This is the biggest challenge facing Rio Tinto LimitedThe biggest challenge facing Rio Tinto Limited (ASX: RIO) is not the outlook for the iron ore price, but rather its reliance on iron ore. Undoubtedly, the future performance of iron ore could ...
Rio Says Chinalco Pact for 1 Billion Simandou Stake Has Lapsed · Rio and its partner, known as Chinalco, will work with Guinea's government "to explore other options to realize value" from the asset, Rio said Monday in a statement. Development of Simandou, which holds an estimated 2 billion metric tons of iron ore, has been hampered by issues including infrastructure requirements.
China Probes Tech, Industry Minister for Alleged Violations · Copied. Chinese authorities are investigating the Minister of Industry and Information Technology Xiao Yaqing on suspicion of disciplinary violations, making him the most senior sitting cabinet ...
Rio Tinto: Don't Overthink This 13% Yield · Our 2032 price target for Rio Tinto is 130 per share, implying a return of 13% per annum with dividends reinvested. Combining the effects of inflation, buybacks, and acquisitions, we think Rio ...
Rio Tinto and Chinalco sign 20bn Guinea iron ore deal · Rio Tinto will take a % stake in the project, Chinalco %, Guinea % and IFC %. Rio was first awarded concessions to Simandou almost 10 years ago, but was forced to give up those in ...
Snubbed China may apply antimonopoly law to Rio TintoBHP Billiton deal · Debtridden mining giant Rio Tinto had terminated its planned deal with Chinese giant Chinalco on 5 June 2009, under sustained opposition from shareholdrs, opting instead to raise ...
Chinalco: Rio Tinto deal won't change prices | Shanghai Daily · THE new chief of Aluminum Corp. of China said today its plans to double its stake in Rio Tinto would not give it control over the prices charged by the global miner. Chinalco President Xiong Weiping's comments...
BHP drops hostile bid for Rio Tinto · Nov. 25, 2008 HONG KONG — BHP Billiton, the world's largest mining company, on Tuesday abandoned its drawnout hostile bid to acquire Rio Tinto, saying the turmoil in the financial markets,...
How has Australia dealt with China in the past and what does this . · By the mid1980s, China had become Australia's third largest export destination. Then in 1989, the relationship was shaken like never before. During the Tiananmen Square massacre, the Chinese...
Juukan Gorge inquiry: Rio Tinto's decision to blow up Indigenous . · The majority bipartisan interim report said Rio Tinto's decision to destroy two rock shelters in Juukan Gorge, against the wishes of the traditional owners and despite knowing the archaeological ...
Rio's borates move may be sign of strength · Rio Tinto's move to take its borates business off the market has led to speculation that the company's finances may be stronger than thought. The world's thirdlargest miner announced over the ...
The South–South investment that never happened: Vale in Guinea1 day ago · In July 2008, under the presidency of the late Lansana Conté (1984–2008), the Guinean government controversially decided to strip Rio Tinto of half of its mining rights to the Simandou project (blocks 1 and 2), alleging that the company failed to comply with the applicable 1995 mining code ( ICSID, 2014, p. 13).
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 <>, it said on Friday, injecting impetus into the longstalled scheme to ...
Bring Rio Tinto Down Under, fixing branch stacking, SP index . · One such company with a big Chinese connection is Londonbased Rio Tinto. It has stateowned Chinalco as its largest shareholder with a 14 per cent stake in Rio Tinto's UK listed shares which were worth billion based on Friday's closing price in Australia of
Guinea signs framework deal with Rio, Chinalco for 20 bln . · By Saliou Samb CONAKRY (Reuters) Guinea signed a deal with Rio Tinto, Chinalco and the International Finance Corporation on Monday, setting out conditions for massive infrastructure investment to...
China in Australia: The Discourses of Changst · This reading of China as but a copy of Western capitalism evokes anxiety because its distinctive forms of capital flow disrupt the comforting teleology. Equally, when Chinese society, including its...
Why miners' dividend deluge is different this time · There are two reasons for this that didn't exist in previous cycles. The first is the lack of bigticket deals that almost inevitably ended in some level of pain. "Normally at the top of the cycle...
Chinalco: Latest News Videos, Photos about Chinalco | The . · Australian watchdog gives nod to ChinalcoRio deal Australia's competition watchdog said on Wednesday that it will not stand in the way of China's Chinalco investing billion US dollars in AngloAustralian mining giant Rio Tinto. 25 Mar, 2009, AM IST China hunts for resources as valuations decline
Corporate dysfunction on Indigenous affairs: Why heads rolled at Rio Tinto · Rio Tinto announcement to ASX. Why did the company commit this egregious act of cultural vandalism?. There are several layers to the answer. First, Rio Tinto's iron ore division was under ...
Documents reveal government's multimillion offer to Rio Tinto . · Rio Tinto was urgently seeking a deal to deliver a big cut in its 60 millionayear power lines or transmission charges. While campaigning in Southland ahead of the 2020 election Prime Minister Jacinda Ardern said: "We have said we do not believe we should be giving a direct government subsidy to Rio Tinto, so that's not what we will be ...
Should You Buy Rio Tinto for Its 17% Dividend Yield? · The answer, of course, is that iron ore prices went up. And they didn't just go up a bit, then went into the stratosphere. For example, in 2002, the price of a tonne of iron ore was around 10, but by 2008 it had increased to a previously unthinkable 195. That's a 20fold increase and it was almost entirely responsible for Rio Tinto's 27fold increase in iron ore .
Rio Tinto shares down on Chinalco deal fearsSYDNEY (MarketWatch) Rio Tinto Ltd. undefined shares fell sharply Wednesday as speculation increased that the Australian government may reject the...
Paul Monk: dealing with China · To recap, Chinalco, part of China's emerging big resource companies sector, is ready and able to take an effective 18% of the debtburdened Rio group for around 30 billion dollars. The final decision on whether the deal goes ahead rests with the treasurer, Wayne Swan. Paul Monk is a longtime China watcher and commentator.
