Rio Tinto Plc · LSE:RIO
Rio Tinto — Asia Mining conference 2006
22 slides from Rio Tinto's conference presentation, Mar 30, 2006
Slide 1: The Rio Tinto Group's role in supplying metals and minerals for Asian development
Asia Mining conference “The Rio Tinto Group’s role in supplying metals and minerals for Asian development” Tom Albanese Chief executive, Copper and Exploration Singapore – 30 March 2006
Slide 2: Presentation outline
Presentation outline Who is Rio Tinto? The China effect Global expansion projects Sustainable development
Slide 3: Rio Tinto overview
Rio Tinto overview BHP Billiton 103.8 Rio Tinto 65.6 Anglo American 53.3 CVRD 50.6 Alcoa 26.3 Newmont Mining Barrick Gold 22.5 22.4 • Second largest global mining company Norilsk 18.4 • Largest supplier of industrial minerals Xstrata 17.7 Anglo Platinum 17.4 • Second in coal and uranium globally Alc
Slide 4: A broad geographic spread of operations
A broad geographic spread of operations Diamonds Aluminium Zinc, silver Talc Coal TiO2 / Iron and gold Iron Ore Talc Talc Talc Gold Coal Nickel Borates Copper Aluminium TiO2 Copper / Gold / Silver / Copper / Gold Molybdenum Iron ore Copper Uranium Diamonds Bauxite Iron ore Diamonds Salt Coal Copper
Slide 5: A leading position in many sectors
A leading position in many sectors Iron ore Energy – Coal & Uranium Industrial Minerals Aluminium Copper Diamonds
Slide 6: Record earnings advance in 2005
Record earnings advance in 2005 Underlying earnings* Earnings - by commodity US$ millions (2005) Other Diamonds 1% 4,955 Industrial 5% 5000 Minerals 4% Copper, Gold 4000 & Moly 38% Coal 13% 3000 2,272 2000 1,662 1,507 1,530 1,282 1,382 1,220 1,070 1,103 1000 Iron Ore 32% Aluminium 7% 0 96 97 98 99 '
Slide 7: Cash flow and capital expenditure
Cash flow and capital expenditure US$m 8,000 Cash flow Dividends from Net Group 7,000 from equity accounted capital operations units expenditure 6,000 5,000 4,000 3,000 2,000 1,000 0 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 Cash from operations excludes cash flows relating to capital expenditure
Slide 8: China fuelling demand for minerals and energy
China fuelling demand for minerals and energy
Slide 9: China keeps resources boom rolling
RIO TINTO Flush Monsters = China keeps resources boom rolling investors in demand By DAN KOCH e MASSIVE mining approved multimillion- Australian mine is plan- trucks are stranded by @ dollar upgrades to their ning to dig up old tyres worldwide shortage of large tyre production. —_used as road marker
Slide 10: China's share of market demand
China’s share of market demand % of total world demand 45 40 Aluminium Copper Traded iron ore 35 30 25 20 15 10 5 0 Source: WBMS / Rio Tinto 1990 1996 2005
Slide 11: Chinese steel production and iron ore imports
Chinese steel production and iron ore imports Million tonnes 400 Steel production Iron ore imports 300 200 100 0 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 Source: IISI / Tex
Slide 12: Copper: China production lags output
Copper: China production lags output 25 20 Mine output % of global .... Smelter 15 Production Refined output 10 Consumption 5 0 1985 1988 1991 1994 1997 2000 2003
Slide 13: Asia share of gross turnover 2005
Asia shave of gross turnover 2005 (US$20.7 billion) Australia/ New Zealand 1.4 3.1 North China America 4.5 2.7 Other Asia 9.8 Asia Other 0.8 4 Japan 4.2 Europe
Slide 14: Understanding China
Understanding China • Resources • Short term risks • Longer term risks • Perspective on global trade
Slide 15: What are we doing about it?
What are we doing about it? Understanding China • Partnerships with experts • Market analysis Positioning for global growth • Projects • Exploration
Slide 16: Cortez gold mine - US
Cortez gold mine - US
Slide 17: Simandou, Resolution, Madagascar, Potasio Rio Colorado
Simandou Resolution Madagascar Potasio Rio Colorado
Slide 18: La Granja - Peru
La Granja - Peru
Slide 19: Countries in which Rio Tinto Exploration is active
Countries in which Rio Tinto Exploration is active Core countries Emerging programmes Under review No present interest
Slide 20: Area of focus for the Joint Venture
Area of focus for the Joint Venture Steps Taken to Date • JV Agreement Russian signed on January Federation 27th, 2006 Area of focus • Formation of legal entity and company Kazakhstan charter approved by Mongolia parties • Board of Directors China formed and General Director appointed • Governance m
Slide 21: Commitment to Sustainable Development differentiates Rio Tinto
Commitment to Sustainable Development differentiates Rio Tinto Achieved through: Corporate philosophy • Corporate policies & ethics • Stakeholder relationships • Environmental performance • Commercial transparency • Community relations • Employee welfare • Shareholder return • Economic contribution
Slide 22: Kennecott smelter - US
Bes ae Wad “ht Kennecott smelter - US