Chinalco Executive: Discussing Areas Of Cooperation With Rio Tinto
February 02 2009 - 12:27AM
Dow Jones News
Aluminum Corp. of China, or Chinalco, is in talks with Rio Tinto
PLC (RTP) on "possible areas of cooperation," a top Chinalco
executive said Monday.
"They are talking to a lot of people," Deputy General Manager Lu
Youqing told Dow Jones Newswires. "There has been some interaction
between us. There have been some conversations on possible areas of
cooperation."
Lu declined to specify whether the discussions centered on
Chinalco raising its stake in Rio Tinto, adding that the
Anglo-Australian miner has been the initiator in making public
announcements on this issue.
-By Chuin-Wei Yap, Dow Jones Newswires; 8610 6588 5848;
chuin-wei.yap@dowjones.com
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