Rio Tinto reunifies China and Taiwan 26 years …

A Chinese state-owned entity, Chinalco, is Rio's biggest shareholder with 14.02 per cent of the company. Chinalco is prevented from owning more than 14.99 per cent of Rio under rules set by the ...

Rio Tinto | Global

LONDON-- (BUSINESS WIRE)-- Rio Tinto announces that Simon McKeon will step down as a Non-Executive Director at the conclusion of the Rio Tinto Limited annual general meeting on 2 May 2024. Over the course of 2023, we announced the appointments of five new Non-Executive Directors as we continue to refresh the composition of the Board.

chinadaily: Chinalco ups stake in Rio Tinto, injects $19.5b

In what marks as the largest ever overseas investment by a Chinese company, the country's biggest aluminum producer Aluminum Corp Of China (Chinalco) will inject $19.5 billion into Rio Tinto Ltd, the London-based miner announced on Feb 12. This will increase Chinalco's stake in the miner to 18 percent, from the 9 percent it held …

Why the Proposed CHINALCO Investment in Rio Tinto Failed

On 12 February 2009, the board of Rio Tinto ("Rio" hereafter) announced that it had struck a deal of $19.5 billion with CHINALCO. This was by far the largest deal in Chinese and …

Rio Tinto confirms talks over Chinalco cash injection

Rio Tinto tonight admitted it was trying to secure an investment from state-owned Chinese aluminium producer Chinalco that would help it avoid a rights issue and ease its debt burden.

Chinalco's Acquisition of Shares in Rio Tinto

Today I approved the proposal by the Aluminium Corporation of China Limited (Chinalco) to acquire up to 14.99 per cent of the shares in Rio Tinto Plc, the London Stock Exchange listed arm of Rio Tinto Group. A 14.99 per cent stake equates to an interest of around 11 per cent in the Group, which includes the Australian listed Rio Tinto Limited.

Rio Tinto rejects Chinalco deal, to sell stock

Mining giant Rio Tinto has decided to reject a $19.5 billion deal to sell part of itself to Chinalco, and will instead launch a massive rights issue and a...

History

Finding better ways for more than 150 years. Our origins lie in our namesake, the Rio Tinto or red river mines in southern Spain. The ancient mines of Rio Tinto date back to 3000BC when Tartessians, Iberians, Phoenicians, Carthaginians and Romans mined. Since our formation in 1873, it's been in our DNA to find better ways as we strive for ...

Rio Tinto agrees deal with rival BHP and tees up rights issue

Graeme Wearden. Fri 5 Jun 2009 09.06 EDT. Troubled Rio Tinto has agreed an alliance with rival mining giant BHP Billiton and launched a plan to tap its shareholders for more than $15bn (£9.34bn ...

Rio Tinto fails to clinch sale of Guinea iron ore project

Global miner Rio Tinto's outline deal to sell its stake in the Simandou iron ore project in Guinea has lapsed after years of ... Rio and Chinalco own 45.05 percent and 39.95 percent of the project ...

Rio Tinto agrees $1.3bn sale of Simandou stake to Chinalco

Rio Tinto agrees $1.3bn sale of Simandou stake to Chinalco on x ... Rio Tinto announced on Friday it had agreed to sell its stake in the giant Simandou iron ore project in Guinea for up to $1.3bn ...

Rio Tinto and Chinalco sign $20bn Guinea iron ore deal

Rio Tinto, Chinalco and the International Finance Corporation have signed a deal to develop Guinea's iron ore deposits. The Simandou project, which has been delayed for years, would be the biggest ...

Rio investors reassured by Chinalco talks | Financial Times

Rio stated on Monday that it had "held discussions with Chinalco regarding it acquiring minority interests in various operating businesses of the Rio Tinto group and …

Rio Tinto set to quit Guinea iron ore project with sale to Chinalco

Rio Tinto has signed a preliminary deal to sell its stake in Guinea's Simandou project to Chinalco <3668.HK>, it said on Friday, injecting impetus into the long-stalled scheme to ...

