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    iron investing

    BHP, Rio Tinto, win approval to integrate some Australian operations

    Written by Investing News Network
    |
    Dec. 03, 2010 06:44AM PST

    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

    To access the full editorial, click here.

    iron investingnyse:bhpnyse:rio
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