Rio Tinto response to press speculation

by mativen | February 2, 2009 at 03:49 am
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Rio Tinto notes the recent press speculation regarding discussions with Chinalco, an existing shareholder.

As previously announced, the Boards of Rio Tinto are continuing to consider a range of options. In this regard, Rio Tinto confirms that it has held discussions with Chinalco regarding Chinalco acquiring minority interests in various operating businesses of the Rio Tinto group and also investing in convertible instruments.

There can be no certainty that a transaction will ultimately take place and any possible transaction would be conditional upon approval by the shareholders of Rio Tinto and all necessary government and regulatory authorities.

Read more at Mining Plazza,

Rob Walker
Rob Walker
flagged this story as Needs Improvement

at 04:24 on February 2nd, 2009

I wasnt sure what was newsworthy in this story. News should always be about posting current stuff - new things you've discovered. Please review What Makes News News. It can really help ify ou follow the old "W5" news formula -- making sure you have answered the questions: Who? What? Where? When? And Why? (You might want to check out our J-Tips for more help.)

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