Rio Tinto PLC (RIO.L)
12 Nov 2018
PARIS Industralist Sanjeev Gupta's Liberty steel company has secured the financing for its acquisition of a Dunkirk aluminum smelter from Rio Tinto.
(Adds Trump comments, updates prices) BEIJING, Oct 30 Zinc and copper prices dropped on Tuesday, along with other base metals, after U.S. President Donald Trump warned new tariffs on Chinese goods in the absence of a trade agreement with China. Trump told FOX News Channel's "The Ingraham Angle" that he thinks there will be "a great deal" with China on trade, but warned that he has billions of dollars worth of new tariffs ready to go if a deal is not possible. Bloomberg N
* Rally could be short-lived - analyst (Updates with closing prices)
* Permits, documents, money still needed for deal -Inalum CEO
* Indonesia's Energy Ministry plans to hold a ceremony on Thursday to mark the finalisation of a share purchase agreement involving Freeport McMoRan, Rio Tinto, and state miner Inalum, the ministry said in a document
LONDON European shares surfed a worldwide rise in stock markets on Thursday as fading concerns about the trade war between the United States and China lifted investors into a risk taking mood.
Global miner Rio Tinto will return $3.2 billion to shareholders from its sale of Australian coal assets this year in addition to existing buyback programs, it said on Thursday.
Global miner Rio Tinto will return $3.2 billion to shareholders from its sale of Australian coal assets this year in addition to existing buyback programmes, it said on Thursday.
* Lack of good assets to buy (Adds context, share price move)
LONDON, Sept 20 European shares extended their rally on Thursday as U.S.-China trade war fears were set aside and investors focused on bullish macroeconomic and corporate news.