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BHP demerger plan in doubt amid iron ore, oil price slump
BHP Billiton's grand plan to conduct a demerger in 2015 is facing a new wave of scepticism, with some pundits believing the recent slump in commodity prices is undermining the rationale for the ...
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Rio Tinto rejects Glencore merger approach amid iron ore slump - Yahoo!
Speculation has grown around a Glencore bid for Rio as prices of iron ore, which made up 92 percent of Rio's first-half profit, have slumped to five-year lows, as the top producers have flooded the market with new supply. Analysts at Bernstein calculate for every dollar fall in the price of iron ore, Rio's assets lose $1.5 billion in value.
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BHP, Rio routed amid iron ore slump
The price of iron ore has marked its sixth straight fall to a 10-year low on the back of an eight-session losing run as investors bet big on further pain for miners in the sector.
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