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Did Rio chief win a pyrrhic victory?

China Daily | Updated: 2008-12-12 07:57

Did Rio chief win a pyrrhic victory?

Rio Tinto CEO Tom Albanese speaks during an interview in Toronto, Canada. Bloomberg News

Rio Tinto Group Chief Executive Officer Tom Albanese cost investors almost $50 billion when he repelled BHP Billiton Ltd's bid to make the world's largest mining acquisition.

Did Rio chief win a pyrrhic victory?

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