ACCC asks for comment on BHP bid for Rio
August 22, 2008
The ACCC has called for further comment on BHP Billiton's proposed takeover of Rio Tinto following concerns over pricing power for iron ore was raised.
BHP Billiton abandons bid for Rio Tinto
BHP Billiton Ltd., the world's biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto Ltd., blaming the global economic downturn and plunging commodity prices.
Rio Tinto says it is comfortable with debt level
Mining giant Rio Tinto on Wednesday sought to allay concerns about its debt levels a day after bigger rival BHP Billiton abandoned a takeover bid for that reason, sending Rio's share price plummeting. 
BHP Billiton's bid for Rio Tinto...
The European Union has begun a full investigation into BHP Billiton's proposed
$170billion ($£85.8billion)takeover of Rio Tinto, its rival.
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
Chinalco May Snag More Of Rio Tinto
Before increasing its stake in the miner, the Chinese aluminum maker is waiting to test market conditions.
Rio Tinto to invest 2.15 bln dlrs in...
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
To the brink of war
The inside story of Rio Tinto's iron ore battle with China. The final round of brinkmanship in the iron ore wars took place on the afternoon of June 23 at a Baosteel office in...
EU threat to Rio Tinto takeover
EUROPEAN regulators are this week expected to threaten to stop the proposed
takeover of Rio Tinto by BHP Billiton because of the dominance the pair have
over the world’s...
BHP Billiton executives say Rio Tinto takeover bid will go to European regulators within weeks
A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto Ltd. within weeks.
EU widens antitrust probe into BHP Billiton's proposed acquisition of Rio Tinto
The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed concerns about higher prices and reduced choice for EU customers of the mining concerns.
Japan gives 11-day ultimatum to BHP...
The Japanese Government has ordered BHP Billiton, the world's largest miner,
to provide details of its proposed $78 billion ($£48.3 billion) takeover of
Rio Tinto within 11...
BHP Billiton and China's Baosteel...
BHP Billiton said Friday it has reached agreement with China's Baosteel on prices for iron ore deliveries, securing increases of up to 96.5 percent after protracted negotiations.
BHP Billiton wins US approval for...
America's anti-trust regulators have given partial approval to BHP Billiton's
$38 billion ($£19.1 billion) offer for Rio Tinto but the deal is still
awaiting the opinion of...
Rio Tinto ends Asian steel price talks
Rio Tinto has concluded price negotiations with its Asian customers for the steelmaking commodity.
Rio Tinto spins iron ore deal into...
Reuters - Shares in global miner Rio Tinto
gained over 1 percent on Tuesday after it won a
huge price rise for iron ore shipped to China, giving it a
chance to trumpet its...
Rio Tinto posts record half-year profit
Rio Tinto Ltd., the world's third-largest mining company, said Tuesday that half-year profit more than doubled to a record on strong demand from China for iron ore and other...
US antitrust regulator clears BHP Billiton bid for Rio Tinto
Global mining giant BHP Billiton said Thursday that U.S. antitrust regulators had granted partial approval for its US$170 billion hostile takeover bid for rival Rio Tinto.
Shares of BHP Billiton, Rio Tinto climb on rumors of higher bid for Rio, Chinese stake
Shares of BHP Billiton Ltd. and Rio Tinto Ltd. surged in Australia on Wednesday as fresh rumors swirled around the two companies linked by what could be the largest takeover ever in the mining sector.
BHP Billiton posts record...
AFP - The world's biggest mining company BHP Billiton Ltd. posted a record 15.39-billion-US-dollar annual net profit Monday and said it expected Asian demand to remain strong...
BHP Billiton posts record...
AFP - The world's biggest miner BHP Billiton on Monday announced record annual net profits of 15.39 billion US dollars (10.46 billion euros), driven by soaring commodity prices...
BHP Billiton poised for record profit
BHP Billiton is set to deliver a record annual profit in excess of $US15 billion ($A17.26 billion), underpinned by a strong result from its petroleum division.
BHP executive fires latest shot at...
BHP Billiton's chief executive said Wednesday his company's development projects are more advanced than those of its takeover target Rio Tinto, the latest salvo in an argument...
Rio Tinto delivers record Q2 production
Rio Tinto, the focus of a $A156.43 billion takeover by BHP Billiton, has delivered strong output for iron ore and aluminium in its second quarter.
Rio Tinto Touts Record Ore Output
Rio Tinto said it produced record amounts of iron ore in the second quarter and reiterated that commodity are robust as it tries to fend off a $170 billion takeover attempt by...