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- BHP Denies Rift on Rio Iron Ore Tie-up
- By Sonali PaulBRISBANE (Reuters UK) - Global miner BHP Billiton BHP dismissed talk on Thursday that rival Rio Tinto RIO was baulking at a proposed $116 billion (69 billion pounds) joint venture in iron ore, insisting the two were close to a binding agreement.Rio Tinto RIO and BHP BLT, the...
- News items 2009-11-25
- Fortescue Metals
- Fortesc-who? With all eyes on the big three iron ore producers, few expected anyone outside the oligopoly to break the deadlock with China's mills. And yet Fortescue Metals of Perth, ranked 59 places below Rio Tinto on the list of the world's biggest materials companies by market capitalisation, has...
- External links 2009-08-17
Additional Resources
- The world looks to Shanghai
- It's all because of the banks, this financial market mayhem — the Chinese banks, that is. Europe's stock markets shivered early Wednesday after a spectacular tumble, not on Wall Street but in Shanghai. A frantic bout of selling took the Chinese stock market down 4.3 per cent and with it...
- News items 2009-08-21
- Steel demand set to soar, says BHP
- BHP Billiton yesterday predicted global steel demand would double over the next 15 years as the world's biggest mining group said the advanced "upswing" already evident in China would be followed by a rebound in growth from developed nations in 2010.Speaking ahead of an analysts presentation in Sydney, Tom...
- External links 2009-09-16
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