Coal & Allied - 4 QPR2007
Rio Tinto PLC
16 January 2008
Date: 16 January 2008
Ref: PR598g
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 Production report for the quarter ended 31 December 2007
CNA 4Q 1Q 2Q 3Q 4Q 12 months 12 months
'000 tonnes (100% basis) interest 2006 2007 2007 2007 2007 2006 2007
Hunter Valley Operations 100%
Thermal coal production 2,264 2,316 2,020 1,883 2,046 10,221 8,264
Semi-soft coking coal production 616 331 381 460 657 1,804 1,830
Bengalla Mine 40%
Thermal coal production 1,433 1,315 1,070 1,394 1,376 5,545 5,155
Mount Thorley Operations (a) 80%
Thermal coal production 857 657 280 261 731 2,902 1,929
Semi-soft coking coal production 124 163 137 393 302 993 995
Warkworth Mine (a) 55.6%
Thermal coal production 1,686 1,343 1,172 1,663 1,197 7,014 5,376
Semi-soft coking coal production 130 51 216 133 0 327 400
Total coal production 7,110 6,177 5,276 6,186 6,310 28,806 23,949
Total sales (b) 6,450 6,671 5,725 6,218 6,908 27,634 25,522
Coal & Allied share
Coal production 5,248 4,605 3,934 4,422 4,746 21,439 17,706
Coal sales ('000 tonnes) 4,769 4,995 4,320 4,531 5,087 20,410 18,933
(a) Production can be sourced from either mining lease and is allocated over
the year based on the tonnage commitment ratio contractually agreed between the
Mount Thorley and Warkworth joint ventures.
(b) Sales relate only to coal mined by the operations and exclude traded
coal.
Production figures are sometimes more precise than the rounded numbers shown,
hence small differences may result between the total of the quarter figures and
the full year figures.
Production
Constraints in the Hunter Valley coal chain continued to limit coal production.
Total coal produced in the fourth quarter was 11 per cent lower than the
corresponding quarter in 2006 and two per cent higher than the third quarter of
2007. There were no material operational issues impacting on Q4 production.
2007 full year total coal production was 17 per cent lower than 2006 due to coal
chain infrastructure constraints and severe weather conditions in June 2007.
Sales
Coal sales in the fourth quarter were in line with allocated port capacity. 2007
total sales were seven percent higher than production as a result of drawing
down of inventories.
Other
There was no exploration activity during the quarter.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK,
combining Rio Tinto plc, a London listed company, and Rio Tinto Limited, which
is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major
products are aluminium, copper, diamonds, energy (coal and uranium), gold,
industrial minerals (borax, titanium dioxide, salt, talc) and iron ore.
Activities span the world but are strongly represented in Australia and North
America with significant businesses in South America, Asia, Europe and southern
Africa.
For further information, please contact:
Media Relations, London Media Relations, Australia
Christina Mills Amanda Buckley
Office: +44 (0) 20 8080 1306 Office: +61 (0) 3 9283 3627
Mobile: +44 (0) 7825 275 605 Mobile: +61 (0) 419 801 349
Nick Cobban Ian Head
Office: +44 (0) 20 8080 1305 Office: +61 (0) 3 9283 3620
Mobile: +44 (0) 7920 041 003 Mobile: +61 (0) 408 360 101
Media Relations, Americas
Nancy Ives
Mobile: +1 619 540 3751
Investor Relations, London Investor Relations, Australia
Nigel Jones Dave Skinner
Office: +44 (0) 20 7781 2049 Office: +61 (0) 3 9283 3628
Mobile: +44 (0) 7917 227365 Mobile: +61 (0) 408 335 309
David Ovington Simon Ellinor
Office: +44 (0) 20 7781 2051 Office: +61 (0) 7 3867 1607
Mobile: +44 (0) 7920 010 978 Mobile: +61 (0) 439 102 811
Investor Relations, North America
Jason Combes
Office: +1 (0) 801 685 4535
Mobile: +1 (0) 801 558 2645
Email: questions@riotinto.com
Website: www.riotinto.com
High resolution photographs available at: www.newscast.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange