How does BHP-Rio Iron Ore stacked up for investors?

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Fri, Jun 5, 2009
Iron Company News
Post by Melissa Pistilli, Iron Senior Reporter

Global miners Rio Tinto and BHP Billiton are to combine their Australian iron ore operations, six months after BHP dipped a hostile takeover bid for Rio Tinto.

John Sevior, head of Australian equities for Perpetual Investments, stated:

I think it’s a very clever deal.

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