RPT-INTERVIEW-Rio Tinto says low costs help in crunch
Reuters UK (Free subscription) | yesterday
*CEO Albanese says Rio does better than peers in tough times
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Choppy waters ahead for commodities
News.com.au (Free subscription) | 10/02/2008
RIO Tinto's Tom Albanese warned that commodity prices would become more volatile in the short term because of the global financial crisis.
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Rio chides Rudd on China
The Australian (Free subscription) | 10/02/2008
RIO Tinto chief executive Tom Albanese has sent a strong message to the Rudd Government on foreign investment policy, saying the nation risks serious long-term damage if it blocks Chinese investment in the resources sector and does not develop a clear and open framework.
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Rio reaffirms BHP stance
News.com.au (Free subscription) | 10/02/2008
RIO Tinto boss Tom Albanese says the global financial turmoil has not altered its rejection of BHP Billiton's hostile takeover.
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Rio repeats rejection of BHP bid
News.com.au (Free subscription) | 10/02/2008
RIO Tinto boss Tom Albanese says the global financial turmoil has not altered its rejection of BHP Billiton's hostile takeover bid.
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UPDATE 2-Rio Tinto: turmoil won't affect BHP bid rejection
Reuters UK (Free subscription) | 10/02/2008
MELBOURNE, Oct 2 (Reuters) - Rio Tinto Ltd/Plc sees the current global market turmoil having no impact on its rejection of BHP Billiton Ltd's $97 billion takeover bid, Chief Executive Tom Albanese said.
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Rio Tinto says turmoil won't affect BHP bid rejection
Reuters UK (Free subscription) | 10/02/2008
MELBOURNE (Reuters) - Rio Tinto does not see current global market turmoil having any impact on its rejection of BHP Billiton Ltd's takeover bid, Chief Executive Tom Albanese said on Thursday.
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Rio Tinto confident despite crisis
News.com.au (Free subscription) | 10/02/2008
"The market for Rio Tinto's products remain in good shape," Rio Tinto's chief executive Tom Albanese said today. He reiterated that the BHP Billiton bid for the company "undervalued" Rio Tinto. Demand from China was still robust although a slowdown in its GDP growth was expected, Mr Albanese said. Rio Tinto expected the iron ore spot price to recover by the year end and higher than average...
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ISWI Elects Barry Mindes as Board Member
PR News Wire (Free subscription) | 10/02/2008
... "We are very pleased and excited about Barry's return to ISWI's Board of Directors," said Bernard Albanese, ISWI's CEO. "As the founder and former CEO of ISWI, Barry brings a wealth of experience and specific knowledge regarding the SportXction(R) System, the Company and the gaming industry to the ISWI Board." About Interactive Systems Worldwide, Inc. Interactive Systems Worldwide, Inc....
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Australian stocks dither despite US rescue
The Earth Times Online Newspaper (Free subscription) | 10/02/2008
... acquisition of rival mining company Rio Tinto Ltd would not be blocked. Rio managing director Tom Albanese is still insisting that the hostile all-scrip bid undervalues his company and that it is already strong enough to overcome the credit crisis. "The fact is that Rio Tinto has no need to be bigger just for bigger's sake," he said. "We have the scale, we have the strength and we have the...
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