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Australia watchdog delays BHP-Rio iron ore jv ruling

Published 09/15/2010, 01:52 AM
Updated 09/15/2010, 01:56 AM

MELBOURNE, Sept 15 (Reuters) - The Australian Competition and Consumer Commission has again delayed its decision on BHP Billiton and Rio Tinto's proposed $116 billion iron ore joint venture.

It said in a statement the delay was at the request of the companies.

Rio Tinto and BHP , the world's second- and third-largest iron ore miners, have been awaiting approval from competition regulators in Europe, Australia and Asia since last December for their plan to merge their Australian iron ore operations. (Reporting by Sonali Paul; Editing by Ed Davies)

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