Home » Posts tagged with » BHP Billiton

Legislation Needed for Fracking

Australian mining companies and projects are involved in a growing international environmental furore over the hydrocarbon extraction technique known as hydraulic fracturing, or “fracking”. The process involves injecting a high…

Broken Deal between BHP Billiton and Rio Tinto

Only 16 months after revealing their joint venture plan, BHP Billiton and Rio Tinto canceled the $116bn iron-ore joint venture proposal. The deal was expected to be cancelled since major…

Resurgence of Global Mergers and Acquisitions

After two slow years, banks are gradually opening up their lending capacity to finance large acquisitions worldwide. Also cheaper lending rates are creating more opportunities for potential buyers. With banks…

BHP sued by Potash Corp

BHP Billiton was sued on Wednesday by Potash Corp, which wants to block BHP’s hostile bid amounting $39bn to take over the fertilizer company from Canada. The basis of the…