Rio Tinto wants to work with Chinalco: chief
SYDNEY (AFP) –
Anglo-Australian miner Rio Tinto said Tuesday it was interested in collaborating with Chinalco, months after rejecting a massive cash injection from the state-owned Chinese firm.
Rio chief executive Tom Albanese also said the company hoped for a “timely and transparent resolution” of the case against top executive Stern Hu, who was arrested weeks after the 19.5 billion US dollar tie-up collapsed.
“We are still keen to work with Chinalco in future on projects of mutual benefit,” Albanese told a conference in Perth.
“It is too early to say what these might be but I am encouraged that we have had some recent engagement,” he added.
“We want the underlying common interests between Rio Tinto and China to once again drive us towards ever-deepening co-operation.”
Rio snubbed Chinalco’s offer in favour of a joint venture in Western Australia with bitter r…
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