Personal tools

Skip to content. | Skip to navigation

Sections

Join the conversation on Linkedin  Follow us on Twitter  Watch LLDCN on Youtube  Like us on Facebook
 
You are here: Home → Archive → 2009 → June → Weekly Edition 11th of June 2009 → ASX spikes as Rio and BHP unite in Pilbara

ASX spikes as Rio and BHP unite in Pilbara

by Sam Collyer — last modified Jun 11, 2009 12:48 PM

SHARES in Pilbara mining group Fortescue soared last week on news of an alliance between rivals Rio Tinto and BHP Billiton.

Rio and BHP announced a joint-venture of all their Pilbara iron ore assets just hours after news that Rio’s US$20bn talks with Chinalco had collapsed.
The $10bn deal was a bombshell for the iron ore market and followed BHP Billiton’s...

This full article is available to Lloyd's List DCN subscribers only.

If you are already a subscriber, please sign in below.

If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.

Alternatively, click here to subscribe.

Please log in

Forgot your password?

If you have forgotten your password, click here to retrieve it.



Document Actions

 







 

 
  • © Lloyd's List Daily Commercial News