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Al spike revives PacAl sale prospects

Aluminium price surge may give Rio the chance it needs to finally exit business

Mining Journal
Pacific Aluminium's Gove operation in the Northern Territory, Australia

Pacific Aluminium's Gove operation in the Northern Territory, Australia

It could also work wonders for Rio Tinto shareholders if, as is suspected, the company bags upwards of US$2 billion for its Pacific Aluminium unit. Rio has tried to get rid of PacAl in the past and failed....

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