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Reuters: Rio CEO says Chinalco stake bolsters BHP rejection

Started by chris, March 05, 2008, 11:01:03 PM

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chris

Rio CEO says Chinalco stake bolsters BHP rejection
      


TORONTO (Reuters) - The recent purchase by Chinese aluminum group Chinalco of a stake in world No. 2 miner Rio Tinto  adds fire power to Rio's rejection of BHP Billiton's  hostile takeover bid, Rio Tinto's top executive said on Wednesday.
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