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Rio Tinto to restart sale of Icelandic aluminum plant

Thursday, Oct 11, 2018

   Rio Tinto is close to restarting a sale process for some of its aluminum assets, including a plant in Iceland, which have been valued at ~$350M, Reuters reports.

  The assets include a 53% stake in a Dutch anode facility and 50% of the shares in a Swedish aluminum fluoride plant, according to the report.
  Norsk Hydro last month pulled out of a previous plan to buy the assets, blaming a delay in getting European Commission approval for the deal.

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