Search Results for: RHP
BHP Billiton (BHP) has offered to buy rival Rio Tinto (RTP). BHP has a market cap of $230 billion. And Rio’s is $115 billion. Both stocks are moving up on the news. A combined company could be...
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Shares in BHP Billiton (BHP) and Rio Tinto (RTP) both lost over 10% of their market caps in Europe trading today. For BHP that is almost $18 billion and for RTP is it almost $12 billion. The stocks...
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The largest mining company in the world, BHP Billiton (NYSE:BHP) today reported revenues of $59.47 billion and EPS of $2.75 for its full 2008 fiscal year ended June 30th. Analysts were expecting...
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The Times of London reports that metals company Rio Tinto (RTP) plans an all-out attack against suitor BHP Billiton (BHP). According to the paper "Tom Albanese, Rio’s chief executive, will...
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Rio Tinto (NYSE:RTP) could take a sweetened bid from miner BHP Billiton (NYSE:BHP). Up until now, RTP have told investors that a deal is not possible. Rio Tinto’s shareholders are...
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As a huge consumer of metals, China does not want to see a merger between Rio Tinto (RTP) and BHP Billiton (BHP). The new company might have too much leverage in raising prices. So, China political...
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At first, the offer by mining giant BHP Billiton (BHP) to buy Rio Tinto (RTP) looked improbable. The $140 billion price seemed quite rich and offering an all stock arrangement might not be attractive...
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London-based Rio Tinto (NYSE:RTP) reported earnings for the first six months of 2008, and the numbers were very impressive. Net earnings reached $6.9 billion, up 113% from the first half of 2007. The...
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The Australian government's proposed 40% super profits tax has caused a considerable uproar among mining companies operating in that country. BHP Billiton has said it would use all its influence to...
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Most on Wall St. believed that Alcoa (AA) was the odd man out in the metals industry. It missed out on buying Alcan. It has been nowhere to be seen in the big takeover tussle between large rivals Rio...
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The deal between China’s government-owned aluminum company, Chinalco, and Rio Tinto plc (NYSE: RTP), in which Rio gets $19.5 billion and Chinalco gets a larger stake in Rio may be changing. There...
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Standard & Poors took an already unenthusiastic "Hold" rating on U.K.-based metals giant Rio Tinto (NYSE:RTP) ADR’s down to the beloved "Sell" rating. This was...
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When China’s government-owned aluminum company Chinalco agreed to pay $19.5 billion for an additional 9% of Rio Tinto plc (NYSE:RTP), the deal already faced a couple of problems. The biggest was...
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China consumed 864 million metric tons of coal in the first quarter of 2010. Thermal coal consumption to generate electricity totaled 444 million metric tons and metallurgical coal consumption,...
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