Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
The SpaceX mission
A privately owned unmanned rocket blasts off on a mission to be the first commercial flight to the International Space Station. Slideshow
Chinalco has not decided on next step on Rio: spokesman
HONG KONG |
HONG KONG (Reuters) - Aluminum Corp of China (Chinalco) has not decided on its next step following the collapse of its bid for Rio Tinto, a spokesman for the state-owned Chinese company said on Friday.
"We have not thought through (what to do next)," company vice-president Lu Youqing told Reuters.
Asked why Chinalco had not offered revised terms, Lu said: "This is from both sides, not from one firm."
Chinalco has also not decided whether to participate in Rio Tinto's share placement.
"We have not finalized that. This is a big thing and is not determined by a single person," Lu said.
Chinalco is the parent of Chalco.
(Reporting by Polly Yam; Editing by Chris Lewis)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters