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Sunday, November 22nd, 2009

Posts Tagged ‘ Fortescue Metals Group Ltd. ’

China Turning the Screws on Rio Tinto in Iron Ore Negotiations

Aug 21st, 2009 | By Bob Blandeburgo | Category: Emerging Markets

China is pressing Rio Tinto PLC (NYSE ADR: RTP) hard for a sharp reduction in the prices the company charges for its iron ore. But mining companies like Rio, who have had their bottom lines eviscerated by a slump in commodities prices, may have a hard time acquiescing.

Tags: Bob Blandeburgo, china, commodities prices, Emerging Market, Fortescue Metals Group Ltd., Iron Ore, RTP
Posted in Emerging Markets | No Comments »

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