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BHP, Rio scrap $116 billion iron ore joint venture (Reuters)

2:03am GMT, Monday, 18 October 2010

The BHP Billiton logo is seen at the company's head office in central Melbourne September 22, 2010. REUTERS/Mick TsikasReuters - BHP Billiton and Rio Tinto have scrapped their proposed $ 116 billion iron-ore joint venture 16 months after opposition from regulators, steelmaking customers and some major investors.



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