rio tinto

Mongolia’s vast copper-gold project remains stuck in a rut despite rumours that Rio Tinto is closing in on a takeover of the main project company, Turquoise Hill.

Dealmakers are hoping lower commodity prices and a falling local currency will make Australian resources companies attractive to specialist private equity buyers.

The bull market in commodities still has some years to run, but mining companies are preparing for leaner times.

Rio Tinto aims for organic growth during a structural shift in global demand for metals, says Tom Albanese, CEO of Rio Tinto.

Australian mining company Rio Tinto courts the Chinese once again, forming joint ventures with Chinalco and Sinosteel soon after its proposed tie-up with BHP Billiton fails.

Australia’s vice-like grip on global iron ore and coal prices is threatened by rising production costs and looming oversupply.

Yanzhou Coal values Brisbane-based coal miner Felix Resources at $2.98 billion and secures the backing of the Felix board and controlling shareholders.

Fear of worldwide protectionism grows, but ChinaÆs anti-monopoly law might lead to more transparent commercial practices.

By taking its full rights entitlement, the Chinese company shows that it remains committed to Rio Tinto, for now.