MALAYSIA: Mining giant Rio Tinto to build major aluminium plant

Updated August 16, 2007 20:21:41

The Anglo-Australian mining giant Rio Tinto is to build its biggest aluminium plant in Malaysia. It's the first foreign investor to take a major bet on Malaysia's controversial Bakun Dam in Sarawak. The Bakun Dam will supply the large amounts of electricity needed for aluminium smelting, but it's yet to be completed. Rio Tinto is also finalising its 38-billion dollar takeover of Canada's Alcan, which will make it the world's biggest aluminium producer.

Presenter: Karon Snowdon
Speakers: Sandeep Biswas, Managing Director for Rio Tinto's Australian aluminium smelter division