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Rio Tinto may be planning a $9bn spinoff a la BHP

Cecilia Jamasmie | June 21, 2016 | 10:27 am Base Metals Energy Precious Metals Top Companies Australia Canada Europe Latin America Coal Copper Diamond Gold Iron Ore Silver 

Together with announcing a major management reshuffle and division reorganization, Rio Tinto (ASX, LON:RIO) revived Tuesday rumours of an incoming $9 billion BHP-style spinoff. Soon-to-be Rio’s chief executive, Jean-Sébastien Jacques, overhauled the group business divisions, leaving its least loved units...

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