Rio Scraps Chinalco Deal, Starts JV with BHP
Market News Video
Jun. 05, 2009. 11:02 AM EST
Mining titan Rio Tinto (RTP) has scrapped a $19.5 billion to sell a portion of itself to Chinese ... More »
Mining titan Rio Tinto (RTP) has scrapped a $19.5 billion to sell a portion of itself to Chinese aluminum company Chinalco. Instead, Rio and BHP Biliton (BHP) will join forces in an iron ore joint venture. « Less
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