Latest Tom Albanese Stories
MUMBAI, March 31, 2014 /PRNewswire/ -- The merger of Sterlite Industries (India) Limited and Sesa Goa Limited, and the Group consolidation was completed in August 2013,
Rio Tinto executives pledged to respect China's legal system as the commercial espionage case against four staff members proceeds. I am naturally personally concerned about them, but I want to stress that we will respect the Chinese legal process, Rio Tinto Chairman Jan du Plessis said. Four staff members were arrested July 5 on charges of stealing state secrets, but the charges have been downgraded considerably to commercial espionage.
Rio Tinto and General Electric today announced that they are working together on two key strategic technology projects, Rio Tinto's 'Mine of the Future(TM)' and GE's 'Ecomagination'", to develop the most energy efficient and ecologically friendly solutions to support the future of mining.
Mining giant Rio Tinto (RTP) must wonder what it has to do to impress shareholders. On Aug. 26, the Anglo-Australian company announced a 55% annual jump in first-half underlying earnings, to $5.47 billion, on revenues of $27.1 billion, more than double the level a year earlier.
By David Jolly Rio Tinto, the global mining company, posted record first-half profit Tuesday, bolstering its effort to fend off a hostile takeover by BHP Billiton.