Rio Tinto is a major mining company with global copper operations and projects. It has a portfolio of world-class operating assets that provide an industry-leading cost base, including its interests in the Escondida and Grasberg mines. It also has several prospective undeveloped resources, such as the Resolution and La Granja projects. Additionally, Rio Tinto is playing a key role in developing the large Oyu Tolgoi project in Mongolia, which is expected to become one of the world's top five copper producers. The project aims to bring long-term investment and sustainable development to Mongolia through job creation, training programs, and economic growth.

1. Rio Tinto Copper: Global opportunities
in the mining sector
Peter Nicholls
General Manager Commercial
Rio Tinto, Copper

2. 2
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.

3. Global footprint in copper operations and projects
Rio Tinto Copper
operations and projects
Note: Shaded areas denote countries where Rio Tinto has a presence through operations, offices or exploration.
Source: Rio Tinto
3
Other Rio Tinto assets
Pebble
Kennecott
Resolution
Eagle
La Granja
Escondida Palabora Northparkes
Grasberg
Sulawesi
OyuTolgoi
3

4. 4
Escondida (30%)
World’s largest copper
mine
Second quartile net
unit cash costs
2
1
Rio Tinto’s wholly owned and joint venture world class
operating assets provide an industry-leading cost base
Grasberg (40%)
World’s third largest
copper mine*
First quartile net unit
cash costs
1
3
Notes: *Grasberg is the world’s largest gold producer; ** Brook Hunt’s quoted C1 cash costs (C1 costs = cash costs net of by products)
Source: Company reports - Rio Tinto, Minera Escondida Limited, BHP Billiton, Freeport Indonesia, Brook Hunt – A Wood Mackenzie Company
Bingham Canyon (100%)
World’s eleventh
largest copper mine
First quartile net unit
cash costs
1
11
Codelco Freeport BHP Billiton Xstrata Rio Tinto
95
66
100
37
30C1 costs 2010 (c/lb)**

5. 5
Attractive longer term growth profile
Resolution (55%)
• High grade copper deposit
containing molybdenum
• Potential production of 600kt
per annum
• Prefeasibility and negotiations
for land exchange are ongoing
World’s third largest
undeveloped copper
resource
3
La Granja (100%)
• Drilling continues to determine
the full extent of the deposit
• Prefeasibility ongoing
• Targeting/discovery of a high
grade zone
World’s seventh
largest undeveloped
copper resource
7
Source: Rio Tinto
Rio Tinto has a 19.8% equity holding in Northern Dynasty, which owns 50% share in the Pebble joint venture
Pebble (10%)
• World’s largest gold resource in
a porphyry deposit
• Also contains
molybdenum, silver, palladium
and rhenium
World’s largest
undeveloped copper
resource
1

6. Oyu Tolgoi - significant additional low cost production and
further growth potential
Notes: 1. Ranked using 2013 Brook Hunt mine production data and Oyu Tolgoi’s full capacity production.
Source: Brook Hunt a Wood Mackenzie Company, Rio Tinto, Oyu Tolgoi LLC
6
• Oyu Tolgoi will be a top five copper
producer and major gold producer
• Average annual production of 450 kt of
copper and 330 koz of gold.
Large
Long life
Low cost
• 2,546mt resource & 1,392mt reserve.
• Potential for a > 50 year mine life.
• Highly prospective region with further
exploration potential.
• Significant by-product credits from gold.
• Expected to have first quartile net unit
cash costs.
6

7. Oyu Tolgoi is a Tier one asset
77
Note: 1. Copper assets include those in Pre-Production or Feasibility and the ten largest assets with Active Reserves Development as defined by MEG.
2. Deposit data for La Granja, Resolution and Oyu Tolgoi is from the JORC compliant ore reserves and resources statement outlined in the 2009 Annual
Report, pp. 68-77. Pebble deposit data is 43-101 compliant, derived from the “Updates Mineral Resource Estimate…” news release dated 01/02/2010.
Source: Metals Economics Group, Rio Tinto, Northern Dynasty
Bubble size denotes size of asset
(contained Cu)
Resolution
La Granja
Oyu Tolgoi
Pebble
Comparison of undeveloped copper assets 1
Grade
(%Cu)
Reserves & resources (Mt)
Rio Tinto interests
7

