Rio Tinto appointed bank to sell assets

Rio Rinto appointed a bank to sell its 10b dollars mine and factory assets. Rio Tinto financial director Guy Elliot said: “the project selling has already begin, every project are full of buyers.” Rio has draw a 30b dollars selling plan in November 2007, for a part of the resist to BHP’s purchase plan. It proposed to sell including United State and Australia base metal mine, uranium and part of Alcan’s business. Information said that the Northparkes copper and gold mine in Australia South Wales State and the uranium mine in Kintyre is the most attractive assets. Analyst has evaluated of the mine in November in 2007, is 622m dollars.