China’s Vice-Premier Li Keqiang recent trip down under only serves as a salutary reminder of the increasingly sophisticated yet tough approach by the PRC in its dealings with weaker nation states such as Australia, writes Tony Lamond.
Chinalco
Political snippets: Grim times for British Labour, home and away
Richard Farmer wraps today’s political titbits: Could British Labour come home fourth in EU elections? NT minister cleared of swine flu and government breathes a sigh of relief over Chinalco.
Morning Market Report: Chinalco deal off — BHP deal on
The Chinalco deal backflip is the big story of the day, while the market is up 54.
Rio-BHP carve up isn’t iron-clad just yet
Rio Tinto and BHP Billiton are optimistic if they think their iron ore joint venture will pass muster at the European Commission, writes Glenn Dyer.
Chinalco’s $19.5bn backflip
Chinalco is set to walk away from a $19.5bn deal with Rio Tinto after weeks of wrangling over the terms of the transaction, and are now considering a joint venture with rival BHP Billiton.
Rio-BHP in Pilbara iron ore tie-up
BHP Billiton and Rio Tinto have decided to pool their Pilbara iron ore assets, spurning state-owned metals monopolist Chinalco.
Iron ore “price cut” all about Chinalco
We are about to find out how clever and strategic the Chinese Government and companies in the steel industry are, writes Glenn Dyer.
Morning Market Report: Explaining the RIO re-jig
Marcus Padley explains what’s going down between RIO and Chinalco.
Morning Market Report: RIO up 4%
The Rio Tinto-Chinalco deal gets more press, while the market and the Dow are both down.
Kohler: Fix Rio or resign
The incoming chairman of Rio Tinto, Jan du Plessis, has two important tasks: to renegotiate the deal with Chinalco and to bring about change within Rio itself, writes Alan Kohler.
Secret Beijing voting business saves Sir Rod
Rio Tinto’s AGM in Sydney on Monday is all about treating small shareholders with utter contempt.
Local bluebloods nix Rio’s Shanghai swing
A major Australian shareholder in Rio Tinto has broken rank and revealed its “deep concern” over the proposed link up with Chinalco, writes Glenn Dyer.
Costello trumps Keating in Rio stoush
Peter Costello made some telling points yesterday over Chinalco’s bid to buy Rio Tinto’s resources assets, writes Nicholas Gruen.
Vote for Chinalco, bring Rio Down Under
The debate leading up to the big Rio Tinto shareholder votes in May will be the most complex, politically charged and serious that we’ve ever seen over foreign investment, writes Stephen Mayne.
Rio’s Chairman-elect pulls the pin
To lose a chairman before he’s even taken the top job is an embarrassment, writes Glenn Dyer, and the departure could signal trouble ahead at Rio.
BHP’s $690 million Rio fees blowout
BHP spent $690 million in advisory fees for a deal that went nowhere, and it’s time to start counting the cost to shareholders, writes Michael Feller.
