Jan du Plessis, the new chairman of Rio Tinto, said completing Chinalco's proposed US$19.5bn capital investment in the Anglo-Australian mining group would be his priority as he took over the reins from Paul Skinner.
Mr du Plessis' comments came after the Rio board faced investors opposed to the tie-up with the Chinese aluminium company at a meeting in Sydney. They echoed views at the dual-listed group's shareholder meeting in London last week.
“I do not like referring to a ‘Plan B',” Mr du Plessis said in reference to financing avenues Rio might explore if the 中鋁deal failed. “We continue to be committed to Chinalco.”
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