|
|
Article: BUSINESS IN ASIA TODAY - OCT 15, 2008.
- Article from:
- AsiaPulse News
- Article date:
- October 15, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business in Asia on Oct 15, 2008. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
RIO TINTO TO DEVELOP BAUXITE MINES IN INDIA, INVEST US$2.2 BLN
AGRA - Global mining giant Rio Tinto (ASX:RIO) is planning to develop bauxite mines as a precursor to investing about US$2.2 billion to set up an alumina refinery and aluminium smelter in India, a top company official said Tuesday. Without divulging plan details, Rio Tinto India managing director Nik Senapati said the company "has a long-term commitment for India". The mining major has already applied ...