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Rio Tinto agreed to acquire Sumitomo Chemical Company Limited's 2.46% interest in Boyne Smelters Ltd (BSL), which owns the Boyne Island aluminium smelter in Gladstone, Australia, for an undisclosed price. On completion, Rio Tinto's interest in BSL will be 61%.
“Rio Tinto has also entered into an agreement, for an undisclosed price, to acquire SCC’s 2.46% interest in Boyne Smelters Ltd (BSL), which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia.”stocks.observer-reporter.com
Summarized from public sources; check the original articles before acting on it.