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BHP flexes muscles with UMC bid

BHP Billiton has made an unprecedented move into Western Australia's emerging junior iron ore sec...

MiningNews.Net
BHP flexes muscles with UMC bid

The world’s biggest miner today announced that it would offer to purchase all the shares in the iron ore junior through its BHP Billiton Minerals subsidiary for $1.30 per share by way of a scheme of arrangement...

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