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BOARD CHANGES

Bevan steps down as Alumina chief

ASX-listed Alumina CEO John Bevan has announced that he would retire from the company at the end of the year. Bevan, who was appointed to the role of CEO prior to the global financial crisis, would be replaced by current company director Peter...
27th November 2013
 
DIVESTMENT

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...
5th July 2010
 
RIO TINTO

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

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...
5th July 2010
 
DIVESTMENT

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...
1st April 2010
 
DIVERSIFIED MINER

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...
2nd February 2010
 
COAL

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...
1st October 2009
 
M&A

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...
22nd September 2009
 
M&A

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...
14th September 2009
 
IRON-ORE

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...
14th September 2009
 
COAL

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...
21st August 2009
 
DIVERSIFIED MINERS

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,...
18th August 2009
 
Mining Services

MW Profile Aug 15 - Lyttelton Dolomite, South Africa

Lyttelton dolomite-mine Name: Lyttelton dolomite-mine.
15th August 2003
 
 
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