2nd Feb 2006 07:19
Rio Tinto PLC02 February 2006 Rio Tinto's 75.7 per cent owned subsidiary, Coal & Allied Industries Limited,issued the following news release in Australia. All dollars are Australiancurrency. Coal & Allied wins Mexico coal contract Coal & Allied has won a tender to supply 4.29 million tonnes of thermal coal tothe Mexican Federal Electricity Commission over the next 18 months. The contract, for the supply of coal to the Petacalco power plant in the Pacificcoast state of Guerrero, is expected to be signed tomorrow (Friday 3 February2006). Coal & Allied's managing director, Dr Grant Thorne, said, "This deal representsdiversification for Coal & Allied into Mexico - a healthy and robust new marketfor us. We are very pleased to have secured the tender in competition from astrong field of international suppliers." "Australian coal producers enjoy a freight advantage over China and Indonesia,our main competitors." Earlier this week, Coal & Allied announced a record net profit after tax for2005 of A$290.1 million (compared with A$116.6 million in 2004). Coal &Allied's total shipments in 2005 were 29 million tones of thermal and cokingcoal, with the majority going to Japan. For further information, please contact: LONDON AUSTRALIA Media Relations Media Relations Maria Darby Walker Ian Head Office: +44 (0) 20 7753 2305 Office: +61 (0) 3 9283 3620 Mobile: +44 (0) 7725 036 544 Mobile: +61 (0) 408 360 101Investor Relations Investor Relations Nigel Jones Dave Skinner Office: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628 Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309 David Ovington Susie Creswell Office: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639 Mobile: +44 (0) 7920 010 978 Mobile: +61 (0) 418 933 792 Website: www.riotinto.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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