Rio tinto Stories
Chinalco may revise Rio deal before deadline: sources
Chinese state-owned metals firm Chinalco may revise its planned $19.5 billion investment in miner Rio Tinto before a June 14 deadline to avoid further delays in Australian government approval, two sources close to the deal said on Thursday.
Opposition wins Mongolia presidential election
Mongolia's opposition Democratic Party (DP) candidate Tsakhiagiin Elbegdorj won the presidential election, authorities said on Monday, in an outcome analysts said could complicate a pivotal mining deal.
Rio says committed to Chinalco tie-up, shares up
Miner Rio Tinto remains committed to a planned $19.5 billion tie-up with Chinese metals firm Chinalco, it said, responding to talk that the deal may be revised to let more shareholders take part in a rights issue.
Rio Tinto lines up $8 billion rights issue: report
Mining giant Rio Tinto has drawn up contingency plans to raise $8 billion in a rights issue underwritten by JP Morgan Cazenove and Credit Suisse, the Sunday Times reported without citing sources.
Rio may sell more assets if Chinalco deal fails
Mining giant Rio Tinto said it could sell more assets and reschedule debt if a proposed $19.5 billion tie-up with China's state-owned aluminum firm Chinalco fails to go ahead.
Rio names new chairman as Chinalco row escalates
Rio Tinto named a new chairman to help get a planned $19.5 billion tie-up with China's Chinalco approved, as Australian politicians opposed to the deal raised their level of protest on Tuesday.
Rio Tinto names Jan du Plessis as chairman
Mining group Rio Tinto has appointed Jan du Plessis, the chairman of British American Tobacco Plc , to also head its board, the firm said on Tuesday.
Rio Tinto in assets deal talks with Chinalco
Mining group Rio Tinto is in talks with Chinese state owned aluminum producer Chinalco about selling minority stakes in some of its operations, Rio Tinto said Monday.
BHP Billiton report record production levels
Miner BHP Billiton has reported record levels of half year production, with output for oil, natural gas, iron ore, alumina and copper all reaching new highs.
Rio to flaunt own prospects in Monday presentation
Bid target Rio Tinto is likely to focus on trumpeting its prospects as an independent firm rather than revealing defense tactics as it gives its first detailed response on Monday to an all-share takeover proposal from mining rival BHP Billiton. Rio, which has said BHP's three-for-one share proposal vastly undervalues the firm, will likely showcase the strength of its own assets during Monday's presentation, analysts said.