RIO rio tinto limited

News: RIO Rio Tinto says to sell Lochaber assets for $410 million

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    Nov 23 (Reuters) - Rio Tinto Plc RIO.L :

    • Rio Tinto agrees sale of its Lochaber assets for $410 million
    • Agreement comprises sale of 100 pct shareholding in Alcan Aluminium UK ,Hydroelectric facilities at Kinlochleven, Lochaber
    • Agreement includes a payment on completion of 180 million stg, plus an additional payment of 150 million stg not later than 28 February 2017
    • Sale is subject to certain conditions precedent and consultation with employees. It is expected to close mid-December 2016
 
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Last
$115.54
Change
-0.790(0.68%)
Mkt cap ! $42.89B
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