Rio Tinto PLC Rio Tinto completes sale of Dunkerque Smelter (5975K)
December 17 2018 - 2:00AM
UK Regulatory
TIDMRIO
RNS Number : 5975K
Rio Tinto PLC
14 December 2018
Rio Tinto completes sale of Dunkerque aluminium smelter
14 December 2018
Rio Tinto has completed the sale of its aluminium smelter at
Dunkerque, France, to Liberty House for $500 million.
Liberty House, which is part of the GFG Alliance (Gupta Family
Group), has committed to continuing operations at the smelter and
has announced plans for the development of additional activity
around the site.
As previously announced, the proceeds will be returned to
shareholders, with the precise timing and form to be announced with
Rio Tinto's 2018 full year results.
Rio Tinto estimates that there will be no material tax payable
on this transaction.
Contacts
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Nick Parkinson
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Rio Tinto plc Rio Tinto Limited
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United Kingdom Australia
T +44 20 7781 2000 T +61 3 9283 3333
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END
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