Rio Tinto PLC
31 October 2007
Rio Tinto Alcan expands landmark alumina deal
Rio Tinto Alcan today announced it has reached an agreement with Norsk Hydro ASA
to expand its alumina supply to Hydro Aluminium from 500,000 tonnes of alumina
per year to 900,000 tonnes from 2011 to the end of the contract.
Steve Hodgson, president and chief executive officer, Bauxite and Alumina, Rio
Tinto Alcan, said, 'The expansion of our supply contract with Norsk Hydro
underpins our decision to invest in an expansion of the Yarwun alumina refinery.
It is consistent with our strategy to maximise the value of Rio Tinto Alcan's
world class bauxite deposits at Weipa in north Queensland, Australia.'
Under a 20-year contract signed in 2003 with Norsk Hydro, Rio Tinto Alcan is
committed to supplying Hydro Aluminium with 500,000 tonnes of alumina per year
from 2006 until 2030. This contract also gave Norsk Hydro an option to increase
its purchases of alumina.
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, Australia Media Relations, London
Amanda Buckley, Rio Tinto Christina Mills
Office: +61 (0) 3 9283 3627 Office: +44 (0) 20 8080 1306
Mobile: +61 (0) 419 801 349 Mobile: +44 (0) 7825 275 605
Media Relations, Montreal
Diane Collier, Rio Tinto Alcan Bryan Tucker
Office: +61 (0) 7 3867 1665 Tel.: +1 514 848 8151
Mobile: +61 (0) 408 378 749 media.relations@alcan.com
Investor Relations, Australia Investor Relations, London
Dave Skinner Nigel Jones
Office: +61 (0) 3 9283 3628 Office: +44 (0) 20 7753 2401
Mobile: +61 (0) 408 335 309 Mobile: +44 (0) 7917 227365
Investor Relations, North America David Ovington
Jason Combes Office: +44 (0) 20 7753 2326
Office: +1 (0) 801 685 4535 Mobile: +44 (0) 7920 010 978
Mobile: +1 (0) 801 558 2645
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
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