Rio streamlines Alcan

MINING major Rio Tinto is streamlining its aluminium product group into a new unit and is looking to divest seven of its non-core assets, including the Gove bauxite mine and alumina refinery and the Boyne, Tomago and Bell Bay smelters in Australia.

Rio streamlines Alcan Rio streamlines Alcan Rio streamlines Alcan Rio streamlines Alcan Rio streamlines Alcan

The mining giant said the move would allow its Alcan unit to focus on improving its financial performance and growing so-called tier one assets, namely its assets in North and South America.

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