Rio Tinto Alcan selling China venture
Dec 31, 2008 | 09:53 AM
| Tom Jennemann
Rio Tinto Plc, London, has reached an agreement to sell its 50-percent stake in a Chinese aluminum smelter, a company spokesman confirmed Tuesday.
"Rio Tinto confirms that it has entered into an agreement to sell its 50-percent interest in an aluminium smelting joint venture in the Ningxia Province of China to one of its partners in that joint venture, Qingtongxia Aluminum Co.," a spokesman for Rio Tinto Alcan said, adding that the transaction is expected to be completed in the first quarter of 2009, pending certain....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.