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.
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