Australia on Monday urged China stay out of difficult iron ore price negotiations with global mining giants after steel mills lobbied Beijing to intervene. Trade Minister Simon Crean gave assurances Australia would also keep away from the fraught process in which steelmakers ...
China said market forces were behind the failure of what would have been its biggest foreign investment deal, an Australian newspaper said Monday. Chinalco's 19.5 billion US dollar cash injection into Anglo-Australian miner Rio Tinto collapsed last June, with Rio choosing instead ...
CANBERRA (Reuters) - Australian Trade Minister Simon Crean on Monday welcomed a report that China had cleared Rio Tinto <RIO.AX> and the Australian government of blame for the collapse of a $19.5 billion tie-up between Chinalco. Chinalco had agreed on a $19.5 ...
MELBOURNE (Reuters) - Australia on Monday welcomed a report by China clearing Rio Tinto <RIO.AX> and the Australian government of blame for the collapse of a $19.5 billion tie-up between Chinalco and Rio Tinto last June. An Australian newspaper reported from Beijing ...
Bemis closes $1.2 billion Alcan Packaging acquisition after court approval The packaging company Bemis said Monday that it has completed a $1.2 billion acquisition of a packaging business that belonged to mining conglomerate Rio Tinto. Bemis acquired 23 food and beverage packaging ...
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 ...
<div><p> The listed unit of state-owned Chinalco, China's largest alumina producer, swung to a loss in the first half but is looking for overseas investments after a failed Rio Tinto bid, it said Tuesday.</p><p>Hong Kong- and Shanghai-listed Aluminum Corp of China Ltd, ...
<div><p>Mongolia's parliament has scrapped a 68 percent windfall profit tax, local media reported Wednesday, removing a key obstacle blocking a huge copper project for miners Rio Tinto and Ivanhoe.</p><p>The decision by Mongolian lawmakers on Tuesday to annul the tax from early 2011 ...
<div id="subtitle">Rio Tinto says iron ore price talks with China suspended, no idea when they might resume</div><div><p>Iron ore suppliers and China have broken off price talks and it is unclear when they will resume, an executive of Rio Tinto Ltd., which is ...
<div><p>SHANGHAI (Reuters) - One of three detained Chinese employees of Anglo-Australian miner Rio Tinto has applied for bail, the state-owned news agency Chinanews and a source with direct knowledge of the case said on Monday.</p><p>Yang Bailin, lawyer of Wang Yong, submitted an ...
