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Results 1 - 7 of 7 for chinalco

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  1. Artful Chinalco still faces big problems in Rio deal

    Posted Mar 05th 2009, 12:00am by Tom Holland

    ... with Tom Holland Everyone agrees that Aluminum Corp of China's (Chinalco) proposed acquisition of an 18 per cent stake in Anglo-Australian mining giant Rio Tinto Group has been more ... and American jobs. The obstacles facing Chinalco are far less formidable. For one thing, Chinese state enterprises are hardly strangers in Australia. Beijing-controlled companies have been the biggest ...

  2. Chinalco confident Rio deal will be approved

    Posted Apr 01st 2009, 12:00am by Eric Ng

    ... Eric Ng Aluminum Corp of China (Chinalco) played down concerns its US$19.5 billion stake acquisition in Rio Tinto Group and its prime mining assets may be rejected by the Australian ... interests and he saw no indications it would be rejected by Canberra. Chinalco was only buying a minority stake in the mining giant that would not hurt the selling prices of Australia's ...

  3. Mutual respect needed in Sino-Australian ties

    Posted Aug 12th 2009, 12:00am by Staff Reporter

    ... In June, a US$19.5 billion plan for mainland state-owned firm Chinalco to increase its stake in Rio collapsed when Rio joined forces with rival miner BHP Billiton. The deal would have been ...

  4. Merger values tumble to below US$96b

    Posted Aug 03rd 2009, 12:00am by Enoch Yiu

    ... ore producer Rio Tinto Group in June cancelled a proposed US$19.5 billion tie-up with mainland state-owned Aluminum Corp of China (Chinalco) amid political opposition in Australia. In March, ...

  5. Mainland firms triple deals abroad to US$26b

    Posted Jul 25th 2008, 12:00am by Tom Miller

    ... Outgoings Mainland Company International target Investment amount (US$b) Feb 2008 Chinalco * Rio Tinto 14.28 Oct 2007 ICBC Standard Bank 5.62 Dec 2007 China INvestment Corp Morgan Stanley 5 Aug 2005 ...

  6. Enter the dragon

    Posted May 12th 2008, 12:00am by Nick Squires

    ... in February, when the Beijing-backed Chinalco teamed up with Alcoa of the US to grab a 9 per cent stake in Rio Tinto, potentially blocking a bid by BHP Billiton to take over its rival iron-ore giant. ... steel production. The Chinalco raid galvanised the Australian government, prompting Mr Rudd to declare that he would defend the 'national interest' in reviewing proposed investments ...

  7. Beijing antitrust law may foil Rio-BHP deal

    Posted Jun 15th 2009, 12:00am by Carol Chan, Martin Zhou

    ... their Western Australian iron ore operations. The deal came after debt-ridden Rio cancelled a proposed US$19.5 billion tie-up with mainland state-owned Aluminum Corp of China (Chinalco) following ...



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