FILE PHOTO: A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray/File Photo
Rio had acquired Riversdale mining for $3.7 billion in 2011, on the premise it would be able to barge 30 million tonnes of coal per year down the Zambezi river, and rail a further 12-15 million tonnes of coal per year to port. Defendants Rio Tinto Ltd, Rio Tinto Plc, Albanese, and former Chief Financial Officer Guy Elliott had argued that the studies were not complete at the time the capital was raised.
The SEC argued that some of the dismissed claims should be restored, in light of a subsequent U.S. Supreme Court decision in an unrelated case, but that bid was knocked back on Wednesday.
allan_crawshaw of course they do. US judges serve the corporatocracy.
РТ санхүүгийн луйвар хийсэн гэж SEC шүүхдэж бгаам бн. Уншвал хийсэн юм шиг бна доо кк
A jurisdiction problem maybe?
Take them coalers down, boys, take them coalers down.
good luck