LSE:RIOMetals and Mining
Rio Tinto Reshapes Low Carbon Aluminium And Copper Profile With Deals
Rio Tinto Group (LSE:RIO) and Chalco have agreed to acquire a controlling stake in Brazil based aluminium producer Companhia Brasileira de Alumínio, expanding Rio Tinto's low carbon aluminium footprint in Latin America.
In parallel, Rio Tinto is in landmark merger talks with Glencore that, if completed, could create the world's largest copper miner.
Together, these transactions point to a material reshaping of Rio Tinto's aluminium and copper exposure and its role in key energy transition...