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Sports

Tuesday, November 25, 2008

Rio Tinto under pressure on asset sales

A tipper truck climbs out of an iron ore mine at Tom Price, about 1,300 km (800 miles) north of Perth, May 28, 2008. (Tim Wimborne/Reuters)Reuters - Global miner Rio Tinto Ltd said on Wednesday it was confident it could sell billions of dollars in assets to pay down massive debt, despite concerns about a lack of buyers, a day after rival BHP Billiton Ltd dropped a bid for the firm.



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[Source: Yahoo! News: Top Stories - Posted by FreeAutoBlogger]

posted by hbk @ 7:49 PM 

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