164,568 92.31 
Comprising:
– Management Share Awards
1,220,559 48.82 1,241,695 43.63 1,150,641 103.00 1,178,538 95.70 
– Bonus Deferral Awards
139,782 55.96 158,572 42.31 60,862 113.13 46,660 96.08 
– Global Employee Share Plan
1,191,738 44.51 1,060,394 43.49 1,129,202 86.43 939,370 87.86 
– UK Share Plan
33,600 49.05 33,165 47.94 — — — — 
27     Share-based payments continued
2022
number
Weighted
average share price at vesting
2022
£
2021
number
Weighted
average share price at vesting
2021
£
2022
number
Weighted
average share price at vesting
2022
A$
2021
number
Weighted
average share price at vesting
2021
A$
Vested awards settled in shares during the year (including dividend shares applied on vesting):
– Management Share Awards
529,054 54.59 547,487 60.74 486,587 113.18 550,161 122.89 
– Bonus Deferral Awards
136,317 55.11 100,368 47.96 32,080 107.78 34,279 105.55 
– Global Employee Share Plan
478,204 51.52 407,314 54.61 337,782 104.82 312,109 112.33 
– UK Share Plan
12,176 55.20 20,111 57.15 — — — — 
Vested awards settled in cash during the year (including dividend shares applied on vesting):
– Bonus Deferral Awards23,611 55.98 23,371 46.12 12,699 113.23 19,607 93.5 
(a)Awards of Rio Tinto American Depositary Receipts (ADRs) under the Global Employee Share Plan are included within the totals for Rio Tinto plc awards for the purpose of these tables.
(b)These numbers are presented and calculated in accordance with IFRS 2 and represent awards for which an IFRS 2 charge continues to be accrued for.