Rio Tinto share price slips into the weekend as Brazil aluminium deal meets a metal-price pullback
Rio Tinto shares fell 1.6% to 6,738p in London after the miner agreed with Chinalco to buy a controlling stake in Brazil’s CBA for about $903 million. The deal comes amid volatile metals prices and ahead of Rio’s earnings on Feb. 19. Trading volume topped 3.8 million shares, above average.