Rio Tinto to Keep Diamond Mine Assets in Australia, an Industrial Info News
PERTH, AUSTRALIA -- (Marketwired) -- 06/27/13 -- Researched by
Industrial Info Resources Australia (Perth, Australia) -- Rio Tinto
plc (NYSE:RIO) has decided to subvert its planned sale of a diamond
mine in Western Australia, which was meant to fetch an estimated $1.3
billion for the company. It was supposed to be a part of a string of
planned sales -- including Rio's coal, iron ore and copper assets --
that would help the company reduce its net debt of $19 billion.
Other companies featured: BHP Billiton plc (NYSE:BHP), Dominion
Diamond Corporation (NYSE:DDC)
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