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25 Nov 2008, 8:28 pm
It took 18 months and a half-dozen law firms--and even earned one Slaughter and May partner Dealmaker of the Year honors in the The American Lawyer--but the $60-billion merger between BHP Billiton and Rio Tinto is off.The news came suddenly, says Elizabeth Holden, a partner at Slaughter and May who has spent about 18 months orchestrating BHP Billiton's attempted takeover of fellow Anglo-Australian mining giant Rio Tinto. [read post]
25 Oct 2011, 11:24 am
Update: In other coverage, Bloomberg News reports that "Rio Tinto Genocide Claims Reinstated by U.S. [read post]
6 Dec 2010, 3:07 am by By CHRIS V. NICHOLSON
Riversdale Mining of Australia says it has been talking with Rio Tinto about a potential sale of the company, which produces coal in Africa. [read post]
8 Jun 2009, 4:28 am
The leading steel industry group in China has come out against a joint venture consolidating iron ore assets of BHP Billiton and Rio Tinto in Australia. [read post]
26 Oct 2011, 6:33 am
" And Ginny LaRoe of The Recorder reports that "Splintered Circuit OKs Alien Tort Case Against Rio Tinto. [read post]
16 Dec 2008, 9:22 pm
"Papua New Guinea Landowners Face New Hearing in Rio Tinto Case": Bloomberg News provides a report that begins, "Papua New Guinea landowners who sued Rio Tinto Group over claims of human-rights abuses must show that they aren't required to exhaust legal options at home before pursuing the U.S. case, an appeals court said. [read post]
8 Jul 2009, 4:00 am
In what may be another example (too soon to tell), the Financial Times reports that four employees of Rio Tinto, currently in... [read post]
2 Mar 2011, 1:58 am by By DEALBOOK
The Indian steelmaker has increased its interest in Riversdale Mining of Australia, making it harder for Rio Tinto to complete its $3.9 billion bid for the coal miner. [read post]
6 Apr 2011, 7:12 am by By CHRIS V. NICHOLSON
Rio Tinto says it has obtained the acceptance of 49.49 percent of Riversdale Mining shares, and will extend its tender offer to April 20. [read post]
15 May 2009, 3:11 am
Miner Rio Tinto said it remains committed to a planned $19.5 billion tie-up with Chinese metals firm Chinalco, responding to talk that the deal may be revised to let more shareholders take part in a rights issue. [read post]
18 Oct 2010, 3:09 am by By DEALBOOK
BHP Billiton and Rio Tinto on Monday pulled the plug on their plans to form a $116 billion iron ore joint venture after regulators in Australia and elsewhere signaled they would block the deal because of competition concerns. [read post]
15 Oct 2010, 7:48 am by By JAMES KANTER
Germany's antitrust agency said Friday it had warned BHP Billiton and Rio Tinto that it planned to block their $116 billion joint venture to produce iron ore in Western Australia. [read post]
26 Mar 2010, 3:18 pm
“It was during the economic crisis in late 2008 that those large-scale steel companies were struggling with continuing their deals with Rio Tinto. [read post]
17 Mar 2010, 1:40 pm
Rio Tinto reiterates its hope for a transparent and expeditious process for its employees,” the company said.The trial will take place after talks between Rio, Vale SA and BHP Billiton Ltd., the three biggest suppliers of iron ore, and their customers to settle this year’s prices stalled.China, the world’s biggest buyer of the steelmaking raw material, last year refused to accept prices agreed between Rio and other Asian producers, saying… [read post]
19 Oct 2010, 12:34 am by By DEALBOOK
Ivanhoe Mines said on Monday it is launching a rights offering worth up to $1 billion, to raise funds for its Oyu Tolgoi copper-gold project in Mongolia, but the plan may well escalate hostilities between the company and its partner Rio Tinto. [read post]
12 Aug 2009, 3:12 am
" -- Wall Street Journal: "China Rio Tinto Case Risks Sending a Chill. [read post]
22 Mar 2010, 10:43 am by Ashby Jones
” A Rio Tinto spokesman declined to comment beyond Albanese’s remarks. [read post]
30 Jan 2008, 5:17 am
As BHP Billiton mulls its next move for Rio Tinto after having its first overture for the miner rebuffed, the latter’s advisers have apparently been busy checking out BHP’s books. [read post]