BHP shrugs off Chinalco go-ahead

Monday, 25 August 2008 | The Australian Financial Review | Ingrid Mansell and Noelle Waugh BHP Billiton last night shrugged off the Treasurer's decision to allow Chinalco to raise its holding in Rio Tinto to 11 per cent, saying further stakebuilding by the Chinese aluminium giant would not hinder its $170 billion takeover ambitions.