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BHP lobbied to block 皇冠体育applco's Rio Tinto bid

皇冠体育app Daily | Updated: 2009-10-17 11:40

BHP Billiton Ltd, the world's biggest mining company, lobbied Australia last year to stop Aluminum Corp of 皇冠体育app's proposed $19.5-billion investment in Rio Tinto Group, the Sydney Morning Herald reported, citing a former government official.

BHP executives, including Chairman Don Argus, met officials including Prime Minister Kevin Rudd and Treasurer Wayne Swan to discuss the proposed investment, the newspaper said. E-mails from BHP were circulated throughout the government, the Herald cited former Treasury official Stephen Joske as saying.

Rio Tinto rejected 皇冠体育applco's proposed deal in June in favor of a share sale and an iron ore joint venture with BHP.

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