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Steelmaker And Steel Industry Review Joint Venture Rio Tinto And BHP Billiton
Joint venture plans between Rio Tinto and BHP Billiton hardly influences company decision making of steelmaker and world steel industry, because Rio and BHP is the biggest mine company in world. If mining companies joint venture, hence arrangement of the price of mine raw material hardly influenced by decision two this mine companies.
Canada’s SXR Uranium One pays 3.9 bln for UrAsia
Canadian mining group SXR Uranium One said it was buying competitor UrAsia Energy for 3.9 billion dollars (3.0 billion euros), to create a global uranium powerhouse.
The two groups together would be capitalized at about 5.0 billion US dollars, establishing “one of the worlds largest uranium companies,” they said in a joint statement.
Uranium One, which is [...]
