BHP CEO Says Revised Rio Ore Venture Plans Stymied by Regulators

Bloomberg.com reports that BHP Billion( NYSE:BHP) claims that it is baffled by regulators’ claims that blocked an earlier joint venture proposal  between BHP and  Rio Tinto (NYSE:RIO).

The story is quoted as saying:

Clearly we’ve had back a lot of messages, we’ve had back a series of complaints by not only one regulatory authority but a number of regulatory authorities,” Marius Kloppers, chief executive officer of the Melbourne-based company, told reporters today in London. “The goalposts have clearly shifted.”

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