Rio Tinto finalizes sale of Zinkgruvan

Rio Tinto finalizes sale of Zinkgruvan

According to the statement released by Anglo-Australian Rio Tinto, the company has recently completed sale of 100% share in Zinkgruvan Mining AB in Sweden to South Atlantic Ventures (SAA). As previously reported by SteelOrbis, Rio Tinto signed a letter of intent with SAA. In line with the deal, SAA paid $100 million to Rio Tinto in advance.