CAPITAL MARKETS

Rio shrugs off market rumours

RIO Tinto chief executive Tom Albanese has brushed off rumours the company is eyeing a takeover of alumina giant Alcoa, and would not be drawn on the possible sale of its stakes in Extract Resources and Kalahari Minerals to Chinese interests.

MiningNews.Net
Rio shrugs off market rumours

Speaking to journalists after the company’s annual general meeting in Perth today, Albanese acknowledged he had seen “some trader chatter” over the past day or two on a possible takeover of Alcoa, but...

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