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BHP Billiton and Rio Tinto Send Conflicting Signs on Investments

PERTH, AUSTRALIA--June 29, 2012--Researched by Industrial Info Resources (Perth, Australia)--While the majority of the world's developed economies continue to struggle in the aftermath of the global financial crisis, which many commentators believe continues today, the mining industry has continued to flourish, especially in Australia. With record commodity prices, particularly for iron ore, coal and gold, the world's biggest miners, including BHP Billiton (NYSE:BHP) (Melbourne, Australia) and Rio Tinto Limited (NYSE:RIO) (Melbourne), have continued to invest billions of dollars to grow their production at break neck speed.

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Industry Segment: Metals & Minerals
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