Finance > M-a

Rio to cut more aluminium ties

Rio Tinto (LN:RIO) is to further reduce its aluminium leverage after receiving a binding offer from Norsk Hydro (OS:NHY) for its ISAL smelter in Iceland, the 53.3% stake in the Aluchemie anode plant in the Netherlands and a 50% share in an aluminium fluoride plant in Sweden.

Staff reporter

Finance > M-a

Rio to cut more aluminium ties

Rio Tinto (LN:RIO) is to further reduce its aluminium leverage after receiving a binding offer from Norsk Hydro (OS:NHY) for its ISAL smelter in Iceland, the 53.3% stake in the Aluchemie anode plant in the Netherlands and a 50% share in an aluminium fluoride plant in Sweden.

Staff reporter

Rio to cut more aluminium ties

Rio's ISAL smelter is powered by renewable energy

Rio Tinto Iceland