8. Oyu Tolgoi Project Current Status:
Investment & Ownership
Rio Tinto has invested over US$2 billion in the Oyu Tolgoi project over the
past 4 years
Rio Tinto
46.5%
Other
Shareholders
Ivanhoe Mines
66%
Government of
Mongolia 34%
Oyu Tolgoi LLC
• In December 2010, Rio Tinto and Ivanhoe
Mines announced a number of key agreements.
• These agreements:
• Provide Rio Tinto with a clear pathway to
49% ownership in Ivanhoe Mines
• Secure additional funding for the project;
and
• Enabled Rio Tinto to assume management
control
• By owning 46.5% of Ivanhoe, Rio Tinto has a
31% indirect ownership of OT
8

9. Transition to Rio Tinto Management
Intellectual Property
Global Experience
Oyu Tolgoi project has access to the full
functional and technical expertise of Rio
Tinto
Oyu Tolgoi project utilizes the suite of Rio
Tinto’s intellectual property relevant to the
project
Oyu Tolgoi project benefits from the
combined practical experience acquired
from operating in over 40 countries
worldwide
Functional and Technical Expertise
9

10. • Long term investment
• Sustainable development
Terms of Investment
• Stable tax environment
• Tax and royalty revenue
Taxation
• Flexible energy options
• Provision for roads
Infrastructure
• 90% Mongolian employees
• 5 year training & strategy plan
• Scholarships for local students
Employment & Training
• Mongolia First Initiative
• Transparent community plans
Regional development
• Detailed environmental impact
assessments and protection
plan
Environment
Oyu Tolgoi Investment Agreement
10
Source: Oyu Tolgoi LLC

11. Capital expenditure
Education & Training
Employment
• US$2b invested over the past 4 years
• Estimated investment of over US$5b for the completion of the first
phase of the project through 2013
• Infrastructure plans include an airport, paved road to Gashuun
Sukhait, and 220kv power line
• 12 major construction projects, 100% managed by Mongolian
contractors
• US$10m annual budget for local community relations programs/projects
• Work towards ISO 14001 certification – environmental standard
• US$85m committed to education and training
• 150 scholarships to be awarded
• US$1m micro loan scheme to support South Gobi micro businesses
• Engaged around 3,000 suppliers
• Over 100 local suppliers from Khanbogd and DZ, valued at US$1.5m
A catalyst for Economic and Social development
A partner of choice: The Oyu Tolgoi Investment
Agreement
11
Source: Oyu Tolgoi LLC

12. Oyu Tolgoi will increase the Mongolian economy by
over 35% by 2020
Mongolian real gross domestic product
MNT trillions and annual growth
• By 2020 Oyu Tolgoi project’s
impact will increase GDP by
around a third.
• Oyu Tolgoi will lift GDP per
person by MNT1.7 million
(over $1000) in 2020 – an
increase equivalent to over
60% of today's GDP per
person.
• GDP growth peaks at 22% in
2016.
• The average growth rate
from 2013-2020 is projected
to be 12.7% compared to
7.7% without Oyu Tolgoi.
0
5
10
15
20
25
30
0%
4%
8%
12%
16%
20%
24%
2010 2015 2020 2025
Real GDP in OT
scenario
% annual
growth
MNT
trillions
(2010)
Real GDP in reference
case
Annual growth in OT
scenario
Annual growth in
reference case
12Source: OT Economic Impact Assessment, School of Economic

13. Influx of Investment into Mongolia
Jan 2011 compared to Jan 2010
13
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
2010 I 2011 I
Production of wooden
building doors &
windows (thous. m3)
0
50
100
150
200
2010 I 2011 I
Production of vacuum
windows and doors (m2)
0
200
400
600
800
1000
1200
1400
1600
2010 I 2011 I
Production of sawn wood
(m3)
0
0.05
0.1
0.15
0.2
0.25
2010 I 2011 I
Production of cement
(thous. t)
- Production of wooden doors
and windows are up - 258%
- Production of sawn wood is
up -300%
- Production of cement has
doubled
- Net income of restaurants
was up - 800%
- Production of vacuum
windows and doors were up -
475%
Source: Statistics Office of Mongolia, 2011
0
1000
2000
3000
4000
5000
6000
7000
8000
2008 2009 2010
Net income of restaurants
(mln tugrug)

14. Thank you
Questions?