This is a Balrog from a demonstration game at GamesDay 2006.
The Balrog is a mighty creature of great age and power. Awoken by eager Dwarven miners, the Balrog brought destruction to their kingdoms, overwhelming Durin and his doughty warriors in a series of terrible battles. Of all the evil powers in the world, the Balrog is amongst the most terrible and as one of the largest models in The Lord of The Rings game, is the perfect centre piece for an evil army.