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American and Australian regulators had given the deal their approval, but the EU's competition authorities objected, and would probably have allowed it through only on the condition that BHP made significant divestments, in order to maintain competition in iron ore.
ECONOMIST: BHP Billiton ends its pursuit of Rio Tinto
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Sierra Leone made news in 2012 with eye-popping economic growth figures boosted by strong iron ore exports while in Niger it was uranium and oil exports that brought impressive growth.
BBC: African Viewpoint: Predictions for 2013
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Times have changed since Henry Ford made the River Rouge complex in Dearborn, Michigan, into the ultimate in vertical integration, with iron ore going in one end and shiny Model A's coming out the other.
FORBES: Ghost cars, ghost brands
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As already made clear by my colleague Robert Lenzner in repeated columns, market forces are in place for a spike in iron ore, copper, and coal prices, while aluminum prices are also set to tread higher.
FORBES: Watch Out In Iron Ore, Coal, Copper When Easy Money Policies Are Done, Says Rio Tinto