ASSESSMENTS
China: Mining the Possibilities of Rio Tinto
Feb 18, 2008 | 08:39 GMT
TONY ASHBY/AFP/Getty Images
Summary
The Aluminum Corp. of China (Chinalco) will consider bidding for a majority stake in the Rio Tinto Group should another company attempt a Rio Tinto takeover, a STRATFOR source said Feb. 18. Chinalco’s interest in Rio Tinto is consistent with Beijing’s policy of snapping up global energy assets — but more than aluminum is at stake here.
Proceed to sign up
Register NowAlready have an account?
Sign In