Industrial Development Corporation of South Africa Ltd – Herbei Iron and Steel Group CO Ltd – Maritius SPV (Yet to be Formed Special Purpose Vehicle) Owned by Smart Union Resource (Hong Kong) CO Ltd and Rio Tinto South Africa Ltd

Case number: LM142Mar13

Case parties:

Primary Acquiring Firm: Industrial Development Corporation of South Africa Ltd (First) Primary Target Firm: Rio Tinto South Africa Ltd (First)

Case type: Large Merger
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2013-07-03
Sector: Mining and quarrying
Industry: Mining of iron ores
Relevant market: Production and sale of DMS iron ore and sulphuric acid
Remedy: Supply Conditions
Competition Tribunal Members: Norman Manoim, Yasmin Carrim, Andreas Wessels

Case Files

Non-Confidential Version of Reasons

880,4KB