Opposition building to BHP-Rio merger plan

Nov 20, 2007 | 10:40 AM |

Opposition to the proposed takeover of Rio Tinto by BHP Billiton appears to be mounting, with the China Iron and Steel Association (Cisa) claiming the move would be harmful to international trade.

The statement from Cisa, China's main steel industry association, came just ahead of a planned visit by Marius Kloppers, BHP's chief executive officer, to meet with Chinese iron ore customers to explain the deal. China buys 38 percent of its iron ore from Australian suppliers.....





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