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2006 Annual review
 
Rio Tinto is a leading international mining group headquartered inthe UK, combining Rio Tinto plc, a London listed public company, andRio Tinto Limited, which is listed on the Australian Securities Exchange.Rio Tinto’s business is finding, mining and processing mineralresources. Major products are aluminium, copper, diamonds,energy (coal and uranium), gold, industrial minerals (borax, titaniumdioxide, salt, talc), and iron ore. Activities span the world but arestrongly represented in Australia and North America with significantbusinesses in South America, Asia, Europe and southern Africa. The Group’s objective is to maximise the overall long term return toshareholders through a strategy of investing in large, costcompetitive mines, driven by the quality of each opportunity, not thechoice of commodity. Wherever Rio Tinto operates, the health and safety of its employeesis the first priority. The Group seeks to contribute to sustainabledevelopment. It works as closely as possible with host countriesand communities, respecting their laws and customs and ensuringa fair share of benefits and opportunities.
Rio Tinto
 
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Iron Ore
Operating assets
US$6,662 million
Sales revenue
US$6,938 million
Underlying earnings
US$2,279 million The Iron Ore group’s interests compriseHamersley Iron and Robe Riveroperations in Australia, Iron OreCompany of Canada, the Corumbámine in Brazil and the Simandou,Guinea, and Orissa, India, projects. The group includes the HIsmelt
®
 direct iron making plant in Australia.
Energy
Operating assets
US$2,763 million
Sales revenue
US$4,240 million
Underlying earnings
US$711 million The Energy group is represented in coalby Rio Tinto Coal Australia and Coal & Allied in Australia and by Rio TintoEnergy America operations in the US.It also includes uranium interests inEnergy Resources of Australia and theRössing Uranium mine in Namibia.
Industrial Minerals
Operating assets
US$2,682 million
Sales revenue
US$2,623 million
Underlying earnings
US$243 millionRio Tinto’s Industrial Minerals businessescomprise Rio Tinto Minerals, made upof Rio Tinto Borax and Luzenac Talcoperations in the US, South America,Europe and Australia, and Dampier Saltin Australia, as well as Rio Tinto Iron& Titanium interests in North America,South Africa and Madagascar.
 Aluminium
Operating assets
US$3,607 million
Sales revenue
US$3,493 million
Underlying earnings
US$746 millionRio Tinto’s Aluminium productgroup is the wholly owned,integrated aluminium subsidiary,Rio Tinto Aluminium, which ownsand manages operations located in Australia, New Zealand and the UK.
Copper
Operating assets
US$3,384 million
Sales revenue
US$7,079 million
Underlying earnings
US$3,562 million The Copper group comprises KennecottUtah Copper and Kennecott Mineralsin the US, and interests in the coppermines of Escondida in Chile, Grasbergin Indonesia, Northparkes in Australia,Palabora in South Africa, the ResolutionCopper and Pebble projects in theUS and the Oyu Tolgoi and La Granjaprojects in Mongolia and Peru respectively.
Diamonds
Operating assets
US$1,056 million
Sales revenue
US$838 million
Underlying earnings
US$205 million The Diamond group comprisesRio Tinto’s interests in the Diavikmine in Canada, the Argyle minein Australia, and the Murowa minein Zimbabwe, served by diamondsales offices in Belgium and India.
Copper and gold
Operating sites
Bougainville (not operating) (54%)Cortez/Pipeline (40%)Escondida (30%)Grasberg joint venture (40%)Kennecott Utah CopperNorthparkes (80%)Palabora (58%)Rawhide (51%)
Projects
La GranjaOyu Tolgoi (10%)Pebble (20%)Resolution (55%)
Nickel
Projects
Eagle
Zinc, lead, silver
Operating sites
Greens Creek (70%)
Diamonds
Operating sites
 ArgyleDiavik (60%)Murowa (78%)
Iron ore and iron
Operating sites
CorumbáHamersley Iron mines:BrockmanMarandooMt Tom PriceNammuldiParaburdoo YandicooginaChannar (60%)Eastern Range (54%)HIsmelt
®
(60%)Robe River mines: (53%)West AngelasPannawonicaIron Ore Company of Canada (59%)
Projects
Hope Downs (50%)IOC Pellet Plant (59%)Orissa (51%)Simandou (95%)Mines and mining projectsSmelters, refineries andprocessing plants remotefrom mine
Coal
Operating sites
 AntelopeBengalla (30%)Blair Athol (71%)Colowyo (20%)Cordero RojoDecker (50%)Hail Creek (82%)Hunter Valley Operations (76%)Jacobs RanchKestrel (80%)Mt Thorley Operations (61%)Spring Creek TarongWarkworth (42%)
Projects
Clermont (50%)Mt Pleasant (76%)
Uranium
Operating sites
ERA (68%)Rössing (69%)
Projects
KintyreSweetwater
Borates
Operating sites
BoronCoudekerque Plant TincalayuWilmington Plant
Potash
Projects
Rio Colorado Potash
Salt
Operating sites
Dampier (65%)Lake MacLeod (65%)Port Hedland (65%)
 Aluminium
Operating sites
 Anglesey Aluminium (51%)Bell BayBoyne Island (59%)Gladstone Power Station (42%)Queensland Alumina Limited (39%) Tiwai Point (79%)Weipa Yarwun (formerly Comalco Alumina Refinery)
Talc
Operating sites
(only major sites are shown)Ludlow Talc de Luzenac Yellowstone Three Springs
Titanium dioxide feedstock 
Operating sites
QIT-Fer et Titane Lac AllardQIT-Fer et Titane Sorel PlantRichards Bay Minerals (50%)
Projects
QIT Madagascar Minerals (80%)
Location of Group operations 
at February 2007 (wholly owned unless otherwise shown)
 
