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Drilling & production - 08 August 2013

 
 

Chinese steel foundry acquired by Metso

Metso Corp completes acquisition of Chinese steel foundry, will supply wear parts to mining and construction industry customers in China and other Asia-Pacific markets.

 
 
 

Rio Tinto energy business loses US$ 53 million

Diversified miner, Rio Tinto, has announced a US$ 53 million loss for its Energy Group in the first half of 2013, as total underlying earnings dropped 18% to US$ 4.3 billion.