Sept 14 (Reuters) - Rio Tinto RIO.L (RIO) said on Friday that Norway's Hydro NHY.OL had dropped plans to buy several of the miner's assets, including an aluminium plant in Iceland for $345 million.
In February, Hydro made an offer to buy the aluminium plant, as well as a 53 percent stake in a Dutch anode facility and 50 percent of the shares in a Swedish aluminium fluoride plant, as part of its efforts to make its output as green as possible and bolster its position in Europe.
Hydro said in a separate statement it had dropped plans to buy the assets because approval from European Commission competition regulators was taking longer than anticipated.
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Last
$115.31 |
Change
-0.130(0.11%) |
Mkt cap ! $42.80B | |||
| Open | High | Low | Value | Volume |
| $115.39 | $116.15 | $114.86 | $81.85M | 709.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81 | $115.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.55 | 79 | 1 |
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| Last trade - 16.15pm 15/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |