UK Closes Long-Running Rio Tinto, ENRC Probes With No Charge (3)

The UK’s Serious Fraud Office quietly dropped two long-running investigations into mining firms Rio Tinto Plc and Eurasian Natural Resources Corp., in another setback for an agency that’s expended years prosecuting suspected corruption across the commodities industry.

The SFO said Thursday it had closed its 2017 Rio Tinto investigation into allegations of corruption in Guinea after an internal review found it was not in the public interest to continue, according to an update on its website. No charges against individuals had been made.

Separately, the agency also announced it had closed a decade-long criminal investigation into ENRC citing “insufficient ...