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

By: Esmarie Swanepoel 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 Asia divisions. 

Rio Tinto completes $349m Alcan Composites sale

By: Chanel de Bruyn Diversified miner Rio Tinto has completed the $349-million sale of its Alcan Composites business to Swiss textile and semiconductor machinery manufacturer Schweiter Technologies, it reported on Tuesday. Alcan Composites formed part of Rio Tinto’s Alcan Engineered Products division, which the... 

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

By: Esmarie Swanepoel 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 associated river logistics operations in Paraguay; the... 

Rio sells potash, iron-ore assets to Vale for $1,6bn

By: Christy van der Merwe As part of its asset divestment programme, diversified miner Rio Tinto has signed agreements to sell its undeveloped potash assets, and an iron-ore asset to Brazilian mining giant Vale, for $1,6-billion. The assets included the Potasio Rio Colorado (PRC) potash project in Argentina, and its... 

Rio Tinto seeks presence in high-demand potash

By: Liezel Hill Diversified-miner Rio Tinto has its eye on the growing potash market, and hopes to start producing the crop nutrient from its first mine by as early as 2012, energy and minerals CE Preston Chiaro said on Friday. The company already has a foot in the door, with assets in Argentina and Canada, and... 

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