REG - Rio Tinto - Rio Tinto reviews arrangements with Rusal

Rio TintoAnnouncement

13/04/2018 15:50

RNS Number : 9252K
Rio Tinto PLC
13 April 2018
 

Rio Tinto reviews arrangements with Rusal
 
13 April 2018
 
Following the announcement by the United States Treasury Department on 6 April, 2018, that it was implementing sanctions on various Russian individuals and companies, Rio Tinto has reviewed arrangements it has with impacted entities. The arrangements include Rusal's 20 per cent interest in Queensland Alumina Limited in Australia, including Rusal's associated supply and offtake arrangements, bauxite sales to Rusal's refinery in Ireland and offtake contracts for alumina that are used at Rio Tinto's smelters, mainly in France and Iceland.
 
As a result of the imposition of these sanctions, Rio Tinto is in the process of declaring force majeure on certain contracts and is working with its customers to minimise any disruption in supplies.
 
Rio Tinto is committed to fully complying with the US sanctions.
Contacts
 
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Media Relations, United Kingdom
Illtud Harri
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Rio Tinto plc
6 St James's Square
London SW1Y 4AD
United Kingdom
 
T +44 20 7781 2000

Registered in England
No. 719885


Rio Tinto Limited
Level 7, 360 Collins Street
Melbourne 3000
Australia
 
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404




 



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