Alcan Agrees to Sell Ferroalloy Unit for $136 Mln
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Alcan Inc. has agreed to sell its ferroalloy business to Spain&#39;s Ferroatlantica SL for more than 100 million euros ($136.3 million or C$164.2 Canadian), the world&#39;s second biggest aluminum producer said on Thursday.
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BHP Billiton Limited (BHP) today announced it has agreed to sell its interests in the Laminaria and Corallina oil fields to Paladin Oil &amp; Gas (Australia) Pty Limited, a fully owned subsidiary of Paladin Resources plc, an independent oil and gas company
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Rio Tinto shareholders have backed the Anglo-Australian mining giant&#39;s bid to buy Canada&#39;s Alcan and create the world&#39;s largest aluminium firm, the company said Friday.
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Alcoa Inc. is part of a three-company consortium that will buy a major natural-gas pipeline in Australia for $1.3 billion. The consortium, which includes Diversified Utility &amp; Energy Trusts (DUET) and Alinta
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Global miner Rio Tinto was near a deal to buy Canadian aluminum giant Alcan Inc. for about $100 per share, or $37 billion, The Wall Street Journal Online reported on Thursday.
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Rio Tinto Group agreed yesterday to buy Alcan Inc. for $38.1 billion in cash, overwhelming a hostile bid by Alcoa Inc. to form the world's biggest aluminum maker.
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Alcan Inc.  shares rose 6 percent on Wednesday on speculation a counter offer could emerge to Alcoa Inc.'s  $28.4 billion hostile bid for the big Canadian aluminum maker.
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Anglo-Australian mining group Rio Tinto says its $38.1bn bid to buy Canada's Alcan has been successful .
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Shares in global miner Rio Tinto Ltd./Plc.  hit a record high on Thursday as investors bet it would launch a rival bid for Canada's Alcan Ltd. , topping the $28.8 billion that Alcoa Inc. has offered.
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WORK will begin on one of Australia&#39;s biggest industrial projects within weeks, after Canadian giant Alcan today approved a $2 billion expansion of its alumina refinery in the Northern Territory.
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Anglo-Australian miner Rio Tinto launched a 38.1-billion-dollar offer for Canada&#39;s Alcan on Thursday, trumping US rival Alcoa in a mammoth bid to create the world&#39;s largest aluminium company.
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PITTSBURGH, July 12 -- Alcoa withdrew its $28 billion offer to buy Canadian aluminum rival Alcan on Thursday after being outbid by mining giant Rio Tinto.
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The new aluminum rolled products company to be spun off from Alcan Inc. (AL.TO: Quote, Profile, Research) will assume $2.8 billion of debt, according to a prospectus
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BHP Billiton, the world&#39;s biggest mining company, and Alcoa Inc. said they plan to sell shares in their metal-processing and distribution venture.
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Mining giant Rio Tinto Ltd./Plc.   said on Thursday it has agreed to pay $38.1 billion, or $101 per common share, for Canadian aluminum company Alcan Ltd. .
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Alcoa Inc , the world's largest aluminum company, on Monday extended its outstanding offer to acquire Alcan Inc. , even as it reported a slip in second-quarter profit.
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SHANGHAI, China -- Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company Rio Tinto PLC in a deal believed to be worth $14.05 billion, the companies said Friday.