Slide 1: Preston Chiaro, Chief Executive, Energy and Minerals – Mining Indaba 2008
Preston Chiaro Chief Executive, Energy and Minerals Mining Indaba 2008 February 5 Cape Town, South Africa
Slide 2: Forward Looking Statements
This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited (“Rio Tinto”) and comprises 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 • This presentation includ
Slide 3: Iron ore, Aluminium, Energy and Minerals, Copper and Diamonds
Iron ore Energy and Minerals Aluminium Copper and Diamonds February 2008 INDABA 2008 3
Slide 4: Finished Steel Consumption and GDP per Capita in 2006
1200 Finished Steel Consumption and GDP per Capita in 2006 1000 Average Per capita consumption (kg) Average Average Average income income income income in 2050 800 in 2000 in 2006 in 2025 Japan 600 400 China USA 200 South Africa Note: Size of bubble reflects population size 0 0 India 10000 20000 300
Slide 5: Continuing focus on the creation of shareholder value
• Continuing focus on the creation of shareholder value • Clear strategic direction and management focus • Pursuit of the highest quality assets wherever they are located • Leadership in sustainable development • Inventory of tier one growth opportunities and options • Project execution skills under
Slide 6: LTIFR per 200,000 hours worked
6 LTIFR* per 200 000 hours worked 5 4 USA 3 Australia 2 Rio Tinto 1 0 98 99 00 01 02 03 04 05 06 Note: Data for Australia (source: Minerals Council of Australia) and the USA (source: USA Minerals Council) has been normalised to include restricted workdays and contractors in the LTIFR calculation. *
Slide 7: Mines in Africa
Mines • 1964 Palabora Mining Company Ltd, RSA (58%) • 1976 Rössing Uranium Ltd, Namibia (69%) • 1977 Richards Bay Minerals (RBM), RSA (50%) CBG • 2004 Murowa Diamonds (Private) Awaso Limited, Zimbabwe (78%) Edea Murowa 2007 Acquisitions • CBG Bauxite, Guinea (23%) • Awaso Bauxite, Ghana (80%) Rössin
Slide 8: Development projects
Development projects • QIT Madagascar Minerals, Madagascar (80%) • Simandou iron ore, Guinea Simandou (95%) Bauxite • Coega smelter, RSA (80%) AARG • Alcan–Alcoa Refinery, Guinea • Bauxite Mine & Refinery, Ghana • Manantenina bauxite mine & QMM refinery, Madagascar Manantenina Coega February 2008 IN
Slide 9: Rössing, Namibia
• Operating in Namibia since 1976 • Dec 05 life of mine extension US$112M • Brownfields exploration potential • Rossing foundation • Education, employment and training • Health and safety February 2008 INDABA 2008 9
Slide 10: QIT Madagascar Minerals
! • First production end of 2008 • High quality ilmenite, slag of 90% TiO2 • Environmental and social programs • Development together with World Bank • Biodiversity management • Phase 1: 750 000 tonnes per annum • Potential to expand to 1.7 million tonnes February 2008 INDABA 2008 10
Slide 11: Simandou iron ore, Guinea
" • High grade iron ore resources • Extensive infrastructure under study • Total capital costs estimated to exceed US$6 billion • Pre-feasibility underway • Production – target late 2013 • Significant revenue to Guinea • Extensive interaction with multilaterals to discuss how the development of Sima
Slide 12: Palabora underground mine
# $ % $ • Successful extension of a brown field site • Probably the most productive single shaft mine in the world • Innovations and success in cave initiation, secondary breaking and cave management • Palabora underground is now operating at 10% above design capacity February 2008 INDABA 2008 12
Slide 13: Advanced projects, active programmes, under review
& '(() '((* Simandou orbit 2004 2008 Rössing orbit Ilmenite Advanced projects Coking coal Active programmes Under review Source: Rio Tinto February 2008 INDABA 2008 13
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