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Rio Tinto joins up with Chinalco to explore for copper

Nov 25, 2011· Beijing's go-ahead seems to draw a line under the troubled relationship between the Rio and China over past few years that began in 2008 with Chinalco…

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Rio Tinto and Chinalco clinch $19.5 billion deal: report ...

Feb 11, 2009· Debt-laden mining group Rio Tinto Ltd/Plc has agreed to a $19.5 billion cash injection from China's state-owned Chinalco under a deal to be unveiled on …

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Chinalco can blame it on Rio Tinto for failed merger

Elements of the deal, and events outside Rio's and Chinalco's control, conspired to make the debate white hot. At its heart was Chinalco's status as a wholly state-owned enterprise.

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BHP fears Chinalco and Rio Tinto deal

BHP, which walked away from its $135 billion tilt at Rio Tinto last year, was said to be sceptical about the price Chinalco was prepared to pay for an interest in some of Rio's assets. In the deal ...

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Rio Tinto Stands by Chinalco Deal - The New York Times

Apr 20, 2009· A global mining company, Rio Tinto, defended itself on Monday against shareholder criticism of its proposed $19.5 billion tie-up with China's state-owned Chinalco, its rejection of a takeover bid by BHP Billiton and its costly 2007 purchase of Alcan. At the group's annual meeting in Sydney, following one in London last week, the outgoing chairman, Paul Skinner, said BHP Billiton's 3.4 ...

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Rudd reassures Chinalco over failed merger - ABC News ...

Rudd reassures Chinalco over failed merger ... Rio Tinto pulled out of a $24.3 billion deal with the Chinese metal firm and instead agreed to a 50-50 merger with BHP's iron ore assets. Mr Rudd ...

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Rio Tinto deal with Chinalco collapses | Business | The ...

Jun 04, 2009· Chinalco was to have paid $12.3bn for stakes in Rio's iron ore, copper and aluminium assets and $7.2bn for convertible notes that would double its equity stake in Rio to 18%.

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BHP fears Chinalco and Rio Tinto deal - news.com.au

Oct 21, 2009· "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 …

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TV ads turn up pressure on Chinalco-Rio deal | Financial Times

TV ads turn up pressure on Chinalco-Rio deal. Share on Twitter (opens new window) ... mining jobs could be at risk if the Chinalco deal does not go ahead. ... focusing on the Chinalco deal with ...

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Chinalco investment 'absolutely favorable,' says Rio Tinto ...

Dow Jones Chinalco investment 'absolutely favorable,' says Rio Tinto CFO Last Updated: March 26, 2009 at 1:31 a.m. ET First Published: March 26, 2009 at 12:32 a.m. ET

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Rio in $19b cash call as Chinalco deal fails

Mining giant in a trading halt ahead of a $US15.2 billion rights issue after failed Chinalco deal.

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BHP, Rio and the doomed $40 billion Chinalco deal: Who ...

Aug 03, 2018· For Rio and its deal team, the line would go quiet for the next six weeks as the sharp decline in its shares meant the placement to Chinalco, which was …

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Chinalco's 'great regret' at Rio deal collapse - ABC News ...

Chinalco has expressed its disappointment at Rio Tinto's decision to scrap a $24.3 billion deal with the Chinese state-owned miner. Rio effectively replaced the deal with a 50-50 joint venture ...

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Rio names new chairman as Chinalco row escalates - Reuters

Mar 17, 2009· Rio Tinto named a new chairman to help get a planned $19.5 billion (13.9 billion pound) tie-up with China's Chinalco approved, as Australian politicians opposed to the deal raised their level of ...

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Buy Sree DevTable Top Wet Grinders Online …Sree Dev wet grinder is a real Price Value Gaurentee product designed to get quality paste to make smooth and soft idly, dosa and vada etc.

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China strikes back against Rio Tinto with deal of its own ...

Aug 24, 2009· But it didn't mean Beijing still wasn't angry about Rio Tinto having turned away from a $19.5 billion investment that Chinalco -- the state-owned aluminum company -- …

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Public opinion on Chinalco's investment in Rio Tinto ...

Apr 19, 2009· Public opinion on Chinalco's investment in Rio Tinto 19 April 2009. Author: Christopher Findlay, Adelaide University. The Australian carried a story by Lenore Taylor on 7 April 2009 which reports:. Fifty-nine per cent of respondents to a special Newspoll taken last weekend said they believed Chinalco should not be allowed to increase its stake in Rio from 9 to 18 per cent of the …

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Rio Tinto set to quit Guinea iron ore project with sale to ...

Oct 28, 2016· If the deal to sell out to Chinalco goes ahead, Rio Tinto will receive payments of between $1.1 billion and $1.3 billion based on the timing of the project's development, it …

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Chinalco to Invest $19.5 Billion in Rio Tinto - The New ...

Feb 13, 2009· Under the deal, the company, known as Chinalco, will buy $7.2 billion worth of bonds convertible into Rio Tinto stock and pay $12.3 billion in cash for stakes in Rio Tinto…

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UPDATE 1-Guinea's mining minister says there will be ...

Jul 19, 2018· Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on selling two blocks of the vast Simandou iron ore project, its mining minister said, adding he was confident an ...

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UPDATE 3-Rio names new chairman as Chinalco row escalates ...

Mar 17, 2009· Rio Tinto said in its annual report, released on Tuesday, that if the Chinalco deal was not approved and it failed to complete other planned asset …

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BBC News - Rio Tinto signs mining deal with China's Chinalco

Mar 19, 2010· A month before the arrests, Rio scrapped a $19.5bn (£12.5bn) deal with Chinalco in favour of a tie-up with rival giant BHP Billiton. Jobs for Guinea. According to Rio Tinto, Simandou is one of the world's biggest undeveloped iron ore deposits. The deal also covers rail and port infrastructure and could create tens of thousands of jobs in Guinea.

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Rio Tinto Jumps on Bid Rumors - The New York Times

Oct 22, 2008· Shares in Rio Tinto, the global mining giant, jumped 5 percent in a weak market on Wednesday, swept up by rumors ranging from a sweetened cash bid by BHP Billiton to a Chinese counterbid.. Fund managers were skeptical about all the rumors, Reuters said, including speculation that Rio Tinto was going to come to the bargaining table with BHP Billiton sooner rather than later to …

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Rio Tinto, Chinalco in huge deal | PerthNow

Mar 19, 2010· RIO Tinto's massive Simandou iron ore project in Guinea is to go ahead after the miner signed a $US1.35 billion ($1.46 billion) deal with Chinalco.

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Why Chinalco's Buying Into Rio Tinto - Bloomberg

Feb 05, 2008· Why Chinalco's Buying Into Rio Tinto The Chinese giant's new stake in the mining outfit is seen as Beijing's attempt to head off a BHP Billiton takeover, to protect the mainland's supply of …

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TIMELINE-How the Rio-Chinalco deal unravelled - Reuters

Jun 05, 2009· Global miner Rio Tinto dumped plans for a $19.5 billion tie-up with China's Chinalco on Friday, agreeing to set up a iron ore joint venture with rival BHP Billiton and raising cash from ...

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When Rio Tinto Met China's Iron Hand - Bloomberg.com

Jul 13, 2018· When Rio Tinto Met China's Iron Hand In 2010, four employees of the mining giant were jailed and accused of stealing commercial secrets. Today, the …

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Rio arrests: Joyce raises Chinalco deal link - ABC News ...

Rio arrests: Joyce raises Chinalco deal link ... along with three other Rio Tinto workers. ... between Chinalco's failure in its purchase of Rio and the ramifications that go beyond a state-owned ...

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