anglo australian

But the fact that the Anglo-Australian miner is weighing a bid at all suggests it has emerged from its post-Alcan funk.

The Anglo-Australian company earlier announced that four male staff had been detained in Shanghai but said the reason remained unclear.

The Rio deal would give Chinalco as much as an 18% stake in the Anglo-Australian miner as well as direct stakes in a number of its mines.

The best American newspapers are certainly superior to their Anglo-Australian counterparts in terms of depth and seriousness.

Aluminum Corp of China suspended its shares yesterday amid expectations of a deal with Rio Tinto, the Anglo-Australian miner.

Vale, Brazil's mining giant, recently picked up a clutch of assets from Rio Tinto, its debt-laden Anglo-Australian rival.

Not long ago Rio Tinto, another Anglo-Australian giant, reported record profits for the first half of the year.

Chinalco spokesman called it an economically rational decision to prevent the dilution of its ownership in the Anglo-Australian miner.

BHP Billiton, an Anglo-Australian company that is the world's largest mining firm, is trying to do the biggest deal yet.

The Anglo-Australian miner, however, warns that markets could remain volatile as governments start to end their stimulus programs.

Analysts speculated that mining rivals Vale, of Brazil, and the Anglo-Australian company Rio Tinto could consider counteroffers.

Instead, Rio chose a rights issue and iron-ore joint venture with Anglo-Australian BHP Billiton Ltd. to pay down its debt.

In mid-March the four iron ore salesmen from the Anglo-Australian mining giant finally proceeded to trial after eight months' detention.

China is locked in tense talks with the two Anglo-Australian companies over annual contract prices for iron ore.

Anglo-Australian bosses are in the habit of expressing their various biases through their newspapers and TV channels.

Anglo-Australian mining companies Rio Tinto and BHP Billiton declined to comment.

After all, Anglo-Australian miners have a patchy record (hello Rio-Alcan) when it comes to buying Canadian companies.

Its existing stake in Ivanhoe would give the Anglo-Australian miner a direct stake of about 20 per cent in Oyu Tolgoi.

China is a big customer for the Anglo-Australian miner, and the country's rapid economic growth has been underpinning high commodity prices.

A $19. 5bn investment by Chinalco into Rio Tinto collapsed in June when the Anglo-Australian miner abandoned talks.

In 2001 the newly merged company was only just bigger than Rio Tinto, an Anglo-Australian miner that is its nearest competitor.

The talks dramatically collapsed last year after China's arrests of four employees of Anglo-Australian miner Rio Tinto.