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Chinalco to invest $19.5 billion in Rio Tinto
(Reuters)

February 12th, 2009 · No Comments

An undated handout photo shows a worker tapping titanium as it comes out of a furnace at Richards Bay Minerals smelter in South Africa. (Rio Tinto/Handout/Reuters)Reuters – Chinese state-owned aluminum group Chinalco will invest $19.5 billion in miner Rio Tinto in a deal that will secure resource supplies for China and help cut Rio’s debts.




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[Source: Yahoo! News: Business]

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