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The Wire

Rio Tinto Alcan chief executive retires

Rio Tinto PLC said Monday that the chief executive of its Montreal-based subsidiary Rio Tinto Alcan will retire on April 20 after the company's annual general meetings.

Rio Tinto drops equity stake in Saudi project

Mining giant Rio Tinto Alcan is unable to finance its minority stake in a joint venture aluminum complex in Saudi Arabia, the company and its Saudi partner announced Wednesday, citing the global financial crisis.

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