Dust will take a while to settle in Pilbara
June 29 - July 5, 2009
PROPOSED iron ore superpower, the BHP Billiton-Rio Tinto JV, has promised shareholders of the two companies billions of dollars in upfront cost savings from the union. However, observers say major operational benefits could be a long time coming and that faith in ‘junior’ partner Rio Tinto’s mining approach might be needed to underpin a harmonious marriage.
