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PRESS: Rio Tinto In Dispute With Dunkirk Smelter Buyer - FT

Mon, 02nd Sep 2019 12:44

LONDON (Alliance News) - Rio Tinto PLC is facing a USD50 million haggle with Liberty House, the Financial Times reported on Sunday.

Liberty House purchased an aluminium smelter in Dunkirk, France from Rio Tinto for USD500 million in 2018.

However, Rio Tinto is asking for USD50 million to settle the deal, the FT said, with Liberty Capital refusing to pay.

https://www.ft.com/content/dd89d350-cafa-11e9-a1f4-3669401ba76f

Rio Tinto shares were 0.7% higher on Monday in London at a price of 4,180.37 pence each.

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