Rio Tinto and Giampaolo Group enter into Matalco …

Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Rio Tinto Limited Level 43, 120 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 riotinto. Category: Canada Source: Rio Tinto

Government of Guinea, Winning Consortium …

Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia T +61 3 …

Rio Tinto rises on talk of Chinalco stake purchase

Chinalco agreed not to seek representation on Rio's board as it enlarged its shareholding. The deal was approved by the Australian government.

RIO | Rio Tinto PLC ADR Stock Price & News

View the latest Rio Tinto PLC ADR (RIO) stock price, news, historical charts, analyst ratings and financial information from WSJ.

Rio Tinto and Baowu agree to form joint venture to develop …

MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto (54 per cent) and China Baowu Steel Group Co. Ltd (Baowu) (46 per cent) have agreed to enter into a joint venture with respect to the Western Range iron ore project in the Pilbara, Western Australia, investing $2 billion ($1.3 billion Rio Tinto share 1) to develop the mine.. Western Range's annual …

لماذا يتعذر عقد صفقة واحدة وشاملة بين حماس وإسرائيل؟

لماذا يتعذر عقد صفقة واحدة وشاملة بين حماس وإسرائيل؟. هناك تقديرات بأن مفاوضات تبادل الأسرى بين حماس وإسرائيل ستكون شاقة ومعقدة (الجزيرة) عوض الرجوب. 26/11/2023. رام الله- يثير اتفاق "الهدنة ...

Rio Tinto sells $19.5 billion in assets to China | Reuters

Chinese state-owned aluminum group Chinalco will invest $19.5 billion in miner Rio Tinto in a deal that will secure resource supplies for China and help cut Rio's heavy debt but also raise ...

What's Behind Alcoa and Chinalco's Latest Stake in Rio Tinto?

Alcoa Inc.'s (AA) contribution of $1.2-billion to the $14-billion that it and Aluminum Corp.

Chinalco's Investment in Rio Tinto: A Great Leap Forward

Chinalco, the Chinese state-owned metals and mining conglomerate, has made a decisive leap forward by agreeing to invest $ 19.5 bn in troubled mining giant Rio Tinto (RTP). This move comes one ...

Rio Tinto Group (RIO) Dividend Yield 2024, Date & History

Rio Tinto Group's next annually dividend payment of $2.58 per share will be made to shareholders on Thursday, April 18, 2024. When was Rio Tinto Group's most recent dividend payment? Rio Tinto Group's most recent annually dividend payment of $1.77 per share was made to shareholders on Thursday, September 21, 2023.

Chinalco deal dead: Rio Tinto

The subscription prices of 1,400 pence per New Rio Tinto plc Share and A$28.29 per New Rio Tinto Limited Share are based on an equivalent price per New Rio Tinto plc Share and per New Rio Tinto Limited Share of US$22.94 converted into pound sterling and Australian dollars at the exchange rates published in the London edition of …

News Analysis: Rio Tinto scraps marriage with Chinalco

When Rio Tinto first came to Chinalco desperately seeking help for easing its debt-driven disaster, Chinalco has made no hesitation to offer it a $19.5 billion plan, a biggest ever one in terms of ...

Chinalco inks deal to invest $19.5 billion in Rio Tinto

Chinalco will be entitled to nominate two new non-executive board members to the Rio Tinto Group. Chinalco will invest an additional $12.3 billion to acquire a part of Rio …

Rio Tinto surges as Chinalco, Alcoa get big stake

ACH. -1.96%. LONDON (MarketWatch) -- Shares in Rio Tinto PLC surged as much as 17% on Friday after Alcoa Inc. and Aluminum Corp. of China said they'd acquired a 12% stake in the mining giant that ...

Rio Tinto unveils new Executive team

Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Joint Company Secretary Tim Paine Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 Category: General Source: Rio Tinto

Rio Tinto update on Simandou

The non-binding heads of agreement, originally signed on 28 October 2016, for Chinalco to acquire Rio Tinto's entire interest in the Simandou iron ore project in Guinea has lapsed. Rio Tinto and Chinalco, who respectively own 45.05 per cent and 39.95 per cent of Simandou, will continue to work with the Government of Guinea to explore other ...