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Rio Tinto to hold off revising Chinalco tie-up

By Peter Smith in Sydney

Published: May 26 2009 12:42 | Last updated: May 26 2009 12:42

A senior Rio Tinto executive said on Tuesday that “any revision” to the miner’s planned $19.5bn tie-up with Chinalco, the Chinese aluminium group, would be decided after the completion of shareholder meetings over the next week.

The comments from Sam Walsh, the Anglo-Australian miner’s head of iron ore who was speaking on the sidelines of a mining conference in Canberra, came as Jan du Plessis, Rio’s new chairman flew to Australia to meet investors and government officials.

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