bhp billiton threatens to walk away from mrrt, page-8

BHP and Rio have said the venture will save them $10bn in costs, but have given little indication of how much of this will be passed on to customers.

http://www.theaustralian.com.au/business/china-to-challenge-bhp-rio-pilbara-merger/story-e6frg8zx-1225842059037

Rio and BHP?s plan to combine mines, railroads, ports and workforces in the Pilbara region in a 50-50 joint venture is estimated to save at least $10 billion. The deal is opposed by steelmakers in Europe and Asia.

http://www.businessweek.com/news/2010-06-30/bhp-rio-told-to-share-some-iron-ore-rail-networks.html