Price spike revives Rio's PacAl sale ambitions

CHINA'S crackdown on so-called illegal aluminium production, and its proposed ordered cutbacks on environmental grounds during the winter heating period, has worked wonders on the price of the lightweight metal. By Barry FitzGerald

Price spike revives Rio's PacAl sale ambitions Price spike revives Rio's PacAl sale ambitions Price spike revives Rio's PacAl sale ambitions Price spike revives Rio's PacAl sale ambitions Price spike revives Rio's PacAl sale ambitions

It could also work wonders for Rio Tinto shareholders if, as is suspected, the company bags upwards of US$2 billion for its Pacific Aluminium unit.