Rio Tinto Plc · LSE:RIO
Rio Tinto — Mozambique Coal Conference (June 2011)
20 slides from Rio Tinto's conference presentation, June 2011
Slide 1: Riversdale – a new supply of hard coking and thermal coal
Riversdale – a new supply of hard coking and thermal coal Andrew Woodley, Executive Director Riversdale Mozambique Limitada
Slide 2: Cautionary Statement
Cautionary Statement 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. Forward-Looking Statements T
Slide 3: Presentation Outline
Presentation Outline Introducing Rio Tinto Countdown to first exports in Q4 20011 The Moatize Coal Basin Benga Construction Progress Riversdale’s Projects Infrastructure Overview Community Involvement 3
Slide 4: Introducing Rio Tinto
Introducing Rio Tinto Alumina, Borates Coal Copper Diamonds aluminium & bauxite Gold and silver Iron ore Molybdenum Salt Talc Titanium dioxide Uranium 4
Slide 5: Rio Tinto Has a Presence in Over 40 Countries
Rio Tinto Has a Presence in Over 40 Countries 18 Key Mines and mining projects Smelters, ref i neri es and pr ocessi ng pl ant sr e mot efr o m m in Aluminium Copper Diamonds & Minerals Energy Iron Ore 5
Slide 6: Our Approach
Our Approach • For Rio Tinto, safety is a core value • World class safety performance (0.66 injuries per 200,000 hrs worked by Rio Tinto employees in 2010) • Our commitment to sustainable development underpins the way our business operates • Strong track record in: • Health, Safety, Environmental ma
Slide 7: Our Global Coal Market Experience
Our Global Coal Market Experience Kestrel underground mine, Queensland Rehabilitated area at Blair Athol, Queensland Hail Creek open cut mine, Mount Thorley Warkworth, Queensland New South Wales 7
Slide 8: Rio Tinto's Acquisition of Riversdale
Rio Tinto’s Acquisition of Riversdale • Riversdale provides Rio Tinto with one of the world's most prospective ‘tier one’ coking coal development portfolios • Rio Tinto announced a takeover offer in December 2010; as of June 17 Rio Tinto entered into compulsory acquisition and by end of August will
Slide 9: Mozambique's Moatize Basin
Mozambique’s Moatize Basin • The world’s next major coal basin TANZANIA • Premium hard coking coal and high energy ZAMBIA MALAWI Lichinga thermal coal Nacala Quamba CAHORRA RIV Tete Ilha de • Benga (65% RIV) & Zambeze (100%) have BASA DAM Projects Nampula Moçambique Tete MOZAMBIQUE significant coal
Slide 10: Supply & Demand – Seaborne Coking Coal
Supply & Demand – Seaborne Coking Coal Australia Dominates Seaborne Emerging Economies Are Coking Coal Supply (Mtpa) Driving Demand Growth (Mtpa) Source: Wood Mackenzie
Slide 11: Riversdale's Assets
Riversdale’s Assets Mozambique – Moatize Basin Projects TANZANIA ZAMBIA • Two ‘Tier 1’ hard coking coal and thermal mines under MALAWI RIV development – Benga and Zambeze Projects ZIMBABWE Tete • Benga mine in construction, first exports end 2011 • Zambeze project – exploration licence granted, stud
Slide 12: Benga Project
Benga Project CHPP Construction is advanced Mine infrastructure progressing well Overland conveyor construction First coal exports planned for Q4 2011 12
Slide 13: Benga Project
Benga Project Benga Project (65% Riversdale) Project Location • Major construction works are advanced Zambeze • 40% LOM agreement with Tata Steel • Products to comprise of hard coking coal Benga and export thermal coal • Mining lease granted for 25 years • All major approvals received Tenement holde
Slide 14: Zambeze Project
Zambeze Project Zambeze Project (100% Riversdale) Project Location • Tier one hard coking coal project • Adjacent to the Benga Project • Products to comprise of hard coking coal Zambeze and export thermal coal • Potential for a large scale operation Benga • Potential for first exports in late 2014 T
Slide 15: Other Opportunities – Tete East Project
Other Opportunities – Tete East Project Tete East Project (100% Riversdale) Project Location Tete East Project Licences • Riversdale’s third Tier 1 HCC project • Ability to leverage off Benga and Zambeze logistics systems • Benga coal seams extend into surrounding Tenements • 945L is immediately adj
Slide 16: Export Logistics Progress – Benga Stage 1
Export Logistics Progress – Benga Stage 1 Sena Railway Line • Coal producers awaiting final approval from Government authorities Rolling Stock • Riversdale’s rolling stock operations due to coincide with first coal export (Q4 The completed Sena Railway Line 2011) Port and Rail • Riversdale’s railway
Slide 17: Zambezi River barging
Zambezi River barging • Barging Prefeasibility Study Dec 2010 • Environment and Social Impact Assessment: • April 2011 lodged • May 2011 public meetings • Sept/Oct 2011 target date for approval The “Tafica” (18m) – Riversdale’s primary work barge • Target commencement dates: • Feb 2012 river facilit
Slide 18: Studies Underway into Export Logistics Options for Expansion
Studies Underway into Export Logistics Options for Expansion • Solutions sought for long term logistics for export of coal from Moatize Basin • Solution needs to: • Supplement existing/upgraded Beira & Nacala export corridors • Cater for future growth Zambezi River studies • Provide a catalyst for f
Slide 19: Community Capacity Building
Community Capacity Building • Rio Tinto is committed to supporting the excellent work underway at the Riversdale Training Centre in Tete – 28,300 people have registered – 1172 candidates have been trained & assessed in building/civil trades – 275 local candidates will be trained on the centre’s simu
Slide 20: An Alternative Supplier of Coking Coal
An Alternative Supplier of Coking Coal 20