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Rio Tinto: Norges Mulling Sale Over Deforestation. Could Be Spread Negative, Incl. Peers

BASIC INDUSTRIES

Rio Tinto headlines (RIO LN), only a minor EUR issuer but wider issue for Anglo American (AAL LN)and the other peers could be impactful to the equity and perhaps drive buyback impetus from management teams looking to bolster prices under selling pressure:


  • RIO TINTO FACES POSSIBLE NORWAY FUND DIVESTMENT: WSJ
  • NORGES BANK ADVISER MULLS RECOMMENDING RIO TINTO STAKE SALE:WSJ
  • Ethics Adviser Is Scrutinizing Rio Tinto Link to Alleged Deforestation In Brazil -- WSJ
  • Ethics Adviser Makes Recommendations on Companies to Norges Bank Investment Management -- WSJ

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