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Commodities Briefing - Categorized | M&A, Metals and Minerals more

Rio still not interested in BHP takeover offer despite global financial meltdown

Posted on 29 October 2008

From Mineweb.com: Mega miner Rio Tinto still wants to tread its own path despite the worldwide financial crisis, but will be looking at all its upcoming capital commitments to see if savings can be made.

The financial meltdown won’t push Rio Tinto to reconsider a takeover bid by BHP Billiton but the global miner is rethinking its capital investment projects around the world, its chief executive said on Tuesday….. Full Article: Source


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