Exhibit 99.3
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5 Aldermanbury Square
London EC2V 7HR
United Kingdom
T +44 (0) 20 7781 2000
F +44 (0) 20 7781 1800 |
Press release
Rio Tinto chief executive unveils vision for mine of the future
18 January 2008
Key building blocks for automated mine-to-port iron ore operations are
being commissioned by Rio Tinto. These include:
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Mine operations in the Pilbara to be controlled 1,300 kilometres away at a new
centre in Perth; |
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Driverless trains to carry iron ore on most of the 1,200 km of track; |
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Driverless intelligent truck fleet; and |
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Remote control intelligent drills |
Tom Albanese, Rio Tinto chief executive, unveiled his vision of the mine of the
future in Perth today as part of Rio Tintos drive to maintain its position as
Australias leading iron ore producer. The Group aims to be the leader in integrated
and automated mining and transport in the Pilbara iron ore region, leading to
greater efficiency, lower production costs and more attractive working conditions
that will help Rio Tinto to recruit and retain staff in the highly competitive
labour market.
Major components of the mine of the future are being commissioned in Rio Tinto
Iron Ore operations in 2008 and 2009 including establishing a Remote Operations
Centre (ROC) in Perth to manage operations in the Pilbara mines hundreds of
kilometres away. This allows operators overseeing Rio Tinto Iron Ore mines and
process plant facilities to be physically located in Perth, Western Australia.
Remote control intelligent trains, drills and trucks will be operational within Rio
Tinto Iron Ore during 2008. Humans will no longer need to be hands on as all this
equipment will be autonomous able to make decisions on what to do based on their
environment and interaction with other machines. Operators will oversee the equipment
from the ROC.
Tom Albanese said, Rio Tinto is changing the face of mining. We have at least a
three year start on the rest of the industry, which has focused on discrete
technologies rather than modernising the whole mine-to-port operation. Were aiming
to be the global leaders in fully integrated, automated operations. It will allow for
more efficient operations and directly confront the escalating costs associated with
basing employees at remote sites, giving us a competitive advantage as an employer
along the way.
Remote Operations Centre
A Remote Operations Centre (ROC) will be built for Rio Tinto near Perths domestic
airport. When completed in 2009, the ROC will house at least 320 employees who will
work with Pilbara-based colleagues to oversee, operate and optimise the use of key
assets and processes, including all mines, processing plants, the rail network,
ports and power plants. Operational planning and scheduling functions will also be
based in the ROC.
Cont.../
Registered in Australia Rio Tinto Limited 120 Collins Street Melbourne 3000 Australia ABN 96 004 458 404
ROC-based management would oversee pit and plant control, as well as manage the
most effective use of power distribution and support activity such as maintenance
planning. Remote operation of RTIO mines and plant in the Pilbara has already
been successfully trialled.
The centre will feature an operational control room, office block and
supporting infrastructure, and allow for potential significant expansions
beyond its initial scale.
Driverless trains
Studies are being finalised on the application of Autonomous Train Operations
technology in a heavy haul capacity and are expected to lead to significant
efficiency benefits. Mainline trials conducted with the Western Australia Office of
Rail Safety have progressed well and a decision on the next stage of the project is
expected in mid-2008. Automated rail management is the first major operation
scheduled to be run from the Remote Operations Centre.
Intelligent driverless trucks
Rio Tinto will introduce into the Pilbara the industry-leading Komatsu Autonomous
Haulage System, which will allow for a fleet of 320 tonne off-highway trucks to be
operated without drivers. The system will be commissioned before the end of 2008 and
is expected to be more widely deployed in new and existing Rio Tinto Iron Ore
operations by 2010.
Remote control intelligent drills
Rio Tinto is already using bespoke autonomous drill technology in the Pilbara to
support the mine of the future strategy.
A pathway to fully automated mine-to-port operations
Rio Tinto began work on defining building blocks for the mine of the future
over a decade ago and key components required for an integrated mine-to-port
operating system are being assembled and tested by Rio Tinto Iron Ore.
A number of key technologies have been introduced on a staged basis, beginning in
2006 with the development of autonomous drilling rigs for the Pilbara. In early 2007,
Rio Tinto established and funded on a long term basis the Rio Tinto Centre for Mine
Automation in partnership with The University of Sydney. Under this partnership Rio
Tinto has secured exclusive access to world renowned robotics experts dedicated to
addressing Rio Tintos mine of the future opportunities.
This year Rio Tinto Iron Ore will start running extensive trials at dedicated mine
test site. Trials will combine the world leading Komatsu Autonomous Driverless
Haulage System with a range of other advanced remote control and autonomous
technologies in order to provide an industrial scale proving ground and template.
Experience gained by the business will allow for further deployments in the Pilbara
in 2010 and will also have application at other Rio Tinto mining operations.
The mine of the future programme will provide opportunities for technology
driven performance improvements to support Rio Tinto Iron Ores announced plans
to take annual global iron ore production beyond 600 million tonnes.
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 Tintos 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.
Forward-Looking Statements
This announcement includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than statements of
historical facts included in this announcement, including, without limitation, those
regarding Rio Tintos financial position, business strategy, plans and objectives of
management for future operations (including development plans and objectives
relating to Rio Tintos products, production forecasts and reserve and resource
positions), are forward-looking statements. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Rio Tinto, or industry results, to be
materially different from any future results, performance or achievements expressed
or implied by such forward-looking statements.
Such forward-looking statements are based on numerous assumptions regarding Rio
Tintos present and future business strategies and the environment in which Rio Tinto
will operate in the future. Among the important factors that could cause Rio Tintos
actual results, performance or achievements to differ materially from those in the
forward-looking statements include, among others, levels of demand and market prices,
the ability to produce and transport products profitably, the impact of foreign
currency exchange rates on market prices and operating costs, operational problems,
political uncertainty and economic conditions in relevant areas of the world, the
actions of competitors, activities by governmental authorities such as changes in
taxation or regulation and such other risk factors identified in Rio Tintos most
recent Annual Report on Form 20-F filed with the United States Securities and
Exchange Commission (the SEC) or Form 6-Ks furnished to the SEC. Forward-looking
statements should, therefore, be construed in light of such risk factors and undue
reliance should not be placed on forward-looking statements. These forward-looking
statements speak only as of the date of this announcement. Rio Tinto expressly
disclaims any obligation or undertaking (except as required by applicable law, the
City Code on Takeovers and Mergers (the Takeover Code), the UK Listing Rules, the
Disclosure and Transparency Rules of the Financial Services Authority and the Listing
Rules of the Australian Securities Exchange) to release publicly any updates or
revisions to any forward-looking statement contained herein to reflect any change in
Rio Tintos expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based.
Nothing in this announcement should be interpreted to mean that future earnings per
share of Rio Tinto plc or Rio Tinto Limited will necessarily match or exceed its
historical published earnings per share.
Subject to the requirements of the Takeover Code, none of Rio Tinto, any of its
officers or any person named in this announcement with their consent or any person
involved in the preparation of this announcement makes any representation or warranty
(either express or implied) or gives any assurance that the implied values,
anticipated results, performance or achievements expressed or implied in
forward-looking statements contained in this announcement will be achieved.
For further information, please contact:
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Media Relations, Australia
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Media Relations, London |
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Amanda Buckley
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Christina Mills |
Office: +61 (0) 3 9283 3627
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Office: +44 (0) 20 8080 1306 |
Mobile: +61 (0) 419 801 349
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Mobile: +44 (0) 7825 275 605 |
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Ian Head
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Nick Cobban |
Office: +61 (0) 3 9283 3620
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Office: +44 (0) 20 8080 1305 |
Mobile: +61 (0) 408 360 101
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Mobile: +44 (0) 7920 041 003 |
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Media Relations, Americas |
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Nancy Ives |
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Mobile: +1 619 540 3751 |
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Investor Relations, Australia
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Investor Relations, London |
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Dave Skinner
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Nigel Jones |
Office: +61 (0) 3 9283 3628
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Office: +44 (0) 20 7781 2049 |
Mobile: +61 (0) 408 335 309
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Mobile: +44 (0) 7917 227365 |
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Simon Ellinor
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David Ovington |
Office: +61 (0) 7 3867 1607
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Office: +44 (0) 20 7781 2051 |
Mobile: +61 (0) 439 102 811
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Mobile: +44 (0) 7920 010 978 |
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Investor Relations, North America |
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Jason Combes |
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Office: +1 (0) 801 685 4535 |
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Mobile: +1 (0) 801 558 2645 |
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Email: questions@riotinto.com |
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Website: www.riotinto.com
High resolution photographs available at: www.newscast.co.uk