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Nein to BHP, Rio tie-up

GERMANY intends to block the proposed $US116 billion ($A117.05 billion) production joint venture between mining majors Rio Tinto and BHP Billiton, a move some industry observers believe will be backed up by the European Commission.

MiningNews.Net

Nein to BHP, Rio tie-up

The move effectively kills the duo’s efforts to create the world’s largest iron ore producer. In a statement, Germany’s Federal Cartel Office said it had informed the two mining giants of its intentions...

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