Subscribe to RSS feedAsian authorities could veto BHP-Rio alliance
by
Sam Collyer
—
last modified
Jun 19, 2009 03:34 PM
CHINESE and Japanese competition regulators appear certain to attempt to intervene in the plan by BHP Billiton and Rio Tinto’s to jointly operate their lucrative Pilbara iron ore assets.
The mining giants were expected to have a difficult task to obtain approval from Australian and European regulators keen to maximise competition.
While Chinese steelmakers, which account for the bulk of the Pilbara’s iron ore volumes, were expected to object...
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