Rio Tinto Alcan expands landmark alumina deal



    MONTREAL, Oct. 31 /CNW Telbec/ - 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.

    %B NM %C 1,2 %D Norsk Hydro Alumina Deal




For further information:

For further information: Media Relations, London: Christina Mills,
Office: +44 (0) 20 8080 1306, Mobile: +44 (0) 7825 275 605; Media Relations,
Australia: Amanda Buckley, Office: +61 (0) 3 9283 3627, Mobile: +61 (0) 419
801 349; Media Relations, Montreal: Bryan Tucker, (514) 848-8151,
media.relations@alcan.com; Investor Relations, London: Nigel Jones, Office:
+44 (0) 20 7753 2401, Mobile: +44 (0) 7917 227 365; David Ovington, Office:
+44 (0) 20 7753 2326, Mobile: +44 (0) 7920 010 978; Investor Relations,
Australia: Dave Skinner, Office: +61 (0) 3 9283 3628, Mobile: +61 (0) 408 335
309; Investor Relations, North America: Jason Combes, Office: +1 (0) 801 685
4535, Mobile: +1 (0) 801 558 2645; questions@riotinto.com; www.riotinto.com;
High resolution photographs available at: www.newscast.co.uk

Organization Profile

Rio Tinto PLC

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890