Rio Tinto cancels sale of its Pacific Aluminium division

Aug 08, 2013 | 11:38 AM | Claire Hack

Tags  Rio Tinto Plc, Rio Tinto Alcan, Pacific Aluminum, Sam Walsh, claire hack

LONDON — Rio Tinto Plc has called off the sale of its Australia-based Pacific Aluminium business, according to chief executive officer Sam Walsh.

"Following a comprehensive review we have ... determined that the divestment of Pacific Aluminium for value is not possible in the current environment and it will be reintegrated into the Rio Tinto Alcan group," Walsh said in a statement....

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