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BHP pulls out of Rio Tinto bid

Source: Inside Business
Published: Sunday, November 30, 2008 10:26 AEDT
Expires: Saturday, February 28, 2009 10:26 AEDT

BHP Billiton's decision this week to bail out of its Rio Tinto bid is, among other things, a statement by BHP that it has changed about the prospects for commodities, the global economy and mining.

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Tags: business-economics-and-finance, industry, mining, international-financial-crisis, australia

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