Rio Tinto chief executive Tom Albanese has warned about a slowdown in China's once booming economy and said that his mining company is reviewing disposals and investments in new projects across the world. By Russell Hotten, Industry Editor Eurasian Natural Resources Corporation The comments underline fears about a contraction in the global economy, which sparked further sharp falls in the share prices of mining companies yesterday. Anglo-Australian Rio, currently fending off an $86bn (£49m) takeover from BHP Billiton, counts China as a major customer and the country's state-owned aluminium producer, Chinalco, is the company's largest shareholder with a 12pc. In a third-quarter operating update yesterday, Mr Albanese said: "In the near term, the Chinese economy is pausing for breath. China is not completely insulated from an...
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