Reuters: Rio CEO says Chinalco stake bolsters BHP rejection

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Rio CEO says Chinalco stake bolsters BHP rejection
      

TORONTO (Reuters) - Chinalco's recent purchase of a stake in world No. 2 miner Rio Tinto   reinforces Rio's rejection of BHP Billiton's   hostile takeover bid on the grounds that the bid undervalues the firm, Rio Tinto's top executive said on Wednesday.
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