Rio Tinto signs China deal

The Anglo-Australian mining company Rio Tinto says it has signed a deal with China to develop a massive iron ore mine in West Africa.

China's state-backed metals group Chinalco will pay $1.3bn (£0.85bn) for 47 percent of the Simandou project in Guinea.

The tie-up comes amid tensions between China and Australia over next week's trial of four Rio employees on bribery and commercial spying charges.

Editor's Comment
Mob justice isn't just

A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...

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