Rio Tinto Explores Auction of Canadian Iron-Ore Business -Sky
August 15 2018 - 10:36AM
Dow Jones News
--Rio Tinto PLC (RIO.LN) is to potentially auction off its
Canadian iron-ore business for a possible consideration worth $6
billion, according to Sky News.
--Sky News reports that prospective bidders for Rio's majority
stake in Iron Ore Company of Canada include ArcelorMittal (MT.AE)
and Teck Resources Ltd. (TECK).
Full story: https://bit.ly/2ODViWy
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(END) Dow Jones Newswires
August 15, 2018 10:21 ET (14:21 GMT)
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