Rio Tinto to sell assets to Vale

News by BMI Editorial

Rio Tinto has agreed to sell its undeveloped potash assets, largely comprising the Potasio Rio Colorado (PRC) potash project in Argentina and its Corumbá iron ore mine in Brazil and the associated river logistics operations in Paraguay, to Brazilian mining company Vale for a total cash consideration of US$1.6B

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Business Business/Commerce Miscellaneous Finance/Financial Results Materials & Commodities Alcan America - South Argentina Brazil Coal Iron Ore Places Rio Tinto Rio Tinto Alcan Vale

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