Rio Tinto Company's investments in Australia in the 1950s

Ayumu Sugawara

No 91, TMARG Discussion Papers from Graduate School of Economics and Management, Tohoku University

Abstract: The purpose of this paper is to show the process of the Australian investments of Rio Tinto in the 1950s. The paper mainly consists of two parts. The first part deals with the process until obtaining a uranium mine in March 1955 by the company. The subject of the second part is the negotiation between Rio Tinto and the UK Atomic Energy Authority (UKAEA) on a uranium sales contract signed in February 1956. The main reasons of the success in the acquisition of the mine were the capability of finance and marketing of Rio Tinto. During the negotiation with local firms for obtaining the mine, the expected results of the sales negotiation of Rio Tinto and UKAEA could contribute to the success of the company.

Pages: 14 pages
Date: 2009-03
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Persistent link: https://EconPapers.repec.org/RePEc:toh:tmarga:91

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