Rio Tinto and China deal off

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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bernardho

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Rio Tinto and China deal off

posted on Jun 04, 2009 06:31PM

News from China:

Rio Tinto deal with China is off, compensate US 190 million for expense and penalty

China company was upset about the call off of the deal.

Rio Tinto will go on PP as the market and minerals price are getting better.

In addition ,Government of Australia did not support the deal.

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