Rio Tinto fails to sell loss-making aluminium as profit falls

Now watching

Next video starts in : 7 Play

Rio Tinto fails to sell loss-making aluminium as profit falls

Rio Tinto fails to sell loss-making aluminium as profit falls
Replay video
Up next

How The Cast of 'Furious 7' Came Back To Work After Paul Walker's Death

Unlock your personal NFL Now stream by signing in to NFL.com

Rio Tinto fails to sell loss-making aluminium as profit falls

by Wochit 0:54 mins

Rio Tinto fails to sell loss-making aluminium as profit falls

by Wochit 0:54 mins

Mining group Rio Tinto has scrapped efforts to sell its loss-making Pacific Aluminium business, blaming poor market conditions as weaker iron ore, copper and coal prices dragged first-half profit down 18 percent. Rio - which has put a handful of assets on the block as it battles $22 billion of debt - said it had not found a buyer and would not pursue a spin-off to shareholders. Internet TV startup Aereo will soon be available in Dallas, one of the cities affected by the Time Warner Cable-CBS blackout. Aereo said it would also launch in Houston and Miami as the controversial venture backed by Barry Diller's IAC/InterActive Corp builds out its customer base across the United States.

Must Watch

Must Watch

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 0:29

    Watch a Sneak Peek of Community Episode 5

  6. 2:01

    Sin City Saints: Official Trailer