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Rio Tinto closer to selling $6bn stake in Iron Ore of Canada

Cecilia Jamasmie | August 15, 2018 | 7:26 am Top Companies Australia Canada Iron Ore 

Rio Tinto (LON, ASX, NYSE:RIO), the world’s second-biggest producer of iron ore, is closer than ever to selling its $6 billion-stake in Iron Ore Company of Canada (IOC), as it hired investment bank Credit Suisse. Likely bidders include ArcelorMittal and Teck...

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