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Rio Tinto in Australia - PageSuite

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<strong>Rio</strong> <strong>T<strong>in</strong>to</strong> <strong>in</strong> <strong>Australia</strong>The bus<strong>in</strong>esses2012Diamonds and m<strong>in</strong>erals<strong>Rio</strong> <strong>T<strong>in</strong>to</strong> is one of the world’s lead<strong>in</strong>g producers of diamonds.We produce all sizes and qualities, and we are the largest producerof natural coloured diamonds.Argyle Diamond M<strong>in</strong>e<strong>Rio</strong> <strong>T<strong>in</strong>to</strong> owns and operatesthe Argyle Diamond M<strong>in</strong>e <strong>in</strong> theremote east Kimberley regionof Western <strong>Australia</strong>. S<strong>in</strong>ceoperation began <strong>in</strong> 1983, wehave produced some 791 millioncarats of rough diamonds.Argyle diamond colours <strong>in</strong>cludewhites, champagnes, cognacs, greys,blues and greens. The m<strong>in</strong>e alsoproduces more than 90 per cent ofthe world’s rare p<strong>in</strong>k diamonds –our signature stone.Most of what is produced at ourArgyle Diamond M<strong>in</strong>e is sold asrough diamonds, except for therare p<strong>in</strong>k diamonds, which are cutand polished <strong>in</strong> Western <strong>Australia</strong>and then distributed <strong>in</strong>to the<strong>in</strong>ternational f<strong>in</strong>e jewellery marketthrough our standalone diamondmarket<strong>in</strong>g bus<strong>in</strong>ess.<strong>Australia</strong>’s biggest p<strong>in</strong>k roughdiamond, the Argyle P<strong>in</strong>k Jubilee,was recently discovered at Argyle’sopen pit m<strong>in</strong>e, The diamond is12.76 carats and was formed aroundtwo billion years ago.791million carats ofrough diamondsm<strong>in</strong>ed s<strong>in</strong>ce operationbegan <strong>in</strong> 19831979year the Argylediamond m<strong>in</strong>ewas discovered<strong>Australia</strong>’s biggest roughp<strong>in</strong>k diamond wasdiscovered at Argyle. Thediamond is 12.76 caratsand was formed aroundtwo billion years ago.6

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