Rio takes bold step into Russia

Published: Friday, 17 February 2006

2 February 2006
Rio Tinto PLC, the world's second largest mining group, has taken a bold step into Russia, with the establishment of a exploration and development joint venture in Russia with gold and nickel giant, Norilsk.

Initial exploration efforts by the JV ( Rio 49%/Norilsk 51%) will concentrate on opportunities in the Siberian and far-eastern federal districts of...

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