China’s diplomatic relationship with Australia, so recently flourishing despite occasional spats, this month has taken a severe turn toward the governmental equivalent of thrown dinner plates. Public exchanges between the nations, already...

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.

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 already accepted the bid and under the terms of the deal, Anglo-Australian...

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...

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 producer Alcan Inc is on buyers’ radar as other giants are also aiming to...

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 are minting money out of an emissions-intensive company or facilities exposed...