Rio Tinto PLC
02 February 2006
Rio Tinto's 75.7 per cent owned subsidiary, Coal & Allied Industries Limited,
issued the following news release in Australia. All dollars are Australian
currency.
Coal & Allied wins Mexico coal contract
Coal & Allied has won a tender to supply 4.29 million tonnes of thermal coal to
the Mexican Federal Electricity Commission over the next 18 months.
The contract, for the supply of coal to the Petacalco power plant in the Pacific
coast state of Guerrero, is expected to be signed tomorrow (Friday 3 February
2006).
Coal & Allied's managing director, Dr Grant Thorne, said, 'This deal represents
diversification for Coal & Allied into Mexico - a healthy and robust new market
for us. We are very pleased to have secured the tender in competition from a
strong field of international suppliers.'
'Australian coal producers enjoy a freight advantage over China and Indonesia,
our main competitors.'
Earlier this week, Coal & Allied announced a record net profit after tax for
2005 of A$290.1 million (compared with A$116.6 million in 2004). Coal &
Allied's total shipments in 2005 were 29 million tones of thermal and coking
coal, with the majority going to Japan.
For further information, please contact:
LONDON AUSTRALIA
Media Relations Media Relations
Maria Darby Walker Ian Head
Office: +44 (0) 20 7753 2305 Office: +61 (0) 3 9283 3620
Mobile: +44 (0) 7725 036 544 Mobile: +61 (0) 408 360 101
Investor Relations Investor Relations
Nigel Jones Dave Skinner
Office: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628
Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309
David Ovington Susie Creswell
Office: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639
Mobile: +44 (0) 7920 010 978 Mobile: +61 (0) 418 933 792
Website: www.riotinto.com
This information is provided by RNS
The company news service from the London Stock Exchange
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