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Rio Tinto refuse BHP’s purchase offer again

Thursday, Dec 27, 2007
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Rio Tinto refused BHP’s offer again in the letter it gave to its stockholders. President of Rio Tinto Paul Skinner emphasized again that 3:1 exchange rate significantly undervalued Rio Tinto’s future. It has also mentioned the outlook of its iron ore and copper division and its giant status as the leader of world aluminum.

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