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Rio Tinto hires UBS to explore Pacific Aluminium listing - sources

By: Reuters     19th March 2018 Rio Tinto has asked Swiss investment bank UBS to explore a possible public listing of its Pacific Aluminium smelting business on the Australian Stock Exchange (ASX), two industry sources said on Friday. The mining group has tried to sell the division many times without success, including in... 

Steel tycoon considers bid for Rio Tinto's Dunkirk aluminum smelter - sources

By: Reuters     14th December 2017 Liberty House, the industrial and commodities group buying a number of steel assets around the world, is considering a bid for Rio Tinto's aluminium smelter in northern France, the largest in Europe, three sources with direct knowledge of the matter told Reuters. The Dunkirk plant, which the... 

Rio Tinto appoints new CEO for aluminium business

By: Henry Lazenby     27th May 2014 Global diversified miner Rio Tinto on Tuesday said that it had appointed former oil industry executive Alfredo Barrios as CE of its aluminium business. He would succeed industry veteran Jacynthe Cote, who will leave the business for personal reasons to pursue other interests. Cote, who started... 

Albanese on Vedanta and Franco-Nevada boards

By: Martin Creamer     27th September 2013 JOHANNESBURG (miningweekly.com) – Former Rio Tinto CEO Tom Albanese has chalked up two appointments since departing the British-Australian company in January. The American takes the nonexecutive chairperson role at Indian company Vedanta Resources Holdings and has been appointed to the board of... 

Albanese on Vedanta and Franco-Nevada boards

By: Martin Creamer     16th September 2013 Former Rio Tinto boss Tom Albanese has taken on a senior advisory role at Indian mining group Vedanta just eight months after being ousted as chief executive of the world's number-three mining group. Albanese was one of several top mining chief executives who took the blame for their companies'... 

Company Announcement: Rio Tinto impairments and management changes

     17th January 2013 Rio Tinto expects to recognise a non-cash impairment charge of approximately US$14 billion in its 2012 full year results 

Rio completes Alcan Cable sale

By: Esmarie Swanepoel     5th September 2012 Global miner Rio Tinto has completed the sale of the North American portion of its Alcan Cable business for $151-million. Alcan Cable, which employs 1 051 people, has five manufacturing operations, a distribution centre and a dedicated technology development center in North America and an... 

Company Announcement: Rio Tinto completes sale of Alcan Cable’s North American business

     5th September 2012 Rio Tinto has completed the sale of the North American portion of its Alcan Cable business to General Cable Corporation for $151 million in cash, subject to customary adjustments primarily related to working capital levels at closing 

Roger Baxter to take up former CoM position in July 

By: Natasha Odendaal     29th June 2012 Eight months after resigning his position as South African Chamber of Mines (CoM) senior executive for strategy, to join a company in Canada, mining economist Roger Baxter is returning to South Africa. CoM senior executive for transformation and stakeholder relations Vusi Mabena confirmed on... 

Rio Tinto offloads aluminium cable business for $185m

By: Matthew Hill     21st May 2012 Rio Tinto has agreed to sell its Atlanta, Georgia-based wire and cable business Alcan Cable to NYSE-listed General Cable for $185-million, the companies said on Monday. The diversified mining giant has sold off noncore operations from the aluminium business it bought in 2007 for some... 

Rio Tinto, CMS scrap plans for $2bn Malaysian smelter

By: Esmarie Swanepoel     28th March 2012 Mining giant Rio Tinto and its Malaysian partner, Cahya Mata Sarawak Berhad (CMS), have shelved plans for a $2-billion smelter project in Sarawak. The two companies had been working for several years to establish an aluminium smelter project, but have to date been unable to finalise commercial... 

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