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 2 Rio Tinto - A world class company Product Operations Aluminium Copper/Gold Diamonds/Industrial Minerals Zinc/Lead/Silver/Nickel Iron Ore Uranium Coal • • • • 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 3 Rio Tinto Alcan is the aluminium product group of Rio Tinto • • • 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 4 • 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. 5 SALCO smelter location 6 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 7 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 8 Sustainable development • Evaluating the environmental, social and economic aspects of a project and associated infrastructure 9 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 10 11 Tomago smelter – Hunter Valley, NSW 12 Community consultation • Public Detailed Environmental Impact Assessment • Terms of Reference available on www.salco.com.my • Stakeholder forums • Public displays • Community meetings 13 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 14