Rio Tinto sells its stake in Inalum's Grasberg mine for $ 3.5 billion

The Australian-British mining company Rio Tinto sells its stake in the Indonesian mine Grasberg, owned by Inalum, for 3.5 billion dollars, the finversia.ru project wrote with reference to the message from Rio Tinto. It is noted that the companies signed a non-binding agreement on future ownership rights to the Grasberg mine. They plan to sign all legal obligations of the agreement before the end of the year. The deal should be approved by the state regulatory bodies. Rio Tinto, one of the leading in terms of market capitalization mining and metals companies in the world, owns 40% of the production at the mine.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: