Quarterly Producton Report - Part 1

RIO TINTO PLC 27 October 1999 Part 1 Rio Tinto Quarterly Production Report For the Quarter Ending 30 September 1999 Group production of most principal commodities in the third quarter of 1999 was higher than the comparable quarter in 1998 and the second quarter of 1999. Iron ore production was 7% higher than the second quarter of this year and 12% higher than the same quarter last year. Continued strong demand helped Hamersley Iron in Western Australia increase shipments to 16.5 million tonnes in the third quarter. Coal production during the quarter increased 4% compared with the second quarter of 1999 and was 15% higher than the comparable quarter of 1998. The increase in this quarter was partly due to increasing output from the newly acquired Kestrel Coal in Australia. Copper production remained unchanged in the quarter compared with the second quarter of 1999. Continuing higher mill throughputs at Escondida in Chile, Grasberg in Indonesia and Bingham Canyon in the US helped to offset lower ore grades. Improved smelter performance at Kennecott Utah Copper in the US helped increase refined copper production 19% over the third quarter in 1998. Gold production in the quarter was up 7% on the second quarter of 1999, due to higher attributable production from Kelian in Indonesia, Cortez in the US and most other operations. Gold production for the first nine months of 1999 was 2.2 million ounces. Aluminium production was up 2% compared with the second quarter of 1999 and 9% over the comparable quarter of 1998. This reflects higher production at the smelters and Rio Tinto's increased interest in Comalco. In Industrial Minerals, output of titanium feedstocks was lower reflecting the consequences of the fire in June at the Canadian smelter. The Borax mine at Boron sustained only minor damage from the California earthquake of October 17. Supplies to customers were unaffected. For further information, please contact: Media Relations Investor Relations Alexis Fernandez Peter Jarvis + 44 171 753 2305 + 44 171 753 2401 Website: www.riotinto.com RIO TINTO PRODUCTION SUMMARY RIO TINTO Share of production Quarter 9MTHS % Change 1998 1999 1999 1998 1999 Q399 Q399 9mths99 Q3 Q2 Q3 vs vs vs Q299 Q398 9mths98 Copper - mined ('000 t) 239.2 214.7 213.7 647.0 648.5 0% -11% 0% Copper - Refined('000 t) 83.7 100.4 99.7 231.9 283.9 -1% 19% 22% Gold - Mined('000 ozs) 750 720 767 1,932 2,199 7% 2% 14% Gold - refined ('000 ozs) 73 83 86 220 251 2% 18% 14% Iron ore ('000 t) 12,262 12,932 13,785 39,424 38,251 7% 12% -3% Coal ('000 t) 31,357 34,674 36,118 79,194 103,408 4% 15% 31% Aluminium ('000 t) 129.6 139.3 141.4 378.6 414.0 2% 9% 9% Borates ('000 t) 162 142 140 455 428 -1% -14% -6% Titanium dioxide feedstock ('000 t) 399 354 347 1,147 1,077 -2% -13% -6% Other Metals & Minerals Bauxite ('000 t) 1,755 2,010 2,051 4,630 6,205 2% 17% 34% Diamonds ('000 cts) 7,451 4,337 4,720 18,977 13,300 9% -37% -30% Lead - mined ('000 t) 5.2 5.4 5.4 15.4 16.1 0% 5% 5% Molybdenum ('000 t) 1.3 1.4 1.3 4.4 4.8 -13% -4% 9% Nickel in matte (tonnes) 1,806 1,726 2,620 2,747 6,517 52% 45% 137% Nickel - refined (tonnes) 957 1,036 1,011 2,609 2,973 -2% 6% 14% Salt ('000 t) 809 941 835 2,283 2,490 -11% 3% 9% Silver - mined ('000 ozs) 4,592 3,994 4,099 12,021 11,880 3% -11% -1% Silver - refined ('000 ozs) 742 1,154 1,160 1,892 3,516 1% 56% 86% Talc ('000 t) 298 325 321 905 955 -1% 8% 6% Tin (tonnes) 335 241 448 1,157 908 86% 34% -22% Uranium (tonnes) 600 559 567 1,787 1,713 1% -5% -4% Zinc - mined ('000 t) 19.3 18.9 19.2 51.7 57.4 1% -1% 11% Zinc - refined ('000 t) 21.0 20.6 21.6 61.8 63.7 5% 3% 3% N.B. Throughout this report, figures in italics indicate adjustments made since the figure was previously quoted on the equivalent page. The figures shown for production are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the nine months figures. More to follow MSCKLMZGVNDLLMG

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