Rio Tinto Plc · LSE:RIO
Rio Tinto — Corporate Update (September 2009)
13 slides from Rio Tinto's corporate update, Sep 22, 2009
Slide 1: ASX cover letter to Company Announcements Office
120 Collins Street Melbourne 3000 Australia Postal Address: GPO Box 384D Melbourne 3001 Australia T +61 (0) 3 9283 3333 F +61 (0) 3 9283 3707 For personal use only Company Announcements Office Australian Stock Exchange Limited SYDNEY NSW 2000 22 September 2009 Dear Sir/Madam Please find attached a p
Slide 2: Rio Tinto Alcan Financial community site visit
For personal use only Rio Tinto Alcan Financial community site visit 21 September 2009 1 Jean Simon President, Primary Metal – North America 21 September 2009 2009 North America Financial Community Site Tour 2 1
Slide 3: Cautionary Statement
Cautionary Statement For personal use only This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited (“Rio Tinto”) and consisting of the slides for a presentation concerning Rio Tinto. By reviewing/attending this presentation you agree to be bound by the following conditions. Forwar
Slide 4: Rio Tinto Alcan in Quebec
Rio Tinto Alcan in Quebec For personal use only Aluminium smelter and/or casting centre Offices/others Other plants Rio Tinto Alcan’s world headquarters 21 September 2009 2009 North America Financial Community Site Tour 5 Rio Tinto Alcan in Quebec Aluminium smelter and/or casting centre Arvida Resea
Slide 5: Saguenay–Lac-Saint-Jean hydroelectric system
Rio Tinto Alcan’s Saguenay– Lac-Saint-Jean hydroelectric system For personal use only Robust assets resulting from C$1.2 billion refurbishment program coupled with exceptional 1941 hydro expertise 1926 1943 Isle-Maligne Powerhouse Shipshaw Powerhouse Installed capacity 402MW Installed capacity 896MW
Slide 6: Integration with Hydro-Québec and British Columbia hydropower assets
A strong integration with Hydro-Québec provides flexibility and supports growth For personal use only • Self-generation is firmed-up by our flexible support contract with Hydro-Québec • As of 2001, hydroelectric production capacity meets around 90% of Rio Tinto Alcan’s needs for its wholly-owned sme
Slide 7: Smelters in Saguenay–Lac-Saint-Jean
Rio Tinto Alcan’s smelters in Saguenay–Lac-Saint-Jean For personal use only Four plants operating as a single 1.1 million tonne smelter – sharing best practices AP30 • World-class performance in current efficiency • New AP 30 technology • 2008 production: 424,000 tonnes Cash initiatives • External c
Slide 8: Bauxite and Alumina – Vaudreuil Works
Bauxite and Alumina – Vaudreuil Works For personal use only • Wholly-owned smelter-grade alumina production plant • 1.37 million tonne production in 2008 • Flexibility to operate at variable production levels and to continue adjusting its operations in response to market conditions and supply chain
Slide 9: Actions taken to address the economic downturn
For personal use only Rio Tinto Alcan Primary Metal in Canada Actions taken to address the economic downturn Building Rio Tinto Alcan’s future 21 September 2009 2009 North America Financial Community Site Tour 15 Decisive actions taken in Quebec Strong focus on cash preservation • Since the second h
Slide 10: Building future in Saguenay–Lac-Saint-Jean
For personal use only Rio Tinto Alcan Primary Metal in Canada Actions taken to address the economic downturn Building Rio Tinto Alcan’s future 21 September 2009 2009 North America Financial Community Site Tour 17 Building Rio Tinto Alcan’s future in Saguenay–Lac-Saint-Jean With unparalleled assets a
Slide 11: AP50 current status and Shipshaw 13th unit project
AP50 current status For personal use only • Main substation civil delivered in 2009; installation to continue through 2010 • Estimated Capex for 2009: C$145 million • Value Improvement exercise underway • Initial capacity of 60,000 tonnes per year (pilot) with expansion options • Expansion options u
Slide 12: Alma II and Kitimat Modernisation Project
Alma II For personal use only Project deferred but represents a highly valuable opportunity for when market conditions improve • Feasibility stopped in late 2008 • Potential for up to 200,000 tonnes • Lowest quartile operating costs • Attractive NPV ~ • Restart expected when market improves • Rio Ti
Slide 13: Conclusion and Questions
Conclusion For personal use only Clear and compelling strategy • Delivering decisive actions in the short term to improve cash • Delivering sustainable cost improvement • Rio Tinto Alcan holds a significant, globally competitive advantage to deliver shareholder value through: – Low-cost, long-life,