Rio Tinto has not yet considered acquiring Alcoa

Australian mining group Rio Tinto CEO Aibo Nian said on the 19th that the company has not yet considered the acquisition of Alcoa.

On July 19th, Australian mining group Rio Tinto plc CEO Tom Albanese said on the 19th that Rio Tinto has not yet signed up for the bid for Alcoa.

Previously, Rio Tinto successfully acquired Alcan Inc. at a price of US$101 per share (approximately 171 Australian dollars) higher than the price of its rival Alcoa (alcoa), and then it was reported by Alcoa. News for the acquisition target.

Aibo Nian said that the company's biggest challenge is to meet customers' demand for Other aluminum metal products. At present, the company's engineering staff is aging, and the number of newcomers coming in is insufficient.

He said that Rio Tinto has a shortage of resources in all aspects, and the company is working hard every day to meet the needs of customers.

In addition, he also said that Rio Tinto will spend a lot of time dealing with its debt problems, due to its acquisition of Alcan for billions of dollars in debt financing.

On the 19th, Rio Tinto's American Depositary Receipts rose 2.1% to $311.2.


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