BHP eyes Rio Tinto's stake in Escondida

BHP eyes Rio Tinto's stake in Escondida

There are 1 comment on the The Age story from Feb 13, 2009, titled BHP eyes Rio Tinto's stake in Escondida. In it, The Age reports that:

BHP Billiton's legal team is poring over joint-venture agreements covering the Escondida copper mine in Chile.

Join the discussion below, or Read more at The Age.

Mr Alex Weir

Zimbabwe

#1 Feb 15, 2009
I worked for Rio Tinto 6 months in Guinea Conakry 2007 as an IT Consultant. Quite truthfully, I have never in my 60 years worked for such a badly organised company. A takeover by BHP would almost certainly inject some management professionalism into Rio. This may be what the existing Rio senior incumbents fear - i.e. they are almost certainly putting their own career over the interests of employees and shareholders. Mr Alex Weir, Harare, Zimbabwe

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