Rio suspends its smelter expansion plans
Rio Tinto has all but halted its $2.5 billion expansion of the Kitimat smelter. For full story, click here
Rio Tinto has all but halted its $2.5 billion expansion of the Kitimat smelter. For full story, click here
Rio Tinto said has shelved a plan to extend its Northparkes mine in Australia as it slashes capital spending. For full story, click here
United States antitrust authorities have cleared BHP Billiton Limited’s unsolicited $170 billion bid for Rio Tinto plc. For full story, click here
United States antitrust authorities have cleared BHP Billiton Limited’s unsolicited $170 billion bid for Rio Tinto plc. For full story, click here
Lakshmi Mittal is looking at entering the takeover battle for the Rio Tinto mining group. For full story, click here
Noranda Inc. announced that it will not be proceeding with its bid to acquire the outstanding shares of Rio Algom Limited. For full story, click here
Lakshmi Mittal is looking at entering the takeover battle for the Rio Tinto mining group. For full story, click here
Noranda Inc. announced that it will not be proceeding with its bid to acquire the outstanding shares of Rio Algom Limited. For full story, click here
The company is pulling out of contracts to build housing for workers in Australia, pending a spending review prompted by declining commodity prices. For full story, click here
By Melissa Pistilli-Exclusive to Iron Investing News BHP Billiton’s hostile takeover bid for rival Rio Tinto finally came to an end last week. On November 25, BHP announced it was dropping its $66 billion bid for Rio due to the current global economic crisis and Rio’s $42.1 billion in debt. The takeover process had begun [...]
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