Rio Tinto Ltd (RIO.AX)
Global miner Rio Tinto said on Thursday it will return $3.2 billion to shareholders following the recent sale of some Australian coal assets.
Sept 20 Global miner Rio Tinto said on Thursday it will return $3.2 billion to shareholders following the recent sale of some Australian coal assets.
Sept 12 Australian shares are expected to come under pressure from mining stocks on Wednesday, with heavyweights BHP Billiton Ltd and Rio Tinto Ltd to lose on lower metal prices. Chinese steel futures fell more than 4 percent and coke prices also tanked after sources suggested China may allow for more flexible production cuts, while base metal prices slid on trade concerns. The local share price index futures fell 14 points to
* Local earnings season, political situation dominate flow of trade
Aug 16 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
BEIJING/MANILA For miners seeking to cater to the changing appetite of China, the world's biggest iron ore importer, all eyes are on Tangshan, the country's biggest steel-making city and the drastic measures it's taking to rein in pollution.
TOKYO Two global aluminum producers have offered Japanese buyers a premium of $159-160 per ton for primary metal shipments for the July-September quarter, up 23-24 percent from the current quarter, four sources directly involved in pricing talks said.
* Producers offer Q3 premiums of $159/T, $160/T, vs $129/T in Q2
MELBOURNE/JAKARTA Global miner Rio Tinto Ltd confirmed on Wednesday it was in discussions to sell its interest in the world's second largest copper mine to Indonesia's state mining holding company Inalum.
* Rio divesting assets that do not meet its return requirements (Adds comment from State Owned Enterprise Minister)