IRON ORE - THE UNTOLD STORY

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AICD EVENT
IRON ORE - THE UNTOLD STORY

We are told that Australia now rides on the back of iron                        Hon Richard Court AC,                      Luke Tonkin, Managing Director, Mount Gibson
ore in the long term supercycle with China as the key                           Chairman, GRD Ltd                          Iron Limited
customer.                                                                         Richard Court was Premier and            Luke Tonkin was appointed as Managing Director on
                                                                                  Treasurer of Western Australia from      25 October 2005. He has extensive experience in the
This moderated panel discussion will look behind this                             1993 - 2001. He retired from             resource industry traversing multi-commodities of gold,
widely accepted proposition to examine key issues                                 Parliament after nineteen years as the   nickel, tantalum, tin and lithium. He has held general
including:                                                                        Member for Nedlands. His                 management roles within some of Australia's largest
                                                                                  Government led the LNG marketing         operations namely WMC's Kambalda Nickel
• Do the Government processes for approving new
                                                            push into new markets, the successful deregulation of          Operations, St Ives Gold Operations and Leinster
  projects work in a timely manner
                                                            the Western Australian gas markets and the successful          Nickel Operations. Mr Tonkin's most recent role was
• How much infrastructure should the State contribute       privatisations of the SGIO, BankWest, AlintaGas, Westrail      Chief Executive Officer of Sons of Gwalia, assisting
                                                            Freight and the DBNG pipeline. Currently he is Chairman        administrators restructure the Company. Mr Tonkin has
• Tension between development pressures versus
                                                            of Resource Investment Strategy Consultants [RISC] and         a proven track record of implementing large-scale
  environmental protection
                                                            GRD Limited as well as a director on WesTrac Holdings          investment, divestment, transition and integration plans.
• Where will new growth com from - Pilbara or the Mid-      Pty Ltd and Iron Ore Holdings Ltd. Richard Court also is
  West                                                      a senior advisor at KPMG and a consultant to Australian
                                                            Capital Equity. He was appointed Companion in the              Sam Walsh, CEO, Rio Tinto
• Is the continuing demand for iron ore products real and
                                                            General Division of the Order of Australia in June 2003
  will it continue to grow                                                                                                                      Sam Walsh was appointed Chief
                                                            for service to the Western Australian Parliament and to
                                                            the community.                                                                      executive of Rio Tinto Iron Ore in
Speakers                                                                                                                                        December 2004. The role includes
                                                                                                                                                responsibility for Rio Tinto’s iron ore
Clive Brown, Independent Chairman, Geraldton                                    Peter Strachan, Stock Analyst
                                                                                                                                                operations in Australia, Canada,
Iron Ore Alliance                                                                 Peter Strachan commenced working                              Brazil, Guinea and India. Sam is
                                                                                  life as a research metallurgist in                            also Chairman of Rio Tinto China.
Clive Brown is Chairman of the Geraldton Iron Ore                                 Zambia and gained a high level of                             Prior to Sam’s appointment as
Alliance and a Steering Committee of Australian                                   practical experience with companies                           Chief executive of Rio Tinto Iron
Governments developing a national approach to                                     such as Bougainville Copper and          Ore, Sam was Chief executive of Comalco and Rio
occupational health in the mining industry. Since 2005                            CRA Ltd (now Rio Tinto). Over the        Tinto Aluminium (2001-2004) and Chairman of Rio
he has been a company director, undertaken reviews for                            past 25 years, Peter has worked with     Tinto Japan (2002-2005). Before joining Rio Tinto, Sam
the Western Government and worked as a consultant to        a range of UK and Australian-based financial firms in the      worked in the automotive industry for more than 20
a number of mining companies on government-business-        securities industry, in roles as diverse as share market       years in Australia and the USA. He is a Fellow of AIM,
                                                            and corporate research, institutional dealing, investment      the AIMM and AICD, Vice President of the Australia-
community relations. Between 2001 and 2005 he served
                                                            banking, business development and management. Six              Japan Business Co-operation Committee, a Councillor
as the Minister for State Development in the Western
                                                            years ago, he established an AFS licensed, investor            of the WA CCI, a Director of Committee for Perth
Australian Government.                                      relations and independent corporate analysis business          Limited, Chair of the WA Chapter of the Australia
                                                            which he operates under the Strachan Corporate banner.         Business Arts Foundation, and the Chairman of the Rio
                                                            Peter is co-owner of StockAnalysis, a subscriber based,        Tinto Western Australia Future Fund. In 2007, Sam was
                                                            analyst brief which he publishes on a weekly basis.            awarded an Australian Export Hero and Western
                                                                                                                           Australian Citizen of the Year - Industry & Commerce.

				
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