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Rio Tinto is planning to relocate its London headquarters from Paddington to a 116,000 sq ft building at St James's Square next year.
Rio Tinto is to set up a 26,000 sq ft office at Two Kingdom Street in London's Paddington Central.
Rio Tinto Alcan is to invest £45m in the installation of new hydro-electric turbo-generators at its aluminium plant in Fort William by 2012, securing the future of about 180 jobs.
Rio Tinto is to set up a 107,000 sq ft headquarters at the new Telstar scheme due for completion in July 2007 at Paddington in London.