Rio Puts the Pressure On Predatory Rival Bhp

Daily MailJanuary 17, 2008

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Summary


RIO Tinto dug deep during the final three months of 2007 as it turned up the heat on rival BHP Billiton to burnish its all-share offer.

Iron ore production surged 11pc to a record high in the fourth quarter as the mining giant's chief executive Tom Albanese 'pulled out all the stops' to fend off BHP's unwanted advances.

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Rio Puts the Pressure On Predatory Rival Bhp

China's seemingly insatiable ...

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