06 May 2010
Notice to LSE - No decision to shelve projects
Rio Tinto today confirmed that no decision has been made to shelve any projects in Australia following the announcement by the Federal Government of the proposed Resource Super Profits Tax (RSPT).
Rio Tinto is reviewing the potential impact of the proposed RSPT on all of its operations and new projects in Australia.
The feasibility study into the proposed 330mtpa expansion of Rio Tinto's iron ore operations in Western Australia is continuing as previously advised.
Rio Tinto is however unable to determine the impact of any RSPT on the 330mtpa expansion study until the details of the Government's proposal become clearer.
