Thursday, June 4, 2009

News from Australasia: Chinalco may revise Rio deal before deadline

Chinalco may revise Rio deal before deadline: sources
@ Reuters: "By Sonali Paul
MELBOURNE (Reuters) - Chinese state-owned metals firm Chinalco may revise its planned $19.5 billion investment in miner Rio Tinto (RIO.AX)(RIO.L) before a June 14 deadline to avoid further delays in Australian government approval, two sources close to the deal said on Thursday."

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