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Perfect outcome for Rio, except for China

But the Chinalco deal didn't make sense when it was struck and it still doesn't Second, the Pilbara option was always the best outcome for Rio, BHP and Australia...

Rio Tinto Rejects Latest Offer

Feb 07, 2008· This week, Chinalco, which contributed $128 billion of the $14 billion used to buy the stake, said it was content to sit on what it described as a strategic investment in Rio Tinto...

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Rio Tinto Set to Raise $12 Billion in Asset Sale

The sale of the packaging operations comes at challenging time for Rio Tinto, which last month scrapped a $195 billion alliance with the Aluminum Corp of China, better known as Chinalco...

Du Plessis has no armchair ride with Rio

"It wasn't a good time, but I think eventually both Chinalco and Rio Tinto appreciated we both, for different reasons, want a strong relationship," du Plessis says...

Why Chinalco's Buying Into Rio Tinto

Feb 05, 2008· Why Chinalco's Buying Into Rio Tinto , that Beijing had a hand in the Chinalco-Rio deal, which has cast uncertainty over Anglo-Australian resources giant BHP Billiton's plan to ,...

Rio Tinto media releases

Rio Tinto and Chinalco will explore a partnership to bring forward the next era of mining technology aimed at deli , Rio Tinto and Chinalco to explore technology partnership pdf 53 KB - Opens in a new , The future leaders in our industry will be those companies that stay ahead of the game and keep applying fresh thought and practices to the ....

Bruised Rio Tinto rebuffs Glencore takeover approach

MELBOURNE/LONDON (Reuters) - Rio Tinto has rejected a takeover approach from smaller rival Glencore Plc, snubbing a blockbuster deal that would have created a $160 billion mining and commodities trading giant Rio said on Tuesday that it was contacted about a potential deal ,...

Chinalco's 'great regret' at Rio deal collapse

Chinalco's 'great regret' at Rio deal collapse , says it is pleased the proposed Rio Tinto and Chinalco deal has collapsed , Eastern Daylight Savings Time which is 11 hours ahead of UTC ....

Rio Tinto Jumps on Bid Rumors

Oct 22, 2008· Rio Tinto Jumps on Bid Rumors By Dealbook October 22, 2008 7:10 am October 22, 2008 7:10 am Shares in Rio Tinto, the global mining giant, , Another rumor was that Chinalco would make a counter-bid, though Chinalco is state-owned with no listed shares of its own to offer...

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Rio Tinto attacked from all sides

The chairman of Rio Tinto, Paul Skinner, and the chief executive, Tom Albanese, fielded a series of questions and criticisms, ranging from debt management and the resignation of chairman-elect Jim Leng over the Chinalco deal to its rejection of a 985 billion ($201 billion) bid from BHP last year...

Rio Tinto hits rivers of trouble in Mongolia's mines

Management at Rio, SouthGobi and Chinalco had been told, quietly, the government was ready to do such a deal, welcoming Chinese investment rather than fear its financial and cultural hegemony...

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why didn t the chinalco and rio tinto deal go ahead; crushing companies in williston, nd ....

Rio Tinto spurns China with $15bn cash call

Rio Tinto spurns China with $15bn cash call Rio Tinto will on Friday unveil a $15bn (£93bn) rights issue following the collapse of its $195bn deal with Chinese state-owned group Chinalco...

Rio dumps record BHP deal

THE biggest merger in Australian business history is dead The board of Rio Tinto is preparing to abandon a $120 billion iron ore deal with the rival mining giant BHP Billiton in the Pilbara The ....

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Rio in $19b cash call as Chinalco deal fails

Mining giant Rio Tinto is in a trading halt ahead of a $US152 billion ($189 billion) rights issue in the wake of the failed Chinalco investment deal...

BHP fears Chinalco and Rio Tinto deal

"BHP management think the deal will go ahead -- they don't see Rio shareholders providing much opposition and don't see any legal reason why Chinalco can't increase its stake," Killik sa...

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