Disposal

RIO TINTO PLC 2 September 1999 Rio Tinto Agrees to Sale of Las Cruces Rio Tinto has sold the Las Cruces copper deposit in Andalucia, southern Spain to MK Gold Company. The agreed price is US$42 million cash, plus a 1.5 per cent royalty paid on copper sales revenue when the copper price exceeds 80 cents per pound. Negotiations are also being finalised regarding an exploration farm-in to certain Rio Tinto exploration properties located in the Spanish Pyrite Belt. For further information, please contact: Media Relations Investor Relations Alexis Fernandez Peter Jarvis + 44 207 753 2305 + 44 207 753 2401

Companies

Rio Tinto (RIO)
UK 100

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