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Rio Tinto and Chinalco have had a mixed courtship, with Rio Tinto in 2009 walking away from a US billion deal that would have allowed Chinalco to .
The venture is subject to Chinese regulatory approvals and, once established, will operate under the name Chinalco Rio Tinto Exploration Co. Ltd. (CRTX).Xiong Weiping, president of Chinalco, and Tom Albanese, chief executive of Rio Tinto, executed the joint venture contract during a .
Mining giant Rio Tinto will start exploring for copper in China with partner Chinalco in China, it said on Friday, announcing that the exploration joint venture (JV) had been officially registered ...
Company Intends to Make Cash to Purchase Units of Labrador Iron Ore On Dec 14, 2000 from Unknown Unlock indepth intelligence about Rio Tinto Mining and Exploration Ltd As data gatherers for over 30 years, Mining Intelligence is your trusted resource to put critical and timely information at your fingertips.
Chinalco and Rio Tinto will explore mainland China for world class mineral deposits under a joint venture formalized. The JV is subject to Chinese regulatory approvals and once established will operate under the name Chinalco Rio Tinto Exploration Co Ltd.
A Chinalco media spokesman confirmed the joint venture, named Chinalco Rio Tinto Exploration Co, was being disbanded, but did not provide further details. The breakup was first reported by Bloomberg.
Chinalco and Rio Tinto will explore mainland China for worldclass mineral deposits under a joint venture (JV) formalised today. The JV is subject to Chinese regulatory approvals and once established will operate under the name Chinalco Rio Tinto Exploration Co. Ltd. (CRTX)
Nov 28, 2011· Copper investments in Asia look attractive and Rio Tinto Plc. stands to cash in on the opportunities.
Nov 28, 2011· Copper investments in Asia look attractive and given the pros and cons, Rio Tinto Plc. (NYSE:RIO News) stands to cash in on the opportunities. The Mongolian Government predicts an economic boom ...
The new joint venture, the Chinalco Rio Tinto Exploration Co. Ltd (CRTX), will be 51 percent owned by the Chinese firm and will concentrate on copper exploration as its "immediate priority", with coal and potash to be considered at a later stage, Rio Tinto said.
Rio Tinto and Chinalco have a history of working together and Chinalcois one of Rio Tinto's biggest shareholders. In 2010 the two companies signeda nonbinding memorandum of understanding for a mineral exploration jointventure in China and set up a joint venture to develop the Simandou iron oreproject in Guinea, West Africa.
Mining giant Rio Tinto has decided to reject a billion deal to sell part of itself to Chinalco, and will instead launch a massive rights issue and a joint venture with rival BHP Billiton.
CYU's main shareholder is Yunnnan Copper Industry (Group) Co. Ltd., which is in turn majorityowned by Chinalco. Chinalco is also the largest shareholder in Rio Tinto, holding around 9% of its ...
SYDNEY, Australia — BHP Billiton Ltd. on Wednesday launched a formal bid for rival mining company Rio Tinto Ltd. valued at billion — the largest ever mining takeover offer.
Rio Tinto and Aluminium Corporation of China (Chinalco) have terminated an exploration joint venture after six years of searching unsuccessfully for copper in China, Chinalco confirmed on Wednesday.
The new joint venture, the Chinalco Rio Tinto Exploration Co Ltd, will be 51 percent owned by the Chinese firm and will concentrate on copper exploration as its "immediate priority", with coal and ...
The company has also entered into a joint venture with Chinalco, China's state owned mining company. Under the name 'Chinalco Rio Tinto Exploration' (CTRX), in which Rio will hold a 49 ...
Rio Tinto and Chinalco have signed a nonbinding agreement whereby Rio Tinto will sell its stake in the Simandou project in Guinea to agreement sets out the proposed principal terms of the sale and includes the aim of signing a binding agreement within six months.
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