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Rio Tinto Share News (RIO)
Share News for Rio Tinto (RIO)
| Share Price: 2,681.00 | Bid: 2,681.00 | Ask: 2,683.00 | Change: -119.50 (-4.27%) |  | ||||||
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HIG to buy Rio Tinto's French alumina plants
Wed, 28th Mar 2012 11:40
PARIS, March 28 (Reuters) - HIG European Capital Partners has made an offer to acquire three a
Rio Tinto is selling the three plants - located in Gardanne, La Bathie and Beyrede in southern France - as part of a worldwide plan to scale back its activities in aluminium.
The news that HIG was the buyer for the three sites was first reported by French magazine Usine Nouvelle on its website earlier on Wednesday, citing unnamed sources.
(Reporting by Jean-François Rosnoblet and Julien Ponthus; Writing by Elena Berton; Editing by Christian Plumb) Keywords: HIG RIOTINTO
(elena.berton@thomsonreuters.com)(+33149495226)(Reuters Messaging: elena.berton.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
PARIS, March 28 (Reuters) - HIG European Capital Partners has made an offer to acquire three a
lumina plants in France from mining group Rio Tinto, Olivier Boyadjian, managing director of the private equity firm's French unit, said on Wednesday, confirming trade union sources.
Rio Tinto is selling the three plants - located in Gardanne, La Bathie and Beyrede in southern France - as part of a worldwide plan to scale back its activities in aluminium.
The news that HIG was the buyer for the three sites was first reported by French magazine Usine Nouvelle on its website earlier on Wednesday, citing unnamed sources.
(Reporting by Jean-François Rosnoblet and Julien Ponthus; Writing by Elena Berton; Editing by Christian Plumb) Keywords: HIG RIOTINTO
(elena.berton@thomsonreuters.com)(+33149495226)(Reuters Messaging: elena.berton.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
UPDATE 1-Rio Tinto to start exporting Oyu Tolgoi copper on June 21 -sources
* Mongolia pressed Rio to keep export revenue in country* Dispute with government now resolved* Oyu Tolgoi to make up one-third of economy by 2020ULAN[2 Hours Ago]
Rio Tinto to start exporting Oyu Tolgoi copper on June 21 -sources
ULAN BATOR, June 20 (Reuters) - Rio Tinto plans to start exporting copper from the $6.2 billion Oyu Tolgoi mine in Mongolia on Friday, a week later[3 Hours Ago]
UPDATE 2-Mozambique's Renamo threatens to paralyse vital coal railway
* Vale and Rio shipments would be affected* Political tensions high between civil war rivalsBy Marina LopesMAPUTO, June 19 (Reuters) - The Renamo oppo[Yesterday 14:06]
Mozambique's Renamo threatens to "paralyse" coal export line
MAPUTO, June 19 (Reuters) - Mozambique's Renamo opposition party, a former civil war guerrilla organisation, threatened on Wednesday to "paralyse" the[Yesterday 10:14]
UPDATE 1-Rio Tinto to cut over 40 jobs in Australian iron ore unit
* Rio Tinto says move will help 'delayer' some management roles* Company employs around 10,000 in Australian iron ore divisionSYDNEY, June 19 (Reuters[Yesterday 09:12]
Rio Tinto to cut about 40 jobs in Australian iron ore unit
SYDNEY, June 19 (Reuters) - Rio Tinto , the world's second-biggest iron ore producer, is cutting more than 40 office jobs in its Australian iron ore d[Yesterday 08:17]
UPDATE 3-Brazil mine bill would double top royalty rate
* Bill to require rights to be developed or lost * Introduces auction system for some mining prospects * Vale CEO says would have "major impac[Tue 21:44]
CORRECTED (OFFICIAL)-UPDATE 2-Brazil mine bill proposes royalty hike
(Government corrects royalty figure to say it will be up to 4 percent with some exceptions in 8th and 9th paragraphs (not 0.5 percent to 4 percent)[Tue 21:32]
