If the two Successfully Merged, Alcan May Reserve its Smelter Project

Toronto—Analyst said the unit of Rio Tinto and BHP Billiton will not affect Alcan’s aluminum smelter project, which has invested about dozen billions dollars. If BHP BILLITON successfully purchased Rio TInto by 120 billion, its extension items in Columbia, Quebec, Iceland, South Africa, Saudi Arabia and Amen will continue to develop. Ian Howat of Canada State Bank Financial Company said that “” all of these aluminum, alumina and bauxite project will reserved. This comment agreed by other analysts. Analyst Soleil-Bradford Research said “every company is wants to raise the purchased assets value when they purchase these companies. BHP BILLITON suggested that if they successfully purchased RIO Tinto, the combined company can save 3.7 billion costs each year. It is expected this purchase will confront many impediment because the combined company will lead world market.