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Rio Tinto News

News on Rio Tinto continually updated from thousands of sources around the net.

Yesterday | The Age

Rio completes $US349m Alcan sale

Australia's second biggest miner, Rio Tinto Ltd, has completed the sale of Alcan Composites to Swiss-based machinery maker Schweiter Technologies for $US349 million .

Comment?

Related Topix: Mining

Sun Nov 29, 2009

The Motley Fool

Don't Fight This Discounter's Battles

Penny for your thoughts? How about a dollar -- Dollar General , that is. The deep discount retailer returned to the public markets with an IPO a few weeks ago that granted it a P/E multiple nearly double that of Wal-Mart Stores .

Comment?

Related Topix: Retail, Wal Mart Stores, Dollar Tree Stores, Mining, Costco Wholesale

Fri Nov 27, 2009

The Age

Rio says 1,000 workers needed in Pilbara

Rio Tinto Ltd says it will need as many as 1,000 new employees when its iron ore operations in Western Australia's Pilbara region expand.

Comment?

Related Topix: Mining, Australia, Oceania, World News

Thu Nov 26, 2009

MarketWatch

London Markets: British shares drop as banks, miners slide

U.K. shares traded sharply lower on Thursday, as investors took some profits off the table by selling miners and banks in particular.

Comment?

Related Topix: Mining, Banking, Barclays plc

Wed Nov 25, 2009

The Age

Warrants offer chance to exploit weak UK market

TWO large Australian mining companies are listed on the London Stock Exchange as well as the Australian Securities Exchange - BHP Billiton and Rio Tinto.

Comment?

Related Topix: Mining, BHP Billiton, Metals

Tue Nov 24, 2009

The Age

Iron ore love-in hot, strong

THE Pilbara love-in between Rio Tinto and Kerry Stokes' 52 per cent-owned iron ore junior, Iron Ore Holdings, has been expanded to include a possible deal on IOH's fast-growing Iron Valley resource.

Comment?

Related Topix: Mining

Mon Nov 23, 2009

The Age

Rio Tinto eyes Iron Valley deposit

Rio Tinto Ltd says it may buy Iron Ore Holdings Ltd's Iron Valley deposit in Western Australia's Pilbara region.

Comment?

Related Topix: Mining

Sun Nov 22, 2009

Herald Star Online

ThyssenKrupp sells American-based s.....

German steelmaker ThyssenKrupp AG said it has sold its industrial services unit North American Safway Group to a private equity company based in New York, Odyssey Investment Partners LLC.

Comment?

Related Topix: Steel, Mining, Financial Services, Investment Services, Canada, Alabama, BHP Billiton

Sat Nov 21, 2009

The Age

Rio to receive $US741 million

Global miner Rio Tinto says it will receive total proceeds of at least $US741 million in connection with the recent initial public offering of Cloud Peak Energy Inc, and related transactions.

Comment?

Related Topix: Mining

MarketWatch

London Markets: Miners, oil producers pressured in lower London

British stocks traded lower on Friday, with commodity-sector stocks under pressure as oil and gold futures declined and as broker downgrades weighed on shares of several travel firms.

Comment?

Related Topix: Financial Markets, Banking, Barclays plc, Mining

Fri Nov 20, 2009

MarketWatch

Before the Bell: Dell, D.R. Horton, Rio Tinto in the spotlight

U.S. stock futures on Friday pointed to a weaker start, hurt in part by Dell's worse-than-forecast profit drop as traders moved toward safer securities like bonds.

Comment?

Related Topix: Construction, Horton D R, Mining, Computers, Dell, Financial Markets, BHP Billiton, Metals

Thu Nov 19, 2009

Clover Herald

Fortinet shares soar on first day of trading

Shares of Fortinet Inc. rose sharply in the company's first day of trading on the Nasdaq, another sign that the recently moribund IPO market is coming back to life.

Comment?

Related Topix: Startups, Fortinet, Science / Technology, Computer Security, Sunnyvale, CA, Mining

Wed Nov 18, 2009

Reuters

OECD recovery needed to spur consumers, trade-Rio

OECD economies must recover for the resurgence of international trade and consumer spending needed for miner Rio Tinto and other industries to be on a sustainable footing, its chief executive said on Saturday.

Comment?

Related Topix: Mining

Mon Nov 16, 2009

Business Report

Steel makers ask EU to block mining deal

European steel makers called Monday on EU antitrust regulators to block a joint venture between the world's No.

Comment?

Related Topix: Mining, BHP Billiton, Metals

Sun Nov 15, 2009

International Business Times

Rio Tinto's U.S. coal unit could face tepid demand

Anglo-Australian miner Rio Tinto Plc is hoping to raise $520 million by spinning off its U.S. coal business, but analysts cautioned that demand for the offering could be tepid.

Comment?

Related Topix: Mining

Fri Nov 13, 2009

News.com.au

Barnett warned on merge danger

MEGA MERGER: BHP Billiton is planning to share its Pilbara operations with rival mining giant Rio Tinot.

Comment?

Related Topix: Mining, Australia, World News

Thu Nov 12, 2009

The Motley Fool

Time for BHP to Launch a Takeover Effort?

Little more than a year ago, BHP Billiton , the world's largest mining company, was trying to coax its fellow mining giant Rio Tinto into a combination of the two companies.

Comment?

Related Topix: Mining, BHP Billiton, Real Estate

News.com.au

Calls for speedy resolution to Hu case

THE Federal Government has called for Rio Tinto executive Stern Hu's case to be fast-tracked, after it emerged he'll remain imprisoned in China for at least another two months.

Comment?

Related Topix: Mining

The Age

Rio in alliance with Chile's CODELCO

Rio Tinto Ltd and Chile's state-owned copper mining company have entered into an alliance to jointly pursue `next generation' copper mining and processing technology development.

Comment?

Related Topix: Mining

Wed Nov 11, 2009

NEWS.com.au

WA's tough talk on BHP-Rio merger

Said he was 'straight to the point' Markets : Latest trading news and more WEST Australian Premier Colin Barnett has warned BHP Billiton and Rio Tinto he could spike their contentious plan to merge their Pilbara iron ore operations by not passing vital legislation if they do not agree to pay raised royalties.

Comment?

Related Topix: Mining

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