Global News
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Worldwide
Rio Tinto Hopes to Sell Alumina Plants by SeptemberRio Tinto hopes to seal the sale of four alumina plants in France and Germany by the end of September. Rio Tinto Alcan said at the end of March it had received a binding offer from private equity group HIG for its three specialty alumina plants in France and one in Germany and would respond to the offer after consulting unions. The world's third-largest diversified miner is selling the non-metallurgical grade alumina plants – in Gardanne, La Bathie and Beyrede in Southern France and Teutschenthal in Germany – as part of a worldwide plan to scale back its aluminium business (5/2012). |
