MANILA, PHILIPPINES — (Marketwire) — 04/24/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — Rio Tinto Alcan (Montreal, Quebec), the aluminum manufacturing branch of (NYSE:RIO), and Cahya Mata Sarawak Berhad (KL:CMSBU) (Sarawak, Malaysia) have mutually terminated their memorandum of understanding (MoU) to build a $2 billion dollar in Malaysia-s Sarawak state. The companies were unable to reach a commercially viable power purchase agreement for the smelter.
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