american chamber of commerce - rio tinto group · automated trucks pilbara ‘a pit’ trial...

Rio Tinto Innovation

American Chamber of Commerce August 2013, Melbourne

This document is the copyright property of Rio Tinto Technology & Innovation and contains information that is confidential to companies within the Rio Tinto Group. The document may not be copied, used or circulated without the permission of Rio Tinto Technology & Innovation.

© 2013, Rio Tinto, All Rights Reserved

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.

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Rio Tinto & America, interesting factoids

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What urbanization has looked like Shenzhen 1982 Shenzhen 2007


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Mines don’t get younger


What goes around comes around ….

Demand rises Capital focus

Business investment

Supply catches-up Cost focus

Business productivity

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* BREE 13.01 Discussion Paper March 2013 Table 3.3 Page 20

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Looking for productivity improvements

Improve recovery - current resources Recover from difficult orebodies

Find new orebodies

Remove process waste Improve capital productivity Improve labour productivity

Lower energy intensity – current New processes - step change energy

The orebody

Energy

Process - productivity

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One hypothesis

The industry has resized to meet new levels of demand

• Demand increase has stabilized and will remain robust

• Capacity has been added with limited new/breakthrough technology

Next phase of the cycle requires significant productivity improvement

• Opportunity for technology implementer's

• Opportunity for technology supply market

• Opportunity for wealth creation

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What has been keeping us busy?

Mine of the Future ™

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2007 Trials starts on the Operations Centre

Automated truck project starts in Western Australia

2008 Automated train trial

2009/10 Automated trucks Pilbara ‘A Pit’ trial

2010 Drillers Aid trial

2012 Cab-less Drill

2011 Komatsu MOU for 150

autonomous trucks deployment

2010/11 Automated drills trial

2010 Operations Centre

commissioned

2012 Announcement of autonomous train

deployment in 2014

2008 Atlas Copco Alliance

2012 Advanced Survey

Busy in Western Australia

2012 Automated truck

deployment

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Busy with autonomous production


Busy with next-generation OC

• Industry first, pilot concept 2006 purpose built facility 2010 • OC Gen#2, greater productivity, higher efficiency

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Introducing our Excellence Centre …

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Busy building Win-Win alliances

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Technology & productivity win-win-win?

• Productivity lies at the core of the mining industry

• Whoever exploits this opportunity wins

• This is a significant opportunity for all stakeholders

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Nation

Miner Supplier


People are, and will remain, the “glue”

Operations Centre

AHS Fleets Autonomous Drills

MAS Architecture

Remote Ship Load

Drillers Aid

Copper NuWave™ Underground Dvt.

Rio Tinto Innovation

Thank you

This document is the copyright property of Rio Tinto Technology & Innovation and contains information that is confidential to companies within the Rio Tinto Group. The document may not be copied, used or circulated without the permission of Rio Tinto Technology & Innovation.

american chamber of commerce - rio tinto group · automated trucks pilbara ‘a pit’ trial...

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