MINER'S RIGHT

Rio refocuses on aluminium

For most of the past 10 years, aluminium has been a dirty word at Rio Tinto, rarely mentioned and then with great caution after the spectacularly ill-timed US$44 billion, all-cash, acquisition of Canada’s Alcan in mid-2007.

Rio's much maligned aluminium business is working its way back to the fore in the major's diversified portfolio

Rio's much maligned aluminium business is working its way back to the fore in the major's diversified portfolio

Now, with the 10th anniversary of the deal due to be celebrated (or commiserated) on July 7, something significant is happening. Aluminium is making a comeback thanks to a modestly higher price, reasonable...

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