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	<title>StockPreacher &#187; rio tinto</title>
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		<title>Rio Tinto dumps Chinalco for iron ore tie-up with BHP</title>
		<link>http://stockpreacher.com/2009/06/11/rio-tinto-dumps-chinalco-for-iron-ore-tie-up-with-bhp/</link>
		<comments>http://stockpreacher.com/2009/06/11/rio-tinto-dumps-chinalco-for-iron-ore-tie-up-with-bhp/#comments</comments>
		<pubDate>Thu, 11 Jun 2009 10:25:29 +0000</pubDate>
		<dc:creator>boss</dc:creator>
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		<category><![CDATA[BHP Billiton]]></category>
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		<category><![CDATA[rio tinto]]></category>
		<category><![CDATA[Steel]]></category>

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		<description><![CDATA[Rio Tinto dumped plans for a landmark investment from China last Friday, opting instead to raise US$21B through a rights issue and a joint venture with one-time suitor BHP Billiton. Rio&#8217;s US$19.5B deal with Chinese metals group Chinalco was put together in February at the height of the financial crisis in a bid to halve [...]]]></description>
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