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Chinalco (ACH) pays $1.35B to create a JV with Rio Tinto (RTP -0.65%) to develop Rio's massive...
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Friday, March 19, 2010, 7:22 AM ETChinalco (ACH) pays $1.35B to create a JV with Rio Tinto (RTP -0.65%) to develop Rio's massive iron ore project in Guinea. Analysts say the deal, though priced fairly, appears to be designed to mend relations between the two firms. (PR)
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