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IN BRIEF: Rio Tinto to hold general meeting to approve Baowu deal

15th Sep 2022 08:55

Rio Tinto PLC - London-based miner - Publishes shareholder circulars and notice of general meeting. The general meeting will be held on October 25 to approve entry into a joint venture and an associated iron ore sales with China Baowu Steel Group. The venture, announced on Wednesday, will see the investment of USD2 billion to develop the Western Range project in Pilbara, Western Australia.

Current stock price: 4,801.50 pence

12-month change: down 8.0%

By Chris Dorrell; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Rio Tinto
FTSE 100 Latest
Value8,298.76
Change23.10