Rio Tinto Regulatory News (RIO)



Regulatory News for Rio Tinto (RIO)


Share Price: 3,042.50Bid: 3,038.50Ask: 3,042.00Change: 63.50 (+2.13%)Riser - Rio Tinto
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Rio Tinto first coal shipment from Mozambique

Mon, 25th Jun 2012 11:26

RNS Number : 0566G
Rio Tinto PLC
25 June 2012
 

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Rio Tinto makes first coal shipment from Mozambique

 

25 June 2012

 

Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes left the Port of Beira today, bound for an Indian steel mill.

 

Rio Tinto Energy chief executive Doug Ritchie said "Today's shipment marks an important point in the phased development of our tier one coking coal resources in Mozambique. It is the first step towards our aim to become a significant supplier of hard coking coal to the seaborne market.  

                                                                         

"The Moatize Basin is one of the most prospective coking coal regions in the world. We continue to evaluate the most effective means of developing our resources to create value for shareholders and bring benefits to the people of Mozambique.  

 

"We are also continuing to work with the Government of Mozambique to secure the development of comprehensive infrastructure for efficient transport of coal from mine to port, which is a priority for the further development of the region."

 

The Benga Mine, located in the Moatize Basin of Tete in the north of Mozambique, is operated by Rio Tinto and is a joint venture between Rio Tinto (65 per cent) and Tata Steel Limited (35 per cent).

 

About Rio Tinto

 

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and New York Stock Exchange 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, thermal and metallurgical coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt) and iron ore. Activities span the world and are strongly represented in Australia and North America with significant businesses in Asia, Europe, Africa and South America.

 

 



For further information, please contact:

Media Relations, EMEA / Americas

Illtud Harri

Office: +44 (0) 20 7781 1152

Mobile: +44 (0) 7920 503 600

Christina Mills

Office:  +44 (0) 20 7781 1154

Mobile: +44 (0) 7825 275 605

Investor Relations, London

Mark Shannon

Office:  +44 (0) 20 7781 1178

Mobile: +44 (0) 7917 576597

David Ovington

Office:  +44 (0) 20 7781 2051

Mobile: +44 (0) 7920 010 978

Media Relations, Australia / Asia

David Luff
Office:  +61 (0) 3 9283 3620
Mobile: +61 (0) 419 850 205

Karen Halbert

Office: +61 (0) 3 9283 3627

Mobile: +61 (0) 412 119 389

Bruce Tobin

Office: +61 (0) 3 9283 3612

Mobile: +61 (0) 419 103 454

Investor Relations, Australia

Dave Skinner

Office:  +61 (0) 3 9283 3628

Mobile: +61 (0) 408 335 309

Christopher Maitland

Office: +61 (0) 3 9283 3063

Mobile: +61 (0) 459 800 131

Media Relations, Canada

Bryan Tucker

Office: +1 (0) 514 848 8151

Mobile: +1 (0) 514 825 8319

Investor Relations, North America

Jason Combes

Office:  +1 (0) 801 204 2919

Mobile: +1 (0) 801 558 2645

 

Website:

www.riotinto.com

Email:

media.enquiries@riotinto.com enquiries.mediaaustralia@riotinto.com

Twitter:

Follow @riotinto on Twitter

 

High resolution photographs and media pack available at: www.riotinto.com/media 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Related Shares: Rio Tinto (RIO).




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