Rio Tinto PLC (RIO.L)
28 Nov 2014
|Market Cap (Mil.):||£56,475.34|
|Shares Outstanding (Mil.):||1,849.68|
* Says Glencore could keep pursuing Rio Tinto (Adds comments on Glencore pursuit of Rio Tinto, changes date)
* Lower prices stoke concerns for Australian commodities exports
SYDNEY, Nov 28 - Global miner Rio Tinto holds excess cash to return to shareholders next year, Chief Executive Sam Walsh said.
MELBOURNE - Rio Tinto has decided to defer plans to build a $1 billion iron ore mine in Australia, but the world's No. 2 iron ore producer said it still expects to reach its expansion target of 350 million tonnes a year by 2017.
Nov 26 - Global miner Rio Tinto said it approved the development of a fourth pipe at its Diavik diamond mine in Canada's Northwest Territories.
(Repeats with no changes to text) - Clyde Russell is a Reuters columnist. The views expressed are his own. -
- Clyde Russell is a Reuters columnist. The views expressed are his own. -
* 76 shares up, 110 down, 13 unchanged (Adds analysis, quotes, stocks on the move)
PALM BEACH, Fla., Nov 13 - Rio Tinto's Kennecott copper smelter may toll third-party concentrate on a large scale for the first time next year, as the second-biggest U.S. copper producer tackles falling output due to low ore grades from its mine, five sources said.
PALM BEACH, Fla., Nov 12 - Rio Tinto's Kennecott copper smelter is considering treating third-party concentrate on a large scale for the first time, as the second-biggest U.S. copper producer tries to tackle falling ore grades from its nearby mine, four sources said.