Global Investing

from Alexander Smith:

Beijing’s Rio talks must avoid iron fist

July 8, 2009

Chinese anger at Rio Tinto for reneging on a deal with aluminium group Chinalco and opting instead for an iron ore joint venture with BHP Billiton last month was understandable. Indeed, China has good reason to question the Rio-BHP JV on competition grounds.

Nerves of steel as regulators probe iron ore

June 25, 2008

iron-ore-graphic.gifAre steel companies really hurting from huge rises in the price of raw materials like iron ore? The biggest miner BHP Billiton reckons they aren’t and hopes to sway anti-trust regulators who are reviewing its takeover bid for rival Rio Tinto.