Rio Tinto and BHP Billiton, the world's No.2 and 3 iron ore miners, sealed an agreement to pay Western Australia state a higher royalty on iron ore fines to match the royalty on lump ore, as agreed in May. |||
Rio Tinto and BHP Billiton, the world's No.2 and 3 iron ore miners, sealed an agreement to pay Western Australia state a higher royalty on iron ore fines to match the royalty on lump ore, as agreed in May.
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European Union regulators say a plan by the world's No. 2 and No. 3 iron ore miners, Rio Tinto and BHP Billiton, to combine some operations could damage competition. Read Post
Australian prospectors are scouring remote outback locations for new sources of iron ore to rival the big western lodes dominated by Rio Tinto and BHP Billiton, spurred on by China's swelling appetite. ||| Australian prospectors are... Read Post
BHP Billiton and Rio Tinto, the mining giants, signed an agreement over the weekend to combine their iron ore operations in Western Australia, a deal the companies said would save them $10 billion a year. Read Post