they talk of US$500m synergies but there must be benefits in controlling certain commodities too ie dictating pricing, controlling supply to maximise profits
iron ore they have 40 or so % combined maybe CVRD will keep them honest (though the 3 seem to collude anyway) but a mega merger would certainly give them a lot more pricing power in a range of metals, I dare say worth even more than the synergies
rio and bhp, page-3
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