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| Saturday, August 30, 2008 06:00:10 |
Rio Tinto seeks mining co-operation with state firms
Rio Tinto Group chief executive Tom Albanese told the South China Morning Post he hoped the Australian miner could co-operate with Chinese state-owned enterprises on overseas investments in mineral and energy sources. Albanese said the Australian mining group was looking for state firms that can bring in capital or had access to infrastructure. He identified Aluminum Corp of China (Chinalco) as a potential joint venture partner. Chinalco is Rio Tinto’s biggest shareholder having paid US$14 billion for a 9% ...
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