Article 5WYP0 Rio Tinto to sever ties with Russian businesses over Ukraine war

Rio Tinto to sever ties with Russian businesses over Ukraine war

by
Ben Butler
from World news | The Guardian on (#5WYP0)

Mining giant's decision follows other big names exiting Russia and casts doubt over Queensland Alumina Ltd joint venture

Global mining company Rio Tinto says it is severing its ties with Russia, throwing into doubt an aluminium joint venture between it and Rusal, which was founded by oligarch Oleg Deripaska.

In a one-line statement, Rio Tinto said it was in the process of terminating all commercial relationships it has with any Russian business".

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