Rio Tinto Iron & Titanium in this presentation should be interpreted to mean that future earnings per share of Rio Tinto plc or Rio Tinto Limit ed will necessarily match or exceed

Rio Tinto Iron & Titanium Long-lasting commitment

April 2013

Cautionary statement

This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited (“Rio Tinto”) and consisting of the slides for a presentation concerning Rio Tinto. By reviewing/attending this presentation you agree to be bound by the following conditions.

Forward-looking statements This presentation includes forward-looking statements. 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.

Nothing in this presentation 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.

Slide 2 ©2013 Rio Tinto, All Rights Reserved

• Safety

• Long-life assets

• Productivity & products

• Facing the changing markets

• Our agility

Slide 3

Overview

©2013 Rio Tinto, All Rights Reserved

Safety is our most important priority

RTIT Injury frequency rates – January 2001 to March 2013


0.0

0.5

1.0

1.5

2.0

2.5

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4.5

Jan

01

Jan

02

Jan

03

Jan

04

Jan

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Jan

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Jan

07

Jan

08

Jan

09

Jan

10

Jan

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Jan

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Jan

1312 M

onth

ly R

ollin

g AI

FR p

er 2

00,0

00 H

ours

Wor

ked

Rio Tinto 12 month rolling AIFR RTIT 12 month rolling AIFR

Committed to serving the TiO2 industry


1950 - RTFT Canada

1976 - RBM South Africa

2009 - QMM Madagascar

Technology Centre

Maximizing the long-life potential of our mines

©2013 Rio Tinto, All Rights Reserved Slide 6

Decades of mining under our belt with sufficient reserves to sustain production for decades to come RTFT (+35 year LOM) • C$800m planned investment over 5 years to extend mine

life and improve efficiency. Two major projects are on-going: • Lowering sulphur dioxide (SO2) emissions and

improving dust collection

RBM (20 year LOM) • The PFS to develop Zulti South to sustain production is

expected to continue QMM (+20 year LOM) • Dry mining plant and dredge improvements • Resource development work on the Sainte-Luce ore body

to continue


Improving productivity at our smelting operations

Realizing the full potential of our assets in producing a variety of consistent quality high grade feedstocks • Proprietary smelting technology

1. Long furnace life 2. Large scale furnaces 3. Continuous charging

• Maximize the combination of our expertise and technology to suit customer needs by: 1. producing a wide range of products 2. adapting to market conditions

• Leverage 60 years of experience to deliver

strong operational performance with significant cost reductions to reinforce our resilience

Slide 8

Product development Delivering value from higher grades Decades of knowledge & product development

Historical Sorelslag®

Sorelslag®

RBM chloride slag RTCSTM

UGS®

70% TiO2

72% TiO2

78% TiO2

80% TiO2

85% TiO2

90% TiO2

95% TiO2


Slide 9

Life cycle analysis of TiO2 value chain

Built cradle-to-gate life cycle analysis (LCA) models

Environmental impacts include: 1. Global warming potential 2. Primary energy demand 3. Solid waste generation

Work audited and approved by PE International

Lowest incidence position: High grade feedstocks


Source: RTIT

Overall environmental impact of pigment production

Co-products provide a significant value proposition

Source: Rio Tinto

Co-products • Leveraging technology to

create valuable products instead of waste

• Provides greater flexibility to respond to changing market environment

• Diverse knowledge under the umbrella of common values

Slide 10

Iron & Titanium revenue by product line US$ billions, 100% basis

Co-product revenue TiO2 feedstock revenue

0

0.5

1

1.5

2

2.5

3

2007 2008 2009 2010 2011 2012


Long run demand fundamentals are strong for TiO2

• Global demand underpinned by growth of intensity of use in large developing markets

• Chinese middle class growing to 70%

by 2020 • Strong consumption growth trends

evident in other emerging economies • Demand growth strongest in building

and construction, consumer durables and packaging

• Some positive short term signals • Housing sales in the US • Chinese TiO2 pigment production

increased by 7.7% in 2012 y-o-y

Slide 11

Pigment consumption per capita 1995-2011 Pigment production accounts for 90% of TiO2 use


Source: Rio Tinto, TZ Minerals International; Note: 1Average is over 2001-2011 period

Approximate population in 2020 shown

Evolution of Chinese TiO2 sector remains pivotal

0

1000

2000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

LG Sulphate HG Sulphate HG Chloride

0

1000

2000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Sulphate Chloride

Source: Rio Tinto, TZ Minerals International

• Large growth in sulphate pigment production and feedstock imports

• Chloride pigment capacity under construction

• Chinese pigment playing a greater role in export markets

• Today’s crossroads:

• Chinese pigment industry growth and technology selection

• Feedstock selection

• Rio Tinto well positioned to supply both sulphate and chloride segments

Slide 12

-300

-100

100

300

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

China: TiO2 feedstock imports (2002 to 2012), kt

China: TiO2 pigment production (2002 to 2012), kt

China: TiO2 pigment net exports (2002 to 2012), kt


Agility demonstrated through recent actions

On-going actions

Ability to rebalance our portfolio according to demand trends in different market segments

Slide 13

Short-term actions Well-positioned to rapidly adapt:

• 2 furnace rebuilds • UGS • TIO4


Partner of choice

Security of supply • Mining industry leader • Combining large resources and

operations with back-up options • Master TiO2 smelting technology

Reliability, consistent product quality Wide product range Technical support at customer sites Sustainable development policy


In brief

• Safety must remain our top priority

• Maximizing our long-life assets

• Belief in medium and long term demand dynamics

• Improving productivity, reducing costs and strengthening resilience

• Delivering value from high grades

• Third party positioning: strong advantage in the value chain



Thank you!

Documents

Rio Tinto Iron & Titanium in this presentation should be interpreted to mean that future earnings per share of Rio Tinto plc or Rio Tinto Limit ed will necessarily match or exceed