Duet in key miner

Article Abstract:

WMC, the Australian mining company, is open to takeover bids in the ever-consolidating global mining industry. A potential takeover bid from Anglo American has prompted WMC's business partner Alcoa to consider a takeover bid to protect its interest in Alcoa Worldwide Alumina and Chemicals. BHP Billiton may also submit a bid for WMC.

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Up, up and away: BHP Billiton's $9.2bn bid for WMC is a good long-term bet which could also pay short-term

Article Abstract:

Commodity prices are experiencing a high as the demand and prices are not sufficiently met by with expanded supply. The sheer magnitude and rate of expansion in demand caught producers unaware.

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Alcan rejects Alcoa, turns to BHP

Article Abstract:

The decision of Alcan Inc. to accept the bid of BHP Billiton Ltd. and reject the $28.4 billion offer from Alcoa Inc. is discussed.

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