Showing posts with label Rio Tinto. Show all posts
Showing posts with label Rio Tinto. Show all posts

Tuesday, July 7, 2009

For those who think we can deal with China....

The Financial Times has a story, Four Rio Tinto staff detained in China. Seems there is a dispute over the negotiations over a new contractual price for the iron ore Rio Tinto sells to China.

China is also mad because Rio Tinto backed out of a deal for a Chinese company to buy into Rio Tinto.

What a way to negotiate!