Thursady, September 30,
BHP Billiton and Rio Tinto are looking at revising or postponing their proposed $116 billion Iron ore joint venture.
A postponement would allow time for the Australian Government to set the terms of its planned mining tax.
The joint venture have been awaiting approval from competition regulators in Europe, Australia and Asia since last December for their plan to merge their Australian Iron ore operations.
Source: Reuters
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