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RIO Rio Tinto Plc

73.3808
1.47 (2.05%)
Last Updated: 15:39:19
Delayed by 15 minutes
Name Symbol Market Type
Rio Tinto Plc NYSE:RIO NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  1.47 2.05% 73.3808 73.485 72.785 73.00 845,978 15:39:19

Rio Tinto, BHP Continue To Work Through Regulatory Process For JV -Rio

06/10/2010 5:56am

Dow Jones News


Rio Tinto (NYSE:RIO)
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Rio Tinto Ltd. (RTP) and BHP Billiton Ltd. (BHP) are continuing to work through the regulatory process to secure approval for its joint venture, a Rio spokesman said Wednesday.

According to a report in the Sydney Morning Herald on Wednesday, Rio was preparing to walk away from the Pilbara joint venture after regulatory obstacles emerged that could stand in the way of the pair receiving clearance.

The joint venture agreement includes a US$275 million break fee.

-By Cynthia Koons; Dow Jones Newswires; +61-2-8272-4691; cynthia.koons@dowjones.com

 
 

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