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RTP Petroneft Resources PLC

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Petroneft Resources PLC LSE:RTP London Ordinary Share IE00B0Q82B24 Ord EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Australia's Treasurer: Rio Tinto-BHP JV End A Commercial, Regulator Matter

18/10/2010 12:19am

Dow Jones News


Petroneft Resources PLC (LSE:RTP)
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The termination of BHP Billiton Ltd. (BHP) and Rio Tinto Ltd.'s (RTP) planned US$116 billion Pilbara iron ore deal is a commercial matter for the companies involved and independent regulators, a spokesman for Australian Treasurer Wayne Swan said Monday.

"The Treasurer won't be offering a running commentary," the spokesman told Dow Jones Newswires.

The planned joint venture, which would have been responsible for around a third of the global iron ore trade, had been facing problems for months as regulators in Germany, the European Union, Japan, Korea, Taiwan, China and Australia picked over the details of the proposal.

-By Rachel Pannett, Dow Jones Newswires; 61-2-6208-0901; rachel.pannett@dowjones.com

 
 

1 Year Petroneft Resources PLC Chart

1 Year Petroneft Resources PLC Chart

1 Month Petroneft Resources PLC Chart

1 Month Petroneft Resources PLC Chart