Hamersley Iron expansion

Rio Tinto PLC 04 December 2003 Major Expansion of Hamersley Iron's Dampier Port and Yandicoogina Mine Rio Tinto has approved the expansion of Hamersley Iron's (Rio Tinto 100 per cent) Dampier port and Yandicoogina mine in the Pilbara region of Western Australia. Total investment will be US$920 million. The port expansion will increase iron ore capacity from 74 million tonnes per annum to 116 million tonnes per annum. The Yandicoogina mine will increase output to 36 million tonnes per annum. Capacity is around 20 million tonnes per annum although a current project to increase output to 24 million tonnes per annum is nearing completion. Rio Tinto's decision to expand iron ore capacity in the Pilbara is a significant step in ensuring its ability to meet the needs of customers and the strong growth in demand for iron ore in China. Construction on both projects is scheduled to begin later this month, subject to environmental, heritage and other approvals. The Yandicoogina mine expansion is expected to be commissioned in early 2005. Completion of the port expansion is scheduled for late 2005, with progressive commissioning from early 2005. Studies are progressing into providing additional rail, power and other infrastructure to complement the new port and mine requirements. Studies into further new mine capacity to meet future growth in demand are also advanced. For further information, please contact: LONDON AUSTRALIA Media Relations Media Relations Lisa Cullimore Ian Head Office: +44 (0) 20 7753 2305 Office: +61 (0) 3 9283 3620 Mobile: +44 (0) 7730 418 385 Mobile: +61 (0) 408 360 101 Investor Relations Investor Relations Peter Cunningham Dave Skinner Office: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628 Mobile: +44 (0) 7711 596 570 Mobile: +61 (0) 408 335 309 Richard Brimelow Daphne Morros Office: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639 Mobile: +44 (0) 7753 783 825 Mobile: +61 (0) 408 360 764 Website: www.riotinto.com This information is provided by RNS The company news service from the London Stock Exchange

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Rio Tinto (RIO)
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