Reuters
Rio Tinto Says Its not right Time for Aluminum Unit Sale
Edited by : AL CIRCLE
1 min read
Global miner Rio Tinto said now was not the right time to be trying to sell its Pacific Aluminum business, which it is looking to spin off after taking an $8.9 billion writedown on its aluminum business.
"At present these are tough conditions to be selling aluminum assets," Chief Financial Officer Guy Elliott told reporters after the group reported its annual results.
"At present these are tough conditions to be selling aluminum assets," Chief Financial Officer Guy Elliott told reporters after the group reported its annual results.
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