The Rio Tinto Iron and Titanium business includes this sprawling complex of seven plants in Sorel-Tracy, Que.

Rio Tinto Group RIO-N will seek offers for its metallurgical complex in Sorel-Tracy, Que., about five weeks after Group of Seven countries announced they would make an investment in the site to secure a North American supply of a rare metal called scandium .

The mining giant said during a meeting with analysts and investors in London Thursday that its strategic review of the Rio Tinto Iron and Titanium (RTIT) business, which includes the Sorel site, is advancing as planned and that the next step is testing the market for a sale.

The move is part of a wider effort by Rio Tinto’s new chief executive , Simon Trott, to “simplify” the corporation and sharpen its focus by cuttin

See Full Page