UK-based international mining giant Rio Tinto has pushed back the expiry date for its take over offer to buy Canadian aluminum company Alcan from 24 September 2007 to 23 October 2007.
Rio says the extension is necessary to permit conditions to the offer to be satisfied, including obtaining various regulatory approvals.
Alcan currently has operations in bauxite mining, alumina processing, primary metal smelting, power generation and aluminum fabrication.