ABOUT RIO TINTORio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a public company listed on the London Stock Exchange, and Rio Tinto Limited, which is listed on the Australian Securities Exchange. Rio Tinto's business is finding, mining and processing mineral resources. Major products are aluminium, copper, diamonds, coal, uranium, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Activities span the world but are strongly represented in Australia and North America, with significant businesses in South America, Asia, Europe and Africa. The Group's objective is to maximize its value and the long term return to shareholders through a strategy of investing in large, cost competitive mines and business driven by the quality of each opportunity. RIO TINTO IN INDONESIARio Tinto has been active in exploration programs throughout Indonesia since the 1970s and has discovered and developed two operating mines in Kalimantan. It is currently implementing a comprehensive mine closure programme at the Kelian gold mine. In 1995, Rio Tinto entered into a Joint Venture with PT Freeport Indonesia for an expansion of Grasberg. Rio Tinto is entitled to 40% of the expansion volume. Rio Tinto is currently in the step of securing mining business permit for a Nickel Project in Sulawesi.