Business Services Industry
Chinese Premier's visit fires up miners.
Australasian Business Intelligence, April, 2006
Byline: Stephen Wyatt
Apr 05, 2006 (The Australian Financial Review - ABIX via COMTEX) -- There are a number of Australian resources firms excited by the strong demand for commodities, especially from China.
Citigroup has an overweight portfolio position in mineral and metal firms, with buy ratings on all of the diversified mining corporations: Anglo American, BHP Billiton, Companhia Vale Do Rio Doce (CVRD), Rio Tinto and Xstrata. Meanwhile, BHP Billiton has cemented its exuberance in early April 2006
by announcing a deal with CNOOC, China's third-biggest oil firm. Meetings with the Chinese Premier Wen Jiabao and Chinese deal- maker, Chen Yuan, are also boosting...
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