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Rio Tinto Reviews Planned Aluminum Smelter In Malaysia-Report

Monday, Dec 22, 2008
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KUALA LUMPUR, Dec 21, 2008 (Dow Jones Commodities News via Comtex) -- AL/W | Quote | Chart | News | PowerRating -- Rio Tinto Alcan is reviewing its proposed multi-billion ringgit aluminum smelter given current global economic turmoil, the Edge weekly reported over the weekend. "Rio Tinto recently announced a thorough review of all our capital projects for all phases of development. We are currently undertaking a detailed stakeholder engagement program and a project by project review will be given at the publication of our full year results," the Edge reported, quoting an unnamed Rio Tinto's spokesman. Rio Tinto is teaming up with Malaysia's public listed Cahya Mata Sarawak Bhd. (2852.KU) on the project.

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