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Rio Tinto Alcan

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Vedanta appoints former Rio Tinto head as CEO

Vedanta Resources Plc has appointed Tom Albanese as chief executive, pinning its hopes on the former Rio Tinto Plc head to transform the India-focused miner into a global resources giant. Shares......

Tata abstains from backing Rio offer

Tata Steel and a consortium of five public sector unitsare buying time, even as the world's third-largest mining company, Rio Tinto,offered $3.9 billion on Thursday for Australia's Riversdale......

Vedanta to invest Rs 43,000 cr in expansion

Vedanta Resources, billionaire Anil Agarwal's metal and mining company, has planned large expansions and acquisitions to enter the top five league in the global production of aluminium, copper and......

2009 could be worse than Great Depression

Increasing bond yields for companies, while the yields on government securities are falling, seem to indicate rising probability of corporate defaults in 2009. Moody's, the credit rating agency,......

Nalco in strategic deal with Rio Tinto Alcan

State-run National Aluminium Co Ltdsaid on Friday it has signed an agreement with Canada-based Rio Tinto Alcan to increase its global presence. It has signed a strategic alliance with the arm of......

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