The undeniable economic powerhouse of BC’s northwest coast, Kitimat is home to Canada’s first natural gas export facility—the ...
The Teck smelter in Trail, B.C., produces germanium, a metal essential for the defence industry, and China recently banned ...
Time — and aluminum values — showed Rio Tinto needed Alcan a lot less than the other way around in their $38 billion deal in ...
Add articles to your saved list and come back to them any time. With the benefit of hindsight, it’s clear who got the better deal in the mining industry’s largest deals to date. Time – and ...
Rio Tinto paid USD 44 billion (including assumed debt) for Alcan, a Canadian based bauxite, alumina and aluminum producer, in 2007 but ultimately incurred write-downs of more than USD 23 billion ...
A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year’s $50 billion attempt by BHP ...
When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in the ...
Rio Tinto does not have a great record of M&A either. In 2007, the company bought Alcan for $38 billion, paying a 65% premium for the Canadian aluminum maker to beat other suitors. In the ...
Cyclones hinder repair effort for previous cyclone damage RBC sees possible risk premium to iron ore price Rio may struggle to meet output guidance - analyst "Safety is our priority. As is ...
Rio Tinto and Glencore are in early talks about a potential merger that could create the mining industry's largest-ever deal. Market reactions were mixed, with Rio Tinto shares declining while ...
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