Rio Tinto, CMS Scrap $2.3B Malaysian Smelter Project
Units of each company — CMS' Samalaju Aluminium Industries Sdn. Bhd. and Rio Tinto Aluminium Malaysia Sdn. Bhd. — mutually agreed to terminate the joint venture known as the Sarawak Aluminium Co., according to a statement CMS issued Tuesday to Bursa Malaysia, the Malaysian stock exchange.
To view the full article, register now.