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The battle to acquire Canadian aluminum producer Alcan Inc, has became more fierce as Rio Tinto, the world’s second-biggest miner, has confirmed to challenge Alcoa Inc’s $28 billion hostile bid.
To be a viable competitor, Rio Tinto has hired two...
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Mining group Rio Tinto said yesterday it is to spend $2.15bn (£1.09bn) to expand production of its Corumbá iron ore mine in Brazil to almost 13m tonnes a year.
made popular Jul 30 2008
Rio Tinto, the world’s third largest miner by revenues, has won U.S. antitrust authority’s approval for its $38.1bn takeover of Alcan Inc.
Alcan board has...
made popular Aug 27 2007
Rio Tinto Ltd is set to join the pool to acquire Canadian aluminum producer Alcan Inc, as it reported to hire Deutsche Bank to advise on a possible bid.
Aluminum...
made popular May 28 2007
Scientists have been saying for long that global warming will be hitting the world’s economy hard! It must has started revealing the consequences directly. If you...
made popular Dec 12 2006
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Rio Tinto Ltd is set to join the pool to acquire Canadian aluminum producer Alcan Inc, as it reported to hire Deutsche Bank to advise on a possible bid.
Aluminum...
made popular May 28 2007
The Dow Jones industrials broke all the previous records and closed at an all time high 13,300, while trading on Monday. Getting momentum from the Dow Jones record...
made popular May 8 2007
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