Press Release
Rio Tinto and Chinalco obtain clearance from Committee on Foreign Investment in the United States (CFIUS)
15 May 2009
Rio Tinto and Chinalco announced today that they have obtained clearance from the Committee on Foreign Investment in the United States ("CFIUS") regarding the proposed issue of convertible bonds to Chinalco and the indirect minority investment in Kennecott Utah Copper Corporation, as contemplated by the strategic transaction announced by Rio Tinto and Chinalco on 12 February 2009. Rio Tinto and Chinalco jointly filed a voluntary notice with CFIUS in connection with the transaction. The receipt of CFIUS clearance satisfies a regulatory pre-condition to the transaction.
This follows receipt of approvals from the Australian Competition and Consumer Commission on 25 March and the German Federal Cartel Office on 31 March.
Latest Press Releases
- Rio Tinto investor seminar
- Rio Tinto announces senior management appointments
- Rio Tinto exports its three billionth tonne of iron ore from its Australian operations
- Shanghai employees – Update 1
- Second quarter 2009 operations review
- Rio Tinto reaches agreement to sell Alcan Packaging Food Americas division for US$1.2 billion
- Rio Tinto Board appointment
- Rio Tinto announces new Rights issue
- Rio Tinto and BHP Billiton announce West Australian iron ore production joint venture
- Iron ore supply contracts for 2009 settled with most major Asian customers
Spread your message to an audience that counts, with options available for our website, email bulletins and publications including The House Magazine.
