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Hydro withdraws offer for Rio Tinto aluminium assets

Published by , Editor
Global Mining Review,

Rio Tinto has been informed by Hydro that it has withdrawn its offer to acquire the ISAL smelter in Iceland, its 53.3% share in the Aluchemie anode plant in the Netherlands and its 50% share in the aluminium fluoride plant in Sweden, announced on 26 February 2018.

Following initial feedback from the European Commission (EC), Hydro has withdrawn its EC merger filing and terminated the transaction.

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