BRIEF-Rio Tinto says FY underlying profit US$ 10.2 bln, up 10 pct

Feb 13 (Reuters) - Rio Tinto Ltd RIO.AX :

* Rio Tinto full year results RIO.AX

* FY underlying profit US$ 10.2 billion versus US$ 9.3 billion last year

* Net debt reduced to $18.1 billion at 31 December 2013, $4.0 billion down on

the half year and $1.1 billion down on the previous year end

* Says iron ore group's underlying earnings of $9,858 million in 2013 were

seven per cent higher than 2012

* FY net earnings US$3.66 billion versus net loss of US$3.02 billion last year

* 2014 capex expected to be less than $11 billion with 2015 capex at around $8

billion

* Says Rio Tinto alcan's underlying earnings of $557 million were $503 million

higher than in 2012

* FY dividend US 192.0 cents

* Debt reduction to sustain a strong balance sheet will remain a priority in

2014

* Says copper group's underlying earnings of $821 million were 22 per cent

lower than 2012

* In 2014, Rio Tinto expects to produce approximately 295 million tonnes (100

per cent basis) from its global operations in Australia and Canada

* Ramp-up of production in the pilbara to nameplate capacity of 290 mt/a is

scheduled to be complete before the end of the first half of 2014

* Says in 2014, Rio Tinto alcan's share of bauxite, alumina and aluminium

production is expected to be 41 million tonnes, 8.1 million tonnes and 3.4

million tonnes, respectively

* Says in 2014, rio tinto's share of mined and refined copper production is

expected to be approximately 570,000 tonnes and 260,000 tonnes, respectively

* Excess supply and the enduring closure of Japan's nuclear industry continued

to adversely impact the uranium market in 2013

* Source text for Eikon News Search ID:nASX8pgfF

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