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Africa ENG 2013 New Singles Incl Cover.Indd Rio Tinto in Africa Rio Tinto is one of the world’s largest diversified mining groups. Rio Tinto is a leading international mining group that focuses on finding, mining and processing the Earth’s mineral resources. Our vision is to be a company that is respected for delivering superior value, and for being the industry’s trusted partner of choice. We have a diverse portfolio and a global presence: our 67,000 people work in more than 40 countries. To maximise returns to shareholders over time, we take a long-term and responsible approach to our activities. This means concentrating on developing Tier 1 orebodies into long-life, low-cost, expandable operations, capable of providing competitive returns throughout business cycles. Sustainable development is integrated into everything we do. Our operations give us the opportunity to bring long-lasting positive change to the communities, regions and countries in which we work. In Africa, innovative programmes have emerged to manage the social, environmental and economic performance of our operations. Our metals and minerals are transformed into end products that contribute to higher living standards. Our responsible approach to mineral development ensures we gain and maintain our licence to operate. It means we provide confidence to our stakeholders, and improve our access to the mineral resources, people and capital we need. Our five product groups – Aluminium, Copper, Diamonds & Minerals, Energy and Iron Ore – are supported by our Exploration and Technology & Innovation groups. Rio Tinto has a strategic, long-term commitment to Africa, and a long- standing presence on the continent. Our operations in Africa are partnerships with host country governments, commercial partners and local ownership to create shared value for all. Mutually beneficial partnerships are central to our development model. The strength and understanding that our partners bring is coupled with Rio Tinto’s proven experience in developing and delivering large-scale mining projects. Together, we create a long-term partnership for growth. www.riotinto.com 02 Africa Rio Tinto Operations and projects Our operations and assets on the African continent include: In addition, exploration is integral to Rio Tinto’s activities. We have had a sustained commitment to exploration since 1946 Operations and consider it to be one of our core competencies. We are • Richards Bay Minerals (RBM), a mineral sands operation and exploring for metals and minerals in a wide range of countries smelter in South Africa (74 per cent owned by Rio Tinto). in Africa. • Rössing Uranium, an open pit uranium mine in Namibia (69 per cent owned by Rio Tinto). • Rio Tinto Coal Mozambique (RTCM), a coking and thermal coal operation in Mozambique (majority-held by Rio Tinto). • Murowa Diamonds in Zimbabwe (78 per cent owned by Rio Tinto). • QIT Madagascar Minerals (QMM), a mineral sands operation in Madagascar (80 per cent owned by Rio Tinto). • An aluminium smelter in Edéa, Cameroon (47 per cent owned by Rio Tinto). • Compagnie des Bauxites de Guinée, a bauxite mine in Guinea (23 per cent owned by Rio Tinto). Projects • Simandou, an iron ore project in Guinea (95 per cent owned by Rio Tinto). • The Kabata alumina refinery project, a greenfield project in Guinea (50 per cent owned by Rio Tinto). • Expansion of the Edéa smelter, and a greenfield aluminium smelter in Cameroon. • The Mutamba ilmenite project in Mozambique, entering the prefeasibility stage. • Exploration projects in the Democratic Republic of Congo. Rio Tinto 03 Africa 04 Africa Rio Tinto Safety Our goal is simple: To achieve Health and safety recognition for zero harm our operations Safety is about people – not numbers. The policies, standards, Rio Tinto Simandou participated in the world health and safety programmes and targets we set are important and have helped day held in April 2013. The Health Safety and Environment to improve our performance in recent years. However, it is only team took this opportunity to raise the health and safety when everyone working in our business has the knowledge, culture of employees and their families during a whole day of skills and desire to work safely that we will achieve zero harm. learning and awareness building. The Simandou team achieved above target HSE performance during the past year. Our vision is to create an injury and illness free workplace, where everyone goes home safe and healthy each day and, Murowa Diamonds in Zimbabwe was recently awarded three above all, we eliminate all workplace fatalities. safety awards by the Occupational Health and Safety branch of the National Social Security Authority (NSSA). The Authority We strive to create a positive safety culture, where everyone is mandated by Government to administer social security is committed to their own safety and the safety of their schemes in Zimbabwe. workmates. To help achieve this, we take an integrated approach, which combines injury reduction, fatality elimination and catastrophic risk management. Integral to the success of our approach are visible, passionate and effective leaders who