Slide 1: ASX cover letter for site visit presentation
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 16 June 2008 Dear Sir, Attached is a presentation given o
Slide 2: Rio Tinto Alcan Financial community site visit
For personal use only Rio Tinto Alcan Financial community site visit 15 - 20 June 2008
Slide 3: Cautionary statement
Cautionary statement 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. For personal use only Forward lo
Slide 4: Steve Hodgson, President Bauxite & Alumina
For personal use only Steve Hodgson President Bauxite & Alumina - Rio Tinto Alcan Financial community site visit (15 - 20 June 2008) 3
Slide 5: Bauxite & alumina strategy
For personal use only Bauxite & alumina strategy Strategic priorities: • Overarching aim to achieve excellence in health, safety and environment performance • Establish and maintain a long position in both bauxite and alumina production to support existing operations and to underpin aluminium smelti
Slide 6: Bauxite & alumina value chain
For personal use only Bauxite & alumina value chain Balance in the bauxite and alumina value chain Alumina prices: spot and Australian export 1992 - 2008 • Bauxite security of supply underpins alumina 700 ($/tonne) expansion Alumina Spot 600 Alumina - Australian Export 500 • Alumina security of supp
Slide 7: Large-scale bauxite and alumina hub in Australia
Large-scale bauxite and alumina hub in Australia Alumina exports & Bauxite exports For personal use only transfers 2007 production Bauxite 22.9 Mt Alumina exports & Alumina 6.3 Mt transfers Gove – 1.9 Mt Weipa – 18.2 Mt Gove – 4.7 Mt Mitchell Plateau2 – 0 Mt QAL1 – 3.1 Mt Boyne – 330 kt Yarwun – 1.3
Slide 8: Commissioning and ramp-up progresses at Gove
Commissioning and ramp-up progresses at Gove For personal use only Alumina production Million tonnes per annum 4 3 2 1 0 2006 2008 2010 2012 2014 • Stage 3 expansion of 1.8mtpa undergoing • Co-located bauxite mine & alumina refinery, large commissioning and ramp up scale, proximity to RTA north-east
Slide 9: A project of enormous scale
For personal use only A project of enormous scale • Gove pre-assembled module (PAM) strategy • Innovative PAM strategy involving tie-in to fully adopted to lower cost, improve schedule, operational existing refinery involves minimise social environmental and safety commissioning and ramp-up risks im
Slide 10: Priorities to maximise value at Gove
For personal use only Priorities to maximise value at Gove • Alternative energy sources for Gove operations – Pre-feasibility study underway • Long term agreement with traditional land owners • Options for bauxite development – Commercial sales commencing 2008 – Re-invigoration of exploration progra
Slide 11: Yarwun provides excellent growth prospects
Yarwun provides excellent growth prospects For personal use only Yarwun 2 Alumina production Yarwun 3 site Million tonnes per annum 6 5 4 3 2 1 0 2006 2008 2010 2012 2014 • Stage 2 expansion to add 2.0mtpa capacity to • First shipments expected in H2 of 2010. Project existing 1.4mtpa refinery in Gla
Slide 12: Yarwun stage work progressing well
For personal use only Yarwun stage 2 work progressing well Tank tubs welded around internal scaffold towers Preparation for concrete pour in precipitation area • In the 11 months since the expansion project • The project includes a gas-based 160 MW commenced, engineering is approximately cogeneratio
Slide 13: QAL growth options
For personal use only QAL growth options Alumina production Million tonnes per annum 5 4 3 2 1 0 2006 2008 2010 2012 2014 • Number of QAL partners has reduced from four to • Priority of QAL partners to take plant to two since plant first commissioned in 1967 4.2mtpa • Extensive history of successful
Slide 14: Summary
For personal use only Summary • Significant near term alumina growth: – Gove – Yarwun – QAL pre-feasibility about to be launched • Weipa is the engine room that will drive alumina growth • Focus on driving efficiencies through massive bauxite and alumina hub in Australia • Priority on cost reduction