Monday, February 9, 2009

Rio Tinto shakeup over China deal -- Reuters

Feb 9 - The mining group's chairman-designate quits after objecting to a potential deal with state-run Chinese aluminium maker Chinalco.

Jim Leng, deputy chairman of India's Tata Steel, was named as Rio's next chairman just over three weeks ago. Current Rio Chairman Paul Skinner will now stay in the post until mid 2009 to allow time to appoint a successor.

Peter Parker reports.