BHP move stops CRM becoming Pilbara player

BHP Billiton has blocked plans by China Railway Materials Commercial Corp (CRM) to become the fourth "force" in the Pilbara iron ore industry by consolidating ownership of projects owned by junior companies.

BHP ore buyback will thwart Chinese ambitions

BHP BILLITON has blocked plans by China Railway Materials Commercial Corp (CRM) to become the fourth "force" in the Pilbara iron ore industry by consolidating ownership of projects owned by junior companies.