11242414342444546475051111423333451011121310121510161514171518192021222324252627282933344849343656383930313252536789353734545540
Iron Ore
Operating assets
US$6,662 million
Sales revenue
US$6,938 million
Underlying earnings
US$2,279 million The Iron Ore group’s interests compriseHamersley Iron and Robe Riveroperations in Australia, Iron OreCompany of Canada, the Corumbámine in Brazil and the Simandou,Guinea, and Orissa, India, projects. The group includes the HIsmelt
®
 direct iron making plant in Australia.
Energy
Operating assets
US$2,763 million
Sales revenue
US$4,240 million
Underlying earnings
US$711 million The Energy group is represented in coalby Rio Tinto Coal Australia and Coal & Allied in Australia and by Rio TintoEnergy America operations in the US.It also includes uranium interests inEnergy Resources of Australia and theRössing Uranium mine in Namibia.
Industrial Minerals
Operating assets
US$2,682 million
Sales revenue
US$2,623 million
Underlying earnings
US$243 millionRio Tinto’s Industrial Minerals businessescomprise Rio Tinto Minerals, made upof Rio Tinto Borax and Luzenac Talcoperations in the US, South America,Europe and Australia, and Dampier Saltin Australia, as well as Rio Tinto Iron& Titanium interests in North America,South Africa and Madagascar.
 Aluminium
Operating assets
US$3,607 million
Sales revenue
US$3,493 million
Underlying earnings
US$746 millionRio Tinto’s Aluminium productgroup is the wholly owned,integrated aluminium subsidiary,Rio Tinto Aluminium, which ownsand manages operations located in Australia, New Zealand and the UK.
Copper
Operating assets
US$3,384 million
Sales revenue
US$7,079 million
Underlying earnings
US$3,562 million The Copper group comprises KennecottUtah Copper and Kennecott Mineralsin the US, and interests in the coppermines of Escondida in Chile, Grasbergin Indonesia, Northparkes in Australia,Palabora in South Africa, the ResolutionCopper and Pebble projects in theUS and the Oyu Tolgoi and La Granjaprojects in Mongolia and Peru respectively.
Diamonds
Operating assets
US$1,056 million
Sales revenue
US$838 million
Underlying earnings
US$205 million The Diamond group comprisesRio Tinto’s interests in the Diavikmine in Canada, the Argyle minein Australia, and the Murowa minein Zimbabwe, served by diamondsales offices in Belgium and India.
Copper and gold
Operating sites
Bougainville (not operating) (54%)Cortez/Pipeline (40%)Escondida (30%)Grasberg joint venture (40%)Kennecott Utah CopperNorthparkes (80%)Palabora (58%)Rawhide (51%)
Projects
La GranjaOyu Tolgoi (10%)Pebble (20%)Resolution (55%)
Nickel
Projects
Eagle
Zinc, lead, silver
Operating sites
Greens Creek (70%)
Diamonds
Operating sites
 ArgyleDiavik (60%)Murowa (78%)
Iron ore and iron
Operating sites
CorumbáHamersley Iron mines:BrockmanMarandooMt Tom PriceNammuldiParaburdoo YandicooginaChannar (60%)Eastern Range (54%)HIsmelt
®
(60%)Robe River mines: (53%)West AngelasPannawonicaIron Ore Company of Canada (59%)
Projects
Hope Downs (50%)IOC Pellet Plant (59%)Orissa (51%)Simandou (95%)Mines and mining projectsSmelters, refineries andprocessing plants remotefrom mine
Coal
Operating sites
 AntelopeBengalla (30%)Blair Athol (71%)Colowyo (20%)Cordero RojoDecker (50%)Hail Creek (82%)Hunter Valley Operations (76%)Jacobs RanchKestrel (80%)Mt Thorley Operations (61%)Spring Creek TarongWarkworth (42%)
Projects
Clermont (50%)Mt Pleasant (76%)
Uranium
Operating sites
ERA (68%)Rössing (69%)
Projects
KintyreSweetwater
Borates
Operating sites
BoronCoudekerque Plant TincalayuWilmington Plant
Potash
Projects
Rio Colorado Potash
Salt
Operating sites
Dampier (65%)Lake MacLeod (65%)Port Hedland (65%)
 Aluminium
Operating sites
 Anglesey Aluminium (51%)Bell BayBoyne Island (59%)Gladstone Power Station (42%)Queensland Alumina Limited (39%) Tiwai Point (79%)Weipa Yarwun (formerly Comalco Alumina Refinery)
Talc
Operating sites
(only major sites are shown)Ludlow Talc de Luzenac Yellowstone Three Springs
Titanium dioxide feedstock 
Operating sites
QIT-Fer et Titane Lac AllardQIT-Fer et Titane Sorel PlantRichards Bay Minerals (50%)
Projects
QIT Madagascar Minerals (80%)
Location of Group operations 
at February 2007 (wholly owned unless otherwise shown)
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