Chinalco keen to dispel fears over Rio

The new president of Chin­alco on Monday stepped up an aggressive lobbying campaign to persuade Australia¡¯s regulators and politicians in Canberra to wave through the state-owned metals company¡¯s proposed $19.5bn investment in Rio Tinto.

Xiong Weiping, officially appointed to the top job last Thursday, denied suggestions that the proposed deal would give Chinalco control over key Australian resources and influence over commodity pricing.

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