XML 46 R15.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenue
 12 Months Ended
Dec. 31, 2024
Disclosure of disaggregation of revenue from contracts with customers [abstract]  
Revenue
7. Revenue

a) Total Revenue by Major Product Type and Reportable Segment

The following table shows our revenue disaggregated by major product type and by reportable segment (Note 33). A reportable segment can have revenue from more than one commodity, as it can include an operation that produces more than one product. Intra-segment revenue is accounted for at current market prices as if the sales were made to arm’s-length parties and are eliminated on consolidation.

As a result of the sale of our steelmaking coal business in July of 2024 and the sale of our 21.3% interest in Fort Hills and associated downstream assets in 2023, we no longer present the associated revenue in the tables below. Revenue related to the steelmaking coal business and Fort Hills are disclosed in Note 5, Sale of Steelmaking Coal Business and Discontinued Operations.

(CAD$ in millions)
2024
 
CopperZincTotal
Copper$5,035 $— $5,035 
Zinc183 2,743 2,926 
Silver89 503 592 
Lead1 421 422 
Molybdenum
186 — 186 
Other48 403 451 
Intra-segment— (547)(547)
$5,542 $3,523 $9,065 
7. Revenue (continued)

(CAD$ in millions)2023
 CopperZincTotal
Copper$3,016 $— $3,016 
Zinc257 2,443 2,700 
Silver44 414 458 
Lead2 386 388 
Molybdenum
85 — 85 
Other21 351 372 
Intra-segment— (543)(543)
$3,425 $3,051 $6,476 

b) Total Revenue by Region

The following table shows our revenue disaggregated by geographical region. Revenue is attributed to regions based on the destination port or delivery location as designated by the customer.

(CAD$ in millions)20242023
Asia
China$2,669 $1,873 
Japan1,095 766 
South Korea870 407 
India452 216 
Other250 119 
Americas
United States1,285 1,312 
Canada642 614 
Chile
615 266 
Other
8 9 
Europe
Germany410 279 
Spain
326 250 
Bulgaria
170 80 
Finland
118 82 
Belgium
92 140 
Other63 63 
$9,065 $6,476 
No customer accounted for more than 10% of total revenue in 2023 and 2024.