Rio deal is both good and bad. Shows that BHP are keen to sow up the iron ore market and hence a JV deal with YML would appear to be a simple and "cheap" way of aligning to this... but is it a distration from the main game? An announcement of a JV with YML would be great for all! It certainly hasn't been priced in yet.
YML
unknown
Rio deal is both good and bad. Shows that BHP are keen to sow up...
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