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It is reported that China’s aluminum industry executives a clear opposition to the proposal in accordance with certain aspects of the company’s 19.5 billion U.S. dollars investment in Rio Tinto’s plan to make changes, even though more and more indications that we have to strive to the other shareholders of Rio Tinto support may need to make some concessions.

Some of Rio Tinto shareholders to accept the matching chances in the aluminum, the pay for of convertible bonds, but the aluminum Overseas Holdings Limited Wang wen fu, head of the United Kingdom in the “Financial Times” interview, not on such a request.

Aluminum like to pay for 7.3 billion U.S. dollars financial endeavour in convertible bonds, which will be its shareholding in Rio Tinto went up from 9% to 18%. The financial gathering in addition strategies to pay 12.3 billion U.S. dollars, Rio Tinto procured the assets of some of the best small fraction stake in mining.

Opponents said the deal ignores the existing shareholders a priority right to subscribe, that is, without dilution of their shares, the refinancing of the company.

Rio Tinto allocations last Friday’s finishing charge in Australia arrived at 64.18 Australian dollars (46.85 U.S. dollars), has been more than two gatherings of convertible bonds of a gathering of 45 U.S. dollars which the physical exercise price. Another gathering of convertible bond cost in the 60 U.S. dollars.