Alcan News

Bemis Co., whose clear plastic packages hold everything from batteries to burgers, said late Sunday it is paying $1.2 billion for the global packaging business of Rio Tinto PLC.

In one breath, Bemis Co. Inc. grew from a $3.8 billion company to one with sales projected at $5.3 billion, with additional growth likely down the road.

Rio Tinto has sold a division of its Alcan unit for $1.2 billion as it continues to reduce debt, the Anglo-Australian miner said in a statement Monday.

Novelis Inc. today announced that Antonio Tadeu Coelho Nardocci has been appointed President, Novelis Europe, effectively immediately.

Rio Tinto Group Plc , the worlda s third-largest mining company, may accept offers for parts of its aeronautics and automotive division after abandoning the sale of a minerals unit last week.

Rio Tinto Alcan has received a C$175 million loan from the Quebec provincial government to continue construction of a state-of-the-art AP50 pilot plant in the Saguenay-Lac-Saint-Jean region.

AUSTRALIAN miner Rio Tinto plans to sell its 27-percent stake in a China-based aluminum processor for US$3 million, its Chinese partner in the venture said.

Tom Albanese's proposed bailout of Rio Tinto Group by Aluminum Corp. of China may be his last chance to hold on as chief executive officer.

" report to their offering. This report analyzes the worldwide markets for Aluminum in Thousands of Tons.

The president of the union representing some 450 hourly workers at Rio Tinto Alcan's Sebree smelter said he is "terribly disappointed" by the company's decision to lay off 60 union workers and replace them with contractors.

Last night, in an interview with Global BC's John Daly , provincial New Democrat attorney general critic Leonard Krog , called for an "independent investigation" into former provincial Liberal campaign co-chair Patrick Kinsella .

The B.C. Court of Appeal issued two rulings Wednesday upholding the rights of first nations to be consulted by government, which will affect two major power projects in B.C. In one case, the court struck down a ...

Two major power projects approved by the British Columbia Utilities Commission have been delayed by rulings issued by the B.C. Court of Appeal.

Shares in Rio Tinto fell in London on Thursday after the Anglo-Australian miner announced a landmark $US19.5 billion deal with major shareholder Chinalco.

The chief executive of Rio Tinto Ltd. defended a massive Chinese investment in his company on Thursday, noting that the proposed deal gives Rio flexibility in case the global economic downturn is prolonged.

Rio Tinto Group minority shareholders are a oedeeply concerneda by Aluminum Corp.

Rio Tinto Group shares fell and debt default risk jumped after the worlda s third-largest mining company agreed to a $19.5 billion investment by its largest shareholder Aluminum Corp.

Rio Tinto Ltd will sell stakes in key iron ore and aluminium operations in Australia to major shareholder Chinalco as part of a $US19.5 billion deal to help reduce its onerous debt.

Amcor Ltd. , Australiaa s biggest packaging company, is in talks to acquire part of Rio Tinto Groupa s aluminum-packaging unit as the mining company tries to sell assets to pay down debt.

MELBOURNE, AUSTRALIA -- Amcor Ltd. has confirmed it is in talks to buy part of the Alcan Packaging business acquired by Rio Tinto plc in late 2007.