Rio Tinto PLC (RIO.L)
20 Feb 2017
SAO PAULO/RIO DE JANEIRO, Feb 20 Vale SA
plans to become a company with no defined controlling
shareholder as soon as possible, in a landmark step aimed at
enhancing transparency and equal rights for all shareholders in
the world's largest iron ore producer.
* Freeport Indonesia unit lays off about 10 pct of expat
LONDON/HONG KONG, Feb 20 Mongolian bonds rallied
on Monday after a $5.5 billion loan package agreed on the
weekend staved off default and rewarded investors who had hung
on despite signs of mounting stress.
LONDON, Feb 20 The following FTSE 100
companies will go ex-dividend on Thursday, after which investors
will no longer qualify for the latest dividend payout.
According to Reuters calculations at current market prices,
the effect of the resulting adjustment to prices by
market-makers would take 12.3 points off the index.
COMPANY (RIC) DIVIDEND IMPACT
Carnival 35 (US cents) 0
* Major producer wants premiums of around $125 per T
TOKYO, Feb 20 A major aluminium producer has
made an indicative offer of a premium of $125 per tonne to
Japanese buyers for April-June primary metal shipments, up 32
percent from the last quarter, three sources directly involved
in pricing talks said on Monday.
JAKARTA, Feb 20 Freeport McMoRan Inc's
chief executive said on Monday the company's Indonesian unit has
made its first lay-offs since a dispute over its mining contract
started with the Indonesian government and may let go of more
workers this week.
TORONTO, Feb 17 Freeport-McMoRan Inc
said on Friday it cannot meet contractual obligations for copper
concentrate shipments from its Grasberg mine in Indonesia
following a five-week export ban, the second big producer in a
week to declare force majeure.
JAKARTA, Feb 17 Indonesia's mining ministry
recommended on Friday that Freeport-McMoran Inc's
Indonesian unit be granted a permit to export 1.1 million tonnes
of copper concentrates until Feb. 16, 2018, the ministry said in