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BHP Billiton had given up the proposed acquistion of Rio Tinto
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Publishdate:
2008-12-15
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| BHP Billiton, the largest mine company, has announced that they had given up the proposed acquistion of Rio Tinto, the second largest competitor. Abortion of this merger is a big good news for Chinese mining industry and steel plants, in particular it comes at the time of 2009 iron ore negotiation. |
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