Rio Tinto completes divestment of Alcan Packaging unit

Diversified resources group Rio Tinto has completed the divestment of its Alcan Packaging business with the sale of its two outstanding assets. The Medical Flexibles unit was acquired by packaging specialist Amcor for $66-million, while the Alcan...

Company Announcement: Rio Tinto completes Alcan Packaging divestment with closing of Alcan Beauty Packaging and Medical Flexibles transactions

Attached please find a press release on: Rio Tinto has finished the divestment of its Alcan Packaging business with the completion of sales of its two outstanding assets. Medical Flexibles has been acquired by Amcor for US$66 million and Alcan...

Rio Tinto receives binding offer for Alcan Beauty unit

Mining giant Rio Tinto has received a binding offer from Sun European Partners to acquire the Alcan Beauty Packaging business. The company had agreed a period of exclusivity with Sun European Partners and said that it would respond to the binding...

Rio Tinto sells part of Alcan Packaging for $1,95bn

Diversified mining giant Rio Tinto on Tuesday reported that it had completed the sale of part of its Alcan Packaging business to Australia’s Amcor for $1,95-billion. The company sold the pharmaceuticals, global tobacco, food Europe and food...

Rio Tinto completes sale of Jacobs Ranch to Arch Coal

Diversified resources giant Rio Tinto has sold its Jacobs Ranch coal mine to Arch Coal for $764-million, the group reported on Thursday. Rio, which is sellling noncore assets to pay down debt, agreed in March to sell the mine for $761-million in...

Rio Tinto sells part of Alcan to Switzerland’s Schweiter

Diversified miner Rio Tinto has sold its Alcan Composites business, which was part of its Alcan Engineered Products division, to Swiss textile and semiconductor machinery manufacturer, Schweiter Technologies, for $349-million. The transaction was...

Rio sells 56% of Alcan cable unit

Resources giant Rio Tinto has agreed to sell a 56% stake in its Alcan Engineered Products' Cable division to Los Angeles-based Platinum Equity, the group revealed on Monday. The terms of the sale are confidential, and the deal is expected to...

Rio Tinto gets approval to sell Brazil iron-ore mine to Vale

The Brazilian National Defence Council has approved the pending sale of diversified miner Rio Tinto’s Corumbá mine to iron-ore giant Vale. In January, Rio Tinto entered into an agreement with Vale to sell its Corumbá iron-ore mine and the...

Rio gets US clearance for Jacobs Ranch sale to Arch Coal

The US Federal Trade Commission has cleared Rio Tinto's sale of its Jacobs Ranch coal mine to Arch Coal, the diversified miner announced on Friday. Rio, which is sellling noncore assets to pay down debt, agreed in March to sell the mine for...

Rio has binding $2,03bn offer for Alcan packaging units

Australia's Amcor has offered to buy the majority of Rio Tinto Alcan's packaging businesses for $2,03-billion, in a transaction that would help Rio cut more debt and boost Amcor earnings. The sale is part of a plan by Rio to ease its debt level,...

MW Profile Aug 15 - Lyttelton Dolomite, South Africa

Name: Lyttelton dolomite-mine.