Date: 3 months ago   Category: Economy

Rio Tinto is close to sale of the Canadian assets


The Australian corporation Rio Tinto, the second-large supplier of iron ore in the world, is close to sale of the Canadian assets offered for sale in the first half of the current year the Iron Ore Company of Canada Company (IOC) in which Rio Tinto owns 58,7% of stocks which cost is estimated approximately at $6 billion reports the British media
of
, has capacities for annual release up to 22 million t of an iron ore concentrate. The plant on release of pellets with a productivity of 10 million t a year also is a part of the company. The company extracts iron ore on the peninsula of Labrador in the northeast of Canada and Seth-or (provints3iya Quebec) on a branch line 418 km long delivers finished goods to the port.

of Rio Tinto already tried to offer the equity stake of IOC for sale in 2013, but then she was prevented by the decrease in the world prices for iron ore which has led to falling of cost of this asset. However recently the world market of iron ore looks quite steady.

As reports Rio Tinto, interest in acquisition of a controlling stake of IOC was already expressed by multinational metallurgical corporation ArcelorMittal and the largest diversified mining company Teck Resources of Canada.

URL:




Today

just now

The Mitsubishi company for the first time in 11 years celebrates recognition of its model by the car of year in the country. At the Conference of automobile researchers and journalists of Japan, withi...

just now

Husqvarna, presented the new Husqvrana 120 Mark II chainsaw, easy and convenient model (4.85 kg) for private use intended for a wood pileniye on the seasonal dacha, rolls of small trees, preparations...

just now

LADA XRAY with the lowest price tag got to lenses of espionage cameras. This car is not presented to the Russian consumer yet. The body of a novelty received Black Pearl color, the car is equipped wit...

just now

The Brazilian refuses to pass into Real because of the captain "бланкос" Sergio Ramos, Don Balon reports. the Shocking details of the contract of Neymar with PSG - the club pays for an applause to fans and lack of criticism of arbitrators of according to a source, Neymar is ready to move to Madrid on condition of sale of Ramos who is the long-t...

just now

One and a half years ago Rosi Huntington-Uaytli gave birth to the firstborn and quickly enough returned to shooting - the model is engaged in development of the brand and cooperates with others. All t...

just now

The new byyuti-show with Tereshin's participation struck network and users are afraid that it only the beginning of its acting career and further he will captivate the Russian television. of Social...

just now

The Odessa juniors became prize-winners of the World Cup in sports acrobatics. This information was published by the press service of the Odessa city council. in competitions fought about 500 athl...

just now

While virtual little men in the world of Frostpunk very much cling to life, at the game everything is good - it continues to develop. Recently strategy received updating with the "infinite" mode. At...