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2009-11-30 09:00:00

NEW YORK, Nov. 30 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Aluminum - A Worldwide Market Review http://www.reportlinker.com/p0164491/Aluminum---A-Worldwide-Market-Review.html Aluminum is a highly power-intensive industry. Extensive applications in end-use sectors such as electric transmission, automotive, packaging, construction and consumer durable sectors fuel market growth. Power shortage and transportation are the...

2009-06-05 13:14:06

Mining giant Rio Tinto said Friday said it had broken off a politically unpopular $19.5 billion deal with the Chinese government-owned Chinalco. Xiong Weiping, president of Chinalco, the state-owned Aluminum Corp. of China, said we are very disappointed with this outcome, The New York Times reported. The deal would have increased Chinalco's share in the Tinto, an Australian-British company, from 9.3 percent to 18.5 percent. As a consequence, it was sharply criticized in Australia, especially...

2008-10-17 12:00:19

Alcoa (NYSE:AA) said today it expects its joint shareholding in Rio Tinto to be transferred promptly and smoothly from a custodial account with Lehman Brothers International Europe in London to a custodial account with another nominee unaffiliated with Lehman Brothers. Alcoa said it is working closely with administrators of Lehman Brothers International Europe and with Chinalco, its close and long-term business partner, to achieve the transfer. Alcoa and Chinalco hold the shares jointly...

2008-10-01 15:00:35

Reportlinker.com announces that a new market research report related to the Chemicals industry industry is available in its catalogue. World Bauxite and Alumina Market http://www.reportlinker.com/p092437/World-Bauxite-and-Alumina-Market.html This report analyzes the worldwide markets for Bauxite and Alumina in Thousands of Metric Tons. The major product segments analyzed are Bauxite (Metallurgical Bauxite, & Non-Metallurgical Bauxite), and Alumina ( Metallurgical Alumina, &...

2008-09-02 09:00:30

The Chinese aluminum maker Chinalco may increase its minority stake in Rio Tinto if market conditions are right but has no timetable for such a move, its president said Monday. "Under the right market conditions, this is an option; it is possible," Xiao Yaqing said. "But we have not decided when. It will depend on the timing of opportunities in the market and our requirements. A key requirement for the company is to preserve its opportunities and possibilities as we become more...

2008-08-25 09:00:44

Major news items in leading Australian newspapers CANBERRA, Aug. 25 (Xinhua) -- The following are major news items in leading Australian newspapers on Monday. The Australian: -- Treasurer Wayne Swan has given approval for the Chinese government-owned mining giant Chinalco to acquire up to 11 percent of the Rio Tinto group in the first high-profile test of the Rudd Government's stance on more than 30 billion dollars (26 billion U. S. dollars) of Chinese foreign investment bids. The...


Word of the Day
callithump
  • A somewhat riotous parade, accompanied with the blowing of tin horns, and other discordant noises; also, a burlesque serenade; a charivari.
'Callithump' is a back-formation of 'callithumpian,' a 'fanciful formation' according to the Oxford English Dictionary. However, the English Dialect Dictionary, says 'Gallithumpians' is a Dorset and Devon word from the 1790s that refers to 'a society of radical social reformers' or 'noisy disturbers of elections and meetings.'
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