Rio Tinto is in talks with China's Chinalco on a massive mining project in Guinea, reports said Tuesday, raising hopes of a rapprochement that could unlock one of the world's biggest iron ore fields. The mining giant is in "advanced" discussions with ...
Anglo-Australian miner Rio Tinto is in talks with China's Chinalco on jointly developing the Simandou iron-ore field in the West African nation of Guinea, the Sydney Morning Herald reported Tuesday. Negotiations on developing the 12 billion US dollar (8.75 billion euro) mine ...
Mining giant Rio Tinto's divestment programme to cover its massive debt has hit 10 billion US dollars after completing the sale of its Alcan Packaging Food Americas division, the company said Tuesday. The 1.2 billion US dollar sale to America's Bemis Company ...
Bemis releases 2010 outlook after closing Alcan Packaging deal Bemis Company, Inc. released 2010 guidance in line with analyst expectations Monday following the close of its $1.2 billion deal to buy Alcan Packaging. Bemis said it expects 2010 adjusted diluted earnings to ...
Court approves Bemis's $1.2B acquisition of Rio Tinto's Alcan packaging unit, after settlement Flexible packaging maker Bemis Co. has received court approval for its acquisition of the Alcan packaging business it plans to buy from mining conglomerate Rio Tinto PLC for about ...
Bemis close to finalizing Alcan buyout after DOJ settlement, analyst says; shares climb Bemis Co. should be able to quickly close its deal to buy the Alcan packaging unit from Rio Tinto PLC now that it has reached an agreement with the ...
Movers roundup: Culp shares drop on analyst downgrade, Century Aluminum sinks on weak results Among the stock activity stories for Wednesday, Feb. 24, from AP Financial News: NEW YORK (AP) — Shares of Culp Inc. sank after an analyst downgraded the fabric ...
Century Aluminum narrows its 4th-quarter loss over year-earlier results hurt by big charges Century Aluminum Co. narrowed its loss in the fourth quarter over year-earlier results that were dragged down by big one-time costs. In the quarter that ended Dec. 31, the ...
<div><p>Rio Tinto is close to finalizing the sale of its Alcan Packaging business to Amcor for $2 billion — a big chunk of the mining giant's plans to sell assets to slash its debt by more than $10 billion.</p><p>Rio Tinto said in ...
<div><p>A scion of the Rothschild banking family plans to invest in the Hong Kong initial public offering of the world's largest aluminium producer UC Rusal, reports said Tuesday.</p><p>Hedge fund manager Nathaniel Rothschild will get behind the two-billion-US-dollar share sale, the South China ...
