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Rio to sell aluminium smelter for $US500m

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January 11, 2018

Rio Tinto is set to sell its French Aluminium Dunkerque smelter for $US500 million.

Rio Tinto is set to sell its French Aluminium Dunkerque smelter to industrial and metals company Liberty House Group for $US500 million ($A700 million).

The mining giant says it has received a binding offer from Liberty House - the company that bought Rio Tinto's Lochaber smelter and assets in Scotland in December 2016 - which includes plans to modernise the site.

Rio Tinto aluminium chief executive Alf Barrios said the offer, which is expected to be completed in the second quarter of this year, is the best option for the future development of the site.

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