Dec 4 (Reuters) - Rio Tinto (LON:RIO) Ltd RIO.AX :
* "$5 BILLION PRODUCTIVITY PROGRAMME WILL HELP DRIVE VALUE OVER NEXT FIVE YEARS"
* GROUP TARGET OF $1.5 BILLION OF ANNUAL ADDITIONAL FREE CASH FLOW FROM 2021
* CAPITAL EXPENDITURE EXPECTED TO BE LESS THAN $4.5 BILLION IN 2017
* CAPEX GUIDANCE OF $5.5 BILLION IN 2018 AND $6 BILLION IN BOTH 2019 AND 2020.
* IS TARGETING $5 BILLION IN ADDITIONAL FREE CASH FLOW FROM ITS FIVE-YEAR PRODUCTIVITY PROGRAMME FROM 2017-2021.
* ON TRACK TO DELIVER ADDITIONAL FREE CASH FLOW OF $300 MILLION FROM PRODUCTIVITY IMPROVEMENTS IN 2017 AND A CUMULATIVE $900 MILLION BY END OF 2018
* SUSTAINING CAPITAL EXPENDITURE IN PILBARA IS EXPECTED TO BE AROUND $1 BILLION A YEAR OVER NEXT THREE YEARS
* PILBARA SHIPMENT GUIDANCE OF 330-340 MILLION TONNES OF IRON ORE FOR 2018
* $1.9 BILLION PLC SHARE BUYBACK TO BE COMPLETED BY END OF 2018