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.For details, vie
SUGAR LAND, TX — (Marketwire) — 02/10/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — Leading international group (NYSE:RIO) (London, England) reported record adjusted earnings for 2011, as higher prices and a strong performance by the Iron Ore segment were offset by an $8.9 billion impairment charge in the Aluminum segment that depleted the officially reported net earnings. The company also was affected by high cost inflation, which has impacted the global mining indu
