Rio Tinto’s Limited
(ASX:RIO) assets are attracting interest from commodities giant Glencore Xstrata and private equity fund Blackstone, according to media reports.
The companies are reportedly eyeing Rio’s $10 billion assets that the multinational miner is trying to sell.
Rio's Canadian iron ore operations are reportedly attracting interest from Glencore and Blackstone, while the NorthParkes copper mine in New South Wales and thermal coal assets in NSW and Queensland are also on the market.
Rio has made public its desire to sell assets. In the past year Rio has sold $500 million in assets.
Rio Tinto posted a net loss of $2.9 billion in its 2012 financial year.
