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Rio Tinto notes the recent announcement from BHP Billiton involving a proposed acquisition of Rio Tinto. Under this proposal each Rio Tinto share would be exchanged for three BHP Billiton shares. The Boards of Rio Tinto have given the proposal careful consideration and concluded that it significantly undervalues Rio Tinto and its prospects. Accordingly, the… Read more »
As part of the Groupwide strategic review announced at the time of the acquisition of Alcan, Rio Tinto has decided to explore options for the sale of some or all of Rio Tinto Energy America. Rio Tinto Energy America is the second largest US coal producer by tonnage, with a competitive position in the US… Read more »
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