Original article by James Thomson
The Australian Financial Review – Page: 17 & 22 : 23-Jun-16

Paul Gait of Alliance Bernstein estimates that Rio Tinto’s newly-created energy and minerals division could be worth $US5.8bn to $US9.2 billion if it was spun off. He says Rio’s restructuring could indicate that it is considering a demerger. The energy and minerals division will comprise assets such as coal, uranium and titanium projects, plus Rio’s iron ore mines in Canada. Peter O’Connor of Shaw & Partners has downplayed the prospects of a demerger, and suggests that Rio is more likely to sell its Queensland metallurgical coal mines in the near-term.

CORPORATES
RIO TINTO LIMITED – ASX RIO, ALLIANCEBERNSTEIN HOLDING LP, SHAW AND PARTNERS LIMITED, BHP BILLITON LIMITED – ASX BHP, SOUTH32 LIMITED – ASX S32, ANGLO AMERICAN PLC, MACQUARIE SECURITIES PTY LTD, JP MORGAN AND COMPANY INCORPORATED, BARCLAYS BANK PLC