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Vale to pay US$2.5bn cash for half of Guinean iron ore project

Vale SA, the world's largest iron-ore producer, has agreed to buy 51% of the BSG Resources iron ore assets...

Africa

30 APRIL 2010

Rio Tinto and Chinalco team up on Simandou

Aluminium Corp of China (Chinalco) will inject US$1.35 billion into Rio Tinto's Simandou Iron Ore project...

Africa

19 MARCH 2010

Rio Tinto and Chinalco may team up again

Rio Tinto and its largest shareholder, Aluminium Corp of China (Chinalco) have signed a memorandum of...

Africa

19 MARCH 2010

Rio Tinto unveils debt recovery plan

Rio Tinto revealed on Wednesday it would axe 14,000 jobs, cut capital spending by more than half and...

Africa

11 DECEMBER 2008