Have been discussing with many people at work this question....rio need 20billion roughly to reduce gearing to pay off debt....
the govt should negotiate to take a stake in rio instead of chinalco...can you imagine the saudis letting china inc take a stake in their oil fields??? the russians???
the govt could take a stake and then sell it in say 5-10 years...guaranteed to make money on it, and would be in the best interests of this nation
cheers everyone
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govt should take a stake in rio
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