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BHP, Rio warn on risk

THERE were reminders today that BHP Billiton and Rio Tinto’s iron ore joint venture in the Pilbara is far from a done deal.

Kate Haycock
BHP, Rio warn on risk

Shares in Rio fell $A15.43 to $57.80 after it launched the issue at $28.29 per share. In London, Rio will be issuing 21 new shares for every 40 existing shares at £14 per share. The raising will...

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