Commodities

China clears Rio, Australia for failed Chinalco bid

15 March 2010
A report by China's State Council clearing the Australian government and Australian miner Rio Tinto (RIO.ASX, RIO.LSE, RTP.NYSE) of blame for the failure of Aluminum Corporation of China's (Chinalco, 601600.SH) failed bid for a US$19.5 billion tie-up last June was welcomed by Australian authorities, Reuters reported.  more...

No gold rush for China

10 March 2010
A top Chinese official said that China has muted interest in building up gold reserves, Reuters reported.  more...

BHP in short-term coking coal deal

8 March 2010
A short-term supply contract for coking coal has been reached between mining giant BHP Billiton and customers in Europe, China, India and Japan, BusinessWeek reported.  more...
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