engage with their teams to build a zero harm culture and are supported by fit for purpose systems. Significant focus is currently on effective investigation of incidents that have the potential to cause fatalities and sharing learnings to ensure they don’t happen again, robust risk assessment processes and the deployment of critical control monitoring plans to drive effective and sustainable risk management at all our operations. Rio Tinto 05 Africa 06 Africa Rio Tinto Rio Tinto Coal Mozambique’s Benga Mine 07 Africa Rio Tinto Rio Tinto Coal Mozambique Mozambique Rio Tinto Coal Mozambique (RTCM) consists RTCM vision continues to be “Together we will establish a safe of the Benga mine and the adjacent Zambeze and globally competitive coal industry which contributes to the prosperity of Mozambique”. project. In October 2013, the mining concession was issued and the mining contract was signed with the Government of Mozambique. It also has Country representative of Rio Tinto in Mozambique and extensive growth options in the region. Managing director of RTCM Andrew Woodley The Benga mine, which is a joint venture between Rio Tinto Find out more: (65%) and Tata Steel Limited (35%), is located in the Tete www.riotinto.com province of Mozambique. The asset is part of the Moatize basin, one of the few coal basins in the world with the potential to deliver substantial volumes of coking coal into the seaborne market. Rio Tinto commissioned the Benga mine in 2012. Since then RTCM has established itself as an exporter of premium-quality hard coking coal, delivering in excess of one million tonnes of hard coking coal to the market. During this time, Rio Tinto has continued to integrate its world-class operating and technical capability into the RTCM operations, including health, safety, environment and community standards. This has been achieved through the use of Rio Tinto’s global expertise and through the building of relationships with employees, communities and external stakeholders in order to create benefits for Rio Tinto and for Mozambique. 08 Africa Rio Tinto Simandou Guinea Simandou is a world-class iron ore mining project operated by Rio Tinto in partnership with the Government of Guinea, the Aluminium Corporation of China (Chalco) and the International Finance Corporation (IFC), a member of the World Bank Group. Iron Ore core samples at Simandou Project 09 Africa Rio Tinto Located in the southeast of Guinea, Simandou is a rich deposit investment in local capacity development, procurement, health, of more than two billion tonnes of high grade iron ore. It can community support, environment and infrastructure. sustain a mine life in excess of 40 years and will make Guinea one of the world’s top iron ore exporters. It will also provide • Our local procurement spend doubled in 2012 reflecting our direct and indirect benefits for the country and all Guineans. increased use of local suppliers. • We have spent over US$50 million on social investment Simandou will be the largest integrated iron ore mine and programmes which aim to combine the needs and expectations infrastructure project ever developed in Africa. The project of the community in which we operate with the Government will comprise three principal components: the Simandou mine development priorities. For example, in collaboration with the – an open pit mine – with an anticipated peak production of Beyla authorities, we have identified projects that will receive ~100 million tonnes per annum (Mt/a), 650km trans-Guinean funding, thus providing residents with facilities such as a railway and a deep water port to be located on the Morebeya refurbished hospital, a youth centre, and a training centre to River south of Conakry. offer education and training opportunities. • We are committed to protecting Guinea’s rich and diverse A project of this nature is challenging and requires a natural environment, particularly Classified Forests and other unique approach to development. Consequently, we have protected areas. Independent Monitoring Group reviews, been developing a partnership structure, consisting of the required by IFC, are also being conducted. Government of Guinea, Chalco, the IFC and Rio Tinto, that • We have completed the Social and Environmental Impact combines world class leadership, sovereign authority and Assessment and have developed and started implementing the global expertise governed by international standards of Resettlement and Compensation programme in the PMOF area. health, safety, sustainability, environmental responsibility and corporate governance. The development opportunities from Simandou have the potential to be much larger than the direct project benefits. Simandou The contribution of the project to the Guinean economy is will underpin a corridor of growth and development in southern expected to be very significant. Estimates suggest the economic Guinea that can unveil huge economic value in non-mining impact of Simandou will more than double Guinea’s GDP. Once primary sectors with a potential to add up to US$3 billion/ year to the project is in steady state operation, annual payments to the the GDP of Guinea.
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