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Rio Tinto Financial Summary

Rio Tinto is a leading international business that specializes in all stages of mineral and metal production. The Rio Tinto Group is made up of Rio Tinto PLC, headquartered in London, and Rio Tinto Limited, which is headquartered in Melbourne. From mining to manufacturing to research, Rio Tinto employs 106,000 people in over 50 countries.

In 2008, Rio Tinto set annual production records for iron ore, bauxite, and alumina. They also had a record net capital expenditure of US$8.5 billion, which increased 71 per cent over 2007. Rio Tinto achieved a significant growth in its business from 2007 to 2008, as detailed in the following performance summary:

Performance Summary 2008

EBITDA*

23,870 (US$m) – 75% higher than 2007

Performance Summary 2007

EBITDA*

13,611 (US$m)

* – Earnings Before Interest, Taxes, Depreciation and Amortisation.