Rio Tinto No Longer Intends to Sell Canada Iron-Ore Business -Bloomberg
September 29 2019 - 8:48PM
Dow Jones News
-- Rio Tinto PLC (RIO.LN) has pulled plans to either sell or
list its Canadian iron-ore business, Bloomberg reports, citing
people familiar with the situation.
-- According to Bloomberg on Monday, Rio Tinto has told bankers
to stop working on a process for the sale or initial public
offering of Iron Ore Company of Canada, which the miner has sought
to divest for several years.
-- A spokesman for Rio Tinto couldn't immediately be reached by
Dow Jones Newswires for comment.
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(END) Dow Jones Newswires
September 29, 2019 20:33 ET (00:33 GMT)
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