Sarawak Aluminium Company

Transcription

Sarawak Aluminium Company
Sarawak Aluminium
Company
Matt Liddy
Director Business Development Asia
Rio Tinto Alcan
Cautionary statement
Forward-Looking Statements
This presentation 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 presentation, including, without limitation, those
regarding Rio Tinto’s financial position, business strategy, plans and objectives of management for future
operations (including development plans and objectives relating to Rio Tinto’s 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 Tinto’s 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 Tinto’s actual results, performance or achievements to differ materially from
those in the forward-looking statements include, among others, levels of actual production during any period,
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
Tinto's 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 presentation. 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 Tinto’s expectations with regard thereto or any change in events, conditions or circumstances on which
any such statement is based
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Rio Tinto - A world class company
Product Operations
Aluminium
Copper/Gold
Diamonds/Industrial Minerals
Zinc/Lead/Silver/Nickel
Iron Ore
Uranium
Coal
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Rio Tinto finds, mines and processes aluminium,
copper, diamonds, energy products, gold, industrial
minerals and iron ore
Global operations
Revenues of US$33.5 billion in 2007
More than 65,000 employees
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Rio Tinto Alcan is the aluminium product
group of Rio Tinto
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Headquartered in Montreal, Canada
Number of employees: 26,600(1)
2007 earnings of US$2.64 billion
Aluminium
Bauxite & Alumina
Power
Other
= Feasibility & Development
= Operations
Note: Does not include RTA’s
Engineered Products and Packaging
businesses
Bauxite
• 6 bauxite mines and deposits in 4 countries
• 31,960 million tonnes production (2007)
Aluminium
• 24 smelters in 11 countries
• 4,179 million tonnes production (2007)
Alumina
• 10 alumina refineries in 5 countries
• 8,515 million tonnes production (2007)
Power
• 13 power plants
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• 34TWh consolidated power generation (2007)
Aluminium
• Lightweight
• Strong
• Non corrosive
• Recyclable
• Used in aircraft, automobiles,
commercial transportation, beverage
cans, buildings, structures, sports &
recreation, aluminium foil &
packaging, alloy wheel rims, electrical
cables.
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SALCO smelter location
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Facts and figures
• Initial production capacity 720,000 tonnes per year
• Two potlines, powered by 1300 MW
• Potential expansion to 1.5 million tonnes per year
• Investment around $US3 billion
• Energy efficient Aluminium Pechiney smelting technology
• Alumina from Rio Tinto Alcan’s alumina refineries and
hydro power initially from the Bakun Dam
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Economic impacts
• Malaysia currently imports around 182,000 tonnes of primary
aluminium per year.
• Much of this can be displaced with establishment of a domestic
industry.
• Annual GDP contribution ~ RM 2.4 billion
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Sustainable development
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Evaluating the environmental, social and economic aspects of a project
and associated infrastructure
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Training and employment
• SALCO smelter will create approximately 1,500 direct jobs
• Opportunities for graduate, skilled and semi skilled Malaysians
• Approximately 5,700 jobs in associated industries
• SALCO developing pre work training programmes
• MoU with PPKS
• Exploring linkages with other Malaysian institutes of learning
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Tomago smelter – Hunter Valley, NSW
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Community consultation
• Public Detailed Environmental
Impact Assessment
• Terms of Reference available on
www.salco.com.my
• Stakeholder forums
• Public displays
• Community meetings
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Guardians of the environment in which we
operate
• Alumina refining and aluminium
smelting technology has changed
significantly over the last 50 years
• Rio Tinto Alcan has been at the
forefront of development and
implementation of world class technology
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