Miner Rio Tinto sells Alcan food packaging division for $1.2 billion to reduce debt

SYDNEY — Rio Tinto has sold a division of its Alcan unit for $1.2 billion as it continues to reduce debt, the Anglo-Australian miner said in a statement Monday.

Chinalco maintains 9.3 percent stake in Rio Tinto through $15.2 billion rights issue

MELBOURNE, Australia — State-controlled Aluminum Corp. of China said Thursday it took up its full entitlement in Rio Tinto’s $15.2 billion share issue to maintain a 9.3 percent stake in the Anglo-Australian miner.

Miner Rio Tinto scraps deal with Chinalco, choosing to raise $15.2 billion in share sale

SYDNEY — Anglo-Australian miner Rio Tinto PLC on Friday scrapped its $19.5 billion deal with China’s Chinalco, choosing instead to raise $15.2 billion in a share sale and setting up a joint production venture with rival BHP Billiton Ltd.

Miner Rio Tinto ends $19.5 billion deal with Chinese firm Chinalco

SYDNEY — Anglo-Australian miner Rio Tinto PLC on Friday ended its $19.5 billion deal with Chinese company Chinalco, instead saying it plans to raise $15.2 billion in a share sale.