The Conversation (0)
BHP, Rio Tinto, win approval to integrate some Australian operations
Dec. 03, 2010 06:44AM PST
Base Metals Investing Mineweb.com reports that BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) have received permission from the Australian government to merge infrastructures.
Mineweb.com reports that BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) have received permission from the Australian government to merge infrastructures.
The editorial is quoted as saying:
Any integration by the two companies could again draw fire from antitrust regulators concerned it will give Rio and BHP too much control over global iron ore trade