M&A

Rio Tinto, Boliden sell Norzink smelter to Outokumpu

ANGLO-Australian resources giant Rio Tinto announced today it and Canada's Boliden have agreed to sell the Norzink zinc smelter in Norway to Outokumpu for US$180 million cash.

MiningNews.Net

"The sale is subject to EU, Norwegian and other European competition approval," Rio said.

Rio Tinto and Boliden each own 50% of Norzink.

The smelter is located near Odda on the west cost of southern Norway.

 

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