All Posts Tagged With: "chinalco"

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Wayne Swan Approves Chinalco Investment in Rio Tinto (ASX: RIO)

Australian Treasurer Wayne Swan announced this weekend that Chinalco is more than welcome to 11% of Rio Tinto (ASX:RIO). He made it sound like there were some caveats, provisos, and addendums. But at the end of the day the Treasurer said, “I have decided to raise no objections under Australia’s foreign investment policy.” Okay. There are just two conditions that apply, though.

August 25th, 2008 | Dan Denning | 2 comments | Continued
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