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Outokumpu, the Finnish stainless steel producer, sold its last remaining copper processing facility to Bons & Evers holding BV, a privately owned Dutch metals company. The facility produces brass rod, employing 170 people, located in Drunen, Netherlands. Bons & Evers produces hot-forged and machined brass products and has production facilities in: Borne, NL; Voehrenbach, DE; Geisingen, DE; Esvres, FR; Herzberg, DE.

The Boards of Rio Tinto plc and Rio Tinto Limited (together "Rio Tinto") announce today that they are unanimously recommending to shareholders a transaction with Aluminium Corporation of China ("Chinalco"), a leading Chinese diversified resources company. The transaction will forge a pioneering strategic partnership through the creation of joint ventures in aluminium, copper, and iron ore as well as the issue of convertible bonds to Chinalco, which would, if converted, allow Chinalco to increase its existing shareholding in Rio Tinto.

China exported 17,646 tons of aluminum not forged or rolled in January, far less than the 77,422 tons exported in last December and the 70,108 tons for the average monthly export of 2008.

Driven by technological advances in powder metals (P/M) forging, spray forming, hot isostatic pressing, direct powder rolling, high temperature vacuum sintering and metal injection molding, the world metal powders market is projected to reach $5.7 billion by the year 2012. Growing popularity in the use of new equipment components made from powered metallurgy in industries such as electronics, aerospace, automobile, and mechanical engineering, is expected to offer expanded market opportunities for future growth.

Global mining major Anglo American Plc today said it is keen on roping in local players to forge joint ventures in India's mining sector, where the UK-based firm intends to be a long-term player.

MOSCOW. (RIA Novosti political commentator Andrei Fedyashin) - On May 26, EU foreign ministers approved plans to begin discussing a new strategic partnership and cooperation agreement (PCA) with Russia.