News wrap

IN THIS morning’s News Wrap: Overzealous investors told to cut back BHP, sell Rio in ‘cyclical upturn’ for iron ore prices; Rinehart sees risk in Twiggy court ruling; and Rio appoints former Xstrata dealmaker to lead new Ventures unit.

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Overzealous investors told to cut back BHP, sell Rio in ‘cyclical upturn’ for iron ore prices

AAP reports that shares in mining giants Rio Tinto and BHP Billiton are overvalued because investors are “

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