Sunday, March 18, 2012

BHP Billiton vs. Rio Tinto. Are they really competitors?

The single most noteworthy fact that I came across while preparing this financial analysis was that Rio Tinto and BHP joined operations for West Australian Iron Ore in 2009--after the failed attempt of BHP to acquire the rival mining firm. Both companies derive the most profit from Iron ore, so the cooperation amounts to a virtual monopoly of the region.

The presentation below was presented to the Financial Analysis class taught by T. Brown and D. Hatherly.

No comments:

Post a Comment