Rio-BHPB joint venture axed

Global mining giants BHP Billiton and Rio Tinto have finally scrapped their proposed US$116 billion iron-ore joint venture, bowing to significant opposition from regulators, steel groups and major investors almost a year and a half after first announcing the plan

Global mining giants BHP Billiton and Rio Tinto have finally scrapped their proposed US$116 billion iron-ore joint venture, bowing to significant opposition from regulators, steel groups and major