March 2009
Rio names Jan du Plessis, new chairman as Chinalco row escalates
Rio Tinto announces that Jan du Plessis will be appointed as Chairman of the Boards with effect from the conclusion of the Annual General Meeting of Rio Tinto Limited on 20 April 2009. He joined the Boards as a non executive director on 1 September 200...
FIRB extends review of Chinalco-Rio Tinto deal!
The Australian Foreign Investment Review Board (FIRB) has issued an interim order to carry out an additional 90-day review of Chinalco’s proposed strategic partnership with Rio Tinto, after the conclusion of a preliminary 30-day review on March 1...
February 2009
Rio Tinto and Chinalco; $19.5bn injection: China’s biggest foreign deal
Rio Tinto, the third-biggest diversified mining group by market value, announced last week it had held talks with Chinalco about selling it convertible notes and stakes in some assets. A deal with Chinalco may help dampen investor concerns over RioR...
Rio Tinto talking with Chinalco, no deal yet!
Anglo-Australian mining giant Rio Tinto held talks with Aluminum Corp. of China, also known as Chinalco, over potential investments that could help Rio pay back some of its heavy debt burden. - Global miner Rio Tinto Ltd/Plc held talks to sell some ass...
November 2008
Rio Tinto revises iron ore shipments guidance, Dick Evans eyes on Maaden
Rio Tinto is today revising its estimate of iron ore shipments from the Pilbara region of Western Australia to between 170 million tonnes and 175 million tonnes (100 per cent basis) in 2008. As a result of the reduced demand from its customers and redu...
October 2008
Rio Tinto has faith in Canadian operations but not in Australia says CEO Tom Albanese
Rio Tinto is to invest US$228 million in the construction of a new 225 megawatt high-efficiency turbine at Rio Tinto Alcan’s Shipshaw power station in Saguenay, Quebec, Canada. The project is expected to be completed in December 2012. “This...
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