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The worst mining deal ever: Rio Tinto buying Alcan for $38.1B

Michael Allan McCrae | February 15, 2013 | 6:21 pm Base Metals Australia Canada China Aluminum 

Tom Albanese, the former CEO at Rio Tinto, is out but Wall Street Journal (paywall) looked back to revisit what one principal called "the worst decision ever": Rio Tinto buying Alcan for 38.1 billion in 2007. In 2007 Rio Tinto's...

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