International Business News - BBL http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif BHP Billiton is seeking approval to build a US$3.5 billion water desalinization plant to service its Escondida copper mine in northern Chile, one of the world's top sources of the metal, a company spokesman said Saturday. http://www.ibtimes.com/articles/20080906/bhp-billiton-to-build-us-3-5-bln-chile-water-plant.htm Sat, 06 Sep 2008 12:53:54 EDT Shares of global mining giant Rio Tinto PLC fell more than 10 percent Tuesday after European Union regulators put a hold on their investigation into its proposed acquisition by BHP Billiton Ltd. pending more information from the two companies. http://www.ibtimes.com/articles/20080902/rio-tinto-shares-fall-on-antitrust-probe-delay.htm Tue, 02 Sep 2008 17:46:58 EDT Shares of BHP Billiton Ltd. fell more than 8 percent Tuesday after European Union regulators put a hold on their investigation into the mining giant's takeover bid for rival Rio Tinto until they receive more information from the companies. http://www.ibtimes.com/articles/20080902/bhp-billiton-shares-fall-on-antitrust-probe-delay.htm Tue, 02 Sep 2008 17:47:14 EDT European Union antitrust regulators said Tuesday that they had put on hold an antitrust probe into miner BHP Billiton's mammoth bid for rival Rio Tinto Inc. because the companies have not provided information. http://www.ibtimes.com/articles/20080902/eu-delays-antitrust-probe-bhp-billiton-bid.htm Tue, 02 Sep 2008 16:55:10 EDT BHP Billiton Ltd, Australia's largest oil and gas producer, has shut down production and evacuated personnel from its operations in the Gulf of Mexico as Hurricane Gustav took aim at the region. http://www.ibtimes.com/articles/20080901/bhp-billiton-shuts-down-oil-production-in-gulf.htm Mon, 01 Sep 2008 02:47:39 EDT Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday. Swan said he approved the Chinese state-owned company's acquisition of up to 14.99 percent of the shares in Rio Tinto PLC, the London Stock Exchange-listed arm of Rio Tinto Group. The approval came after Aluminum Corp. of China, also known as Chinalco, bought the shares. http://www.ibtimes.com/articles/20080824/australia-approves-chinalcos-stake-in-rio-tinto.htm Sun, 24 Aug 2008 14:53:38 EDT Chile's Central Banks says the nation's copper sales surged 8.8 percent in the first seven months of the year over the same year-ago period. The bank announced Monday that Chile had copper sales of $25.06 billion through the end of July on soaring metal prices. The South American nation is the world's largest copper producer. http://www.ibtimes.com/articles/20080818/chile-copper-sales-soar-8-8-percent-thru-july.htm Mon, 18 Aug 2008 18:01:33 EDT BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong. http://www.ibtimes.com/articles/20080818/bhp-billiton-reports-record-annual-profit.htm Mon, 18 Aug 2008 07:01:09 EDT Shares of Rio Tinto PLC slid Monday after the British mining company said it would invest $341 million to support ongoing pre-feasibility studies on a major copper deposit in Superior, Ariz. http://www.ibtimes.com/articles/20080804/rio-tinto-invests-341m-in-arizona-copper-studies.htm Mon, 04 Aug 2008 19:58:54 EDT An Exxon Mobil Corp. subsidiary and BHP Billiton on Friday announced plans to spend $1.25 billion to tap oil and gas reserves in Bass Strait off southern Australia. http://www.ibtimes.com/articles/20080725/exxon-and-bhp-announce-big-australia-gas-project.htm Fri, 25 Jul 2008 06:57:44 EDT A subsidiary of ExxonMobil Corp. and BHP Billiton Ltd on Friday announced a $1.25 billion project to tap oil and gas reserves in Bass Strait off southern Australia. http://www.ibtimes.com/articles/20080724/exxon-and-bhp-announce-big-australia-gas-project.htm Thu, 24 Jul 2008 23:03:18 EDT Heavy equipment company Caterpillar Inc. said Wednesday that it reached an agreement with mining company BHP Billiton Ltd. to develop an autonomous mining haulage system. http://www.ibtimes.com/articles/20080723/caterpillar-reaches-development-deal-with-bhp.htm Wed, 23 Jul 2008 10:40:49 EDT The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed concerns about higher prices and reduced choice for European customers of the mining concerns. http://www.ibtimes.com/articles/20080704/eu-widens-billiton-rio-tinto-probe.htm Fri, 04 Jul 2008 16:52:10 EDT BHP Billiton Ltd. said Friday that China's Baosteel, negotiating on behalf of the Chinese steel industry, agreed to price hikes of up to 96.5 percent for iron ore supplies this year following protracted negotiations. http://www.ibtimes.com/articles/20080704/bhp-chinas-baosteel-agree-iron-ore-price-hike.htm Fri, 04 Jul 2008 11:40:57 EDT The gold, silver and bronze medals that will hang around the necks of athletes at next month's Olympics were formally handed over Thursday to the organizers of the Beijing Games. http://www.ibtimes.com/articles/20080703/olympic-medals-turned-over-to-beijing-organizers.htm Thu, 03 Jul 2008 10:01:38 EDT Global mining company BHP Billiton said Thursday that U.S. antitrust regulators had granted partial approval for its $170 billion hostile takeover bid for rival Rio Tinto. http://www.ibtimes.com/articles/20080703/bhp-clears-us-hurdle-to-rio-bid.htm Thu, 03 Jul 2008 09:16:16 EDT Rio Tinto has won a 97 percent price increase for its iron ore from Asian customers this year, the mining company said Tuesday. The increases, ranging from 79.88 percent to 96.5 percent, represent the sixth consecutive annual increase in iron ore prices, as demand for the steel making material soars from China and other developing nations. http://www.ibtimes.com/articles/20080701/rio-tinto-wins-97-pct-price-hike-for-its-iron-ore.htm Tue, 01 Jul 2008 12:09:01 EDT Asian markets were mixed Monday as Japan's benchmark index rose to its highest in nearly five months, but Thai stocks sank for a fifth time in six days on heightened political uncertainty. http://www.ibtimes.com/articles/20080602/asian-shares-mixed-thai-shares-drop.htm Mon, 02 Jun 2008 06:40:46 EDT European steelmakers called Friday for EU regulators to block BHP Billiton Ltd.'s efforts to take over mining rival Rio Tinto PLC, saying that such a deal would allow a new iron giant to fix prices for steel's key raw material. http://www.ibtimes.com/articles/20080530/steelmakers-against-tie-up-involving-rio-tinto.htm Fri, 30 May 2008 08:23:29 EDT U.S.-traded shares of European companies headed higher Thursday, with the top gainers including wireless companies Telecom Italia SpA and Vodafone Group PLC. http://www.ibtimes.com/articles/20080522/adrs-in-focus-europe.htm Thu, 22 May 2008 15:49:19 EDT