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Rio Algom, Limited in LeadTin.com


Rio Algom, Limited
With assets of C$2.7 billion, Rio Algom Limited (TSE, NYSE - ROM) is a growing, international mining and metals distribution company. It produces copper, gold, uranium and coal from mines in Canada, the USA, Chile and Argentina. The company is pursuing growth that will increase annual copper production to over one billion pounds by 2005 with cash costs expected to remain in the mid-US$0.40 per pound range. It has a 33.75% interest in a major copper-zinc mine under construction in Peru and a wholly owned copper project in Chile. It is also active in mineral exploration in North and South America, Europe and Africa. With 52 centres serving more than 25,000 customers, Rio Algom's wholly owned metals distribution business is one of the largest distributors of stainless steel and aluminum on the continent.

Rio Algom, Limited
Toronto Ontario
Canada

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