MELBOURNE Oct 17 Global miner Rio Tinto
plans to sell 13 aluminium assets, trimming the
business it expanded with the badly timed $39 billion
acquisition of Alcan four years ago as it tries to boost the
division's performance, it said on Monday.
It plans to sell assets in Australia and New Zealand and
plants in France, Germany, the United States and the United
"The strength of our balance sheet means that we can choose
the most opportune method and timing to divest these assets,
which may not occur until the economic climate improves," Rio
Tinto Chief Executive Tom Albanese said in a statement.
(Reporting by Sonali Paul; editing by Michael Smith)