SOURCE: Industrial Info Resources

April 18, 2008 05:30 ET

Maaden, Rio Tinto to Sign Smelter Project Deal, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - April 18, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A $7 billion aluminum smelter deal that was initiated in April 2007 by a memorandum of understanding between Rio Tinto (NYSE:RTP) (London) and the Saudi Arabian Mining Company (Maaden) has now been moved along by the two partners, and a deal should be signed in August 2008.

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