Kloppers Lets Rio Do All The Talking - For Bhp

Marius Kloppers got on his feet in Melbourne yesterday and said as little about BHP's bid for Rio Tinto as possible, which is the way he and his advisers want to keep it for the moment. With BHP's first formal submission seeking clearance for a takeover now in front of Europe's Competition Commission, and the value of its share-exchange offering sitting about 8 per cent above Rio's share price, the reality is the less the mining behemoth says for the moment